Strategic Capacity Planning Riordan - Free Essay Example.
Strategic Capacity Planning Riordan Manufacturing has Chinese business partners with facilities in China. These facilities are in close proximity to the Qiantang River. The river access leads to Hangzhou Bay, which is sufficient to handle our shipping needs. Therefore, Riordan Manufacturing made a decision to take the electric fan process design supply chain to China. In order for this new.
Riordan Manufacturing Strategic Plan Strategic managers have responsibility to both the employees and stakeholders of the organization. Engaging in strategic management decisions should include ethics and social responsibilities. The expectation of such responsibilities from stakeholders is to fulfill legal and ethical economic decisions. Satisfying the purpose of the strategic planning.
Riordan is also known for their strength of quality in engineering on par with the Ford Motor Co. Strategic Plan Riordan was founded by Dr. Riordan, a professor in chemistry in 1991 (Apollo Group, Inc., 2008). Over the years Riordan has expanded the business from development, to manufacturing and, to production. Riordan was able to accomplish this expansion by acquiring a manufacturing plant.
First, Riordan offers to increase capacity, reduce shipping costs, and achieve shorter production time frames, which will compose strategic production plan. To do it, the Riordan current equipment is needed to be evaluated. Second, capacity planning includes calling in each department to the workflow process. Attention must be paid on increased.
This document analyzes Riordan's electric fan production process currently in use at the China plant, and proposes a new supply chain procedure and process design to include strategic capacity planning and lean production. Current Process Operating as a decentralized unit of Riordan Manufacturing, the China plant schedules production of electric fans to meet the forecasted sales. To ensure.
A strategic management plan will keep Riordan Manufacturing vision, goals and objectives at the forefront while remaining competitive in the ever changing market of the plastic industry, and maintaining the company values. Riordan needs a strategic plan for their corporation to be globally on top in the industry of manufacturing plastic in injection molding using modern design to continue.
Strategic Capacity Planning. Capacity planning in an operations and business environment is the process of determining the required capacity to supply the market place adequately in order to capture or sustain a desired market share in the industry the business operates in. The decision to add capacity in an industry or business is usually determined by the level of capacity utilization.