Research Paper on "Process Design for Riordan Manufacturing"
Research Paper 4 pages (1018 words) Sources: 4
[EXCERPT] . . . .
Riordan Supply ChainProposal Package for Riordan's Global Supply Chain Management
Riordan Manufacturing is a global plastic injection firm based in the United States. It specializes in the production of industrial materials and consumer items such as electric fans. This focus has required it to seek labor contexts in the global market where it can keep production costs down while simultaneously producing the fan motors needed to make final assembly of its product. Its manufacturing plan in Hangzhou, China is the primary point of production for the fan motors, and therefore the American facilities rely on the production and shipping schedule in Hangzhou in order to carry out fan assembly and marketing. This dependency is creating a supply-chain bottleneck due to an unacceptably high level of later delivery.
MRP:
The shipping schedule and inventory maintenance in Hangzhou are administrated by a Material Requirements Planning (MRP) software program. Indeed, according to an internally maintained weblog on the subject, this type of global supply chain management creates a need for "special software developed by the manufacturers in the planning and scheduling tasks of the company. It shows the orientation between the various requirements and the progress in the manufacturing sector, so that more accuracy in the delivery dates." (Riordan Manufacturing, 1) Unfortunately, the current bottleneck calls the MRP approach into scrutiny, suggesting that opportunity is being lost for Riordan's domestic markets, which experience production delays while waiting for fan motor imports to arrive.
New Process Design:
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Based on the difficult tenor of the marketplace and the fact that Riordan is yet posed for continuing growth, this is a clear time for Riordan to seize the opportunity for a necessary transformation. The company can ill afford to abide these productivity losses if it is to justify the cost-cutting measures of engaging production operations in China. However, this is not to suggest that its process design should be dramatically altered at this juncture. Instead, adjustment is simply needed. At first forays into globalization are showing Riordan as a company with the capacity to benefit significantly from lowered labor costs, but it must also balance this with greater inventory assurance on the domestic front. This denotes the need for the recommendation made here, which calls for Riordan to raise its import rate and inventory stocking of the Chinese made fan motors. The cost could be offset by reconsidering the inventory which it has kept with respect to plastic polymer, which is produced nearby and available quickly where necessary. The figures driving the MRP delegation of shipping and production schedules must be altered to reflect a greater inventory focus on fan motors and a more need-basis supply chaing where the plastic polymers are concerned.
Global Supply Chain:
Industrial manufacturing is a trade which has gained increasing ground as a launch-pad for participation in the globalization of production and resource exchange. Riordan is a suitable example. A leading firm in its field, and already boasting locations that while not numerous, are at least in settings that are quite distinct from one another, Riordan's production and contracting… READ MORE
Quoted Instructions for "Process Design for Riordan Manufacturing" Assignment:
“Please see if *****"*****" can do the paper. If not anyone will work
Write a proposal package for Riordan in which you include the following items:
The MRP for the manufacturing of the Riordan electric fans
A new process design for the production of the Riordan electric fans
A supply chain for the electric fans, taking advantage of any global opportunities available to Riordan, such as lower labor costs
A cover letter detailing how you will coordinate aggregate operations planning and TQM for the Riordan electric fans
Will be sending sample paper in Attachment #1
Will be sending information packet on Riordan Manufacturing in Attachment #2
Please included introduction and conclusion.
How to Reference "Process Design for Riordan Manufacturing" Research Paper in a Bibliography
“Process Design for Riordan Manufacturing.” A1-TermPaper.com, 2010, https://www.a1-termpaper.com/topics/essay/riordan-supply-chain-proposal-package/4999. Accessed 4 Oct 2024.
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