preview

Essay about Riordan Manufacturing Business Analysis

Good Essays

Riordan is an Industry leader in Manufacturing Injection Molded plastics. Some of their products include Medical Stents, Heart Valves, Plastic bottles and Fans. Riordan is based in the United States, with an expansion manufacturing plant in China. The Chinese plant produces fans. Team A will review the manufacturing process of the fans in China, and discuss a more efficient plan for a new Inventory management system, Mass customization, Lean Production and methods for Strategic planning.
Inventory Management
Riordan currently uses a system which requires Inventory staff to write down raw materials as they are received. These items are given to an inventory Clerk at the end of the day to be inputted into their computer. When these …show more content…

Mass Customization
At the present time, Riordan is receiving customized orders worldwide under individual customer contracts. This separate process demands time and labor costs separately from the regular supply chain management. Simchi-Levi, Kaminsky, and Simchi-Levi (2008) describes that if each unit of the supply chain performs specialized skills and applies learning curve process, workers can develop expertise and efficiency for mass production. Because each process of the supply chain manages these modules with more efficiency each time, fans can be assembled separately in order to customize products according to customer’s requirements. This differentiation in the product also involves efficiency and low cost in all the processes. Riordan Manufacturing can use their Pontiac, Michigan plant for final customization details on the product with the only purpose to delivery in less time to big markets like the United States and other America countries. The Michigan plant can receive a semi finished product from China without affecting quality and costs, only for mass customization purposes, in order to generate additional customers with innovative products with competitive advantages. This dynamic network can be more marketable to Riordan Manufacturing to extend their customers to other countries with the same product but with a differentiation on style and appearance details. Through

Get Access