Riordan Electric Fan Proposal - 2681 Words

Riordan Electric Fan Proposal Riordan Electric Fan Proposal Olla S. Bartlett, Darjae Johnson, Thomas Williams University of Phoenix OPS/571 22 March 2012 Mahesh Singh Riordan Electric Fan Proposal Riordan Manufacturing manufactures many different plastic items ranging the gambit from medical devices, to bottles to electric fans. In the last year the Hangzhou plant has averaged 93% in its on-time deliveries (Apollo Group Inc., 2012). This proposal package will detail a plan for obtaining Riordan’s goal of 99% on-time delivery of the electric fans and reduce the on-hand stock of inventory to reduce costs (Apollo Group Inc., 2012). The proposal will detail a Materials Requirement Plan (MRP), a new process†¦show more content†¦The purpose of the lean production model is to eliminate the waste created during the manufacturing process and to increase the quality of the products (Continental Design and Engineering, 2008). This is done by streamlining the process and eventually reduces costs and production times. There are seven different types of waste identified by lean production: over production, inventory, conveyance, correction, motion, processing and waiti ng (Continental Design and Engineering, 2008). Over production is not currently an issue that Riordan faces with the Hangzhou plant but always needs to be kept in consideration. Extra inventory that is produced and is not sold may need to be sold-off at reduced prices at a loss to the company or may go bad or become outdated and need to be dumped also at a loss. Careful monitoring of sales, historical and forecasted, and over-ordering of raw materials and parts to assemble the fans can be very expensive in the long run. By instituting a computerized MRP plan with a new flexible supply chain will help Riordan in reducing the chances of over production. Related to the over production issue is inventory. Excess inventory ties up funds not only in the stored inventory but the costs associated with storing the inventory. This waste issue is best controlled with methods similar to those of the over production issue. The moving of the plant from theShow MoreRelatedOps/571 Week 61430 Words   |  6 PagesProcess Design for Riordan Manufacturing OPS/571 â€Æ' Riordian Manufacturing, Inc. Hangzhou, China June 21, 2012 Motor, Inc. 1000 Last Class Flint, MI 900012 Dear CEO: At Riordan, the electric fan division has revised the process for supplying the electric fans. Part of Riordan’s operations planning, Riordan would implement aggregate operations. From Operations Management for Competitive Advantage (2006), â€Å"Aggregate operations planning involves translating annualRead MoreRiordan Manufacturing W6 Final1558 Words   |  7 PagesRiordan Manufacturing Process Design Proposal Package Description Riordan Manufacturing is in need of a new process for its manufacturing of electric fans. With potential bottlenecks from the current process, both time management and expenses have been suffering. Many factors have been taken into consideration with the new innovative process. With the utilization of the new process it is not only going to be time saving but also will illustrate overall revenue growth. The proposal willRead MoreProcess Design1109 Words   |  5 PagesRiordan is a leading future 1000 manufacturing company that is an industrial leader in the field of plastic injection molding (Riordan, 2004). Riordan Manufacturing China plant acts as a decentralized unit of Riordan Manufacturing (Riordan, 2004). I have created a proposal package that will address the new process design that focuses on all phases of manufacturing the electric fans from determining the number of parts and components to the materials needed in production. It will include a newRead MoreProcess Desi gn for Riordan Manufacturing1523 Words   |  7 PagesRunning head: PROCESS DESIGN FOR RIORDAN MANUFACTURING Process Design for Riordan Manufacturing International Operations Management OPS GM571 Process Design for Riordan Manufacturing Riordan manufacturing in San Jose, California, is the leading manufacturer in plastic injection molding. The company also has facilities in Albany, Georgia, Michigan, Pontiac and Hangzhou, China. This paper is to present a production process design proposal for the electric fans until it arrives at to the finalRead MoreExecutive Summary of Business Processes1183 Words   |  5 Pagesprocesses and requirements for computer system enhancements. Riordan Manufacturing needs these enhancements to improve its inventory and manufacturing processes. Executive Summary About Riordan Manufacturing (RM) Dr. Riordan, a chemist, started Riordan Plastics in 1991 as a research and development company based on patents for creating high tensile strength plastic products. Riordan Plastics added manufacturing operations and became Riordan Manufacturing (RM) in 1992 (Apollo Group, Inc., 2006)Read MoreRiordan Manufacturing1862 Words   |  8 PagesRunning Head: Process Design for Riordan Manufacturing Process Design for Riordan Manufacturing: Inception to Production Planning Writer’s Name Course Name, Semester No, Class Level Supervisor Name September 23, 2009 Introduction The present paper discusses the proposal package for Riordan which handles each step of electric fans from inception to production. It includes the material requirement planning phase of fans being manufactured at the China Plant. There is furtherRead MoreProposal Package for Riordan Manufacturing Essay2250 Words   |  9 PagesProposal Package for Riordan Manufacturing The Riordan manufacturing plant at Hangzhou China specializes in creation of fans for Riordan’s many customers. Based on previous years’ sales and the potential for improvement to meet customers’ demand, Riordan anticipates higher sales in the next one to two years. Team A has developed a proposal to improve sales forecasting at the Hangzhou plant to meet this demand. The proposal includes methods to improve inventory management, employee trainingRead MoreEssay on Process Design for Riordan Manufacturing1895 Words   |  8 PagesRunning Head: PROCESS DESIGN FOR RIORDAN MANUFACTURING Process Design for Riordan Manufacturing STUDENT NAME University of Phoenix Online INSTRUCTOR NAME OPS/571 DATE Process Design for Riordan Manufacturing The Riordan Manufacturing plant in Hangzhou, China operates its manufacturing unit to prepare the electric fan to provide the worldwide supply based on the production forecast sales extrapolated using the theory of moving averages for last three years. This paper includesRead MoreDeveloping Management Skills404131 Words   |  1617 PagesSKILL ANALYSIS 310 Case Involving Power and Influence 310 River Woods Plant Manager 310 SKILL PRACTICE 311 Exercise for Gaining Power 311 Repairing Power Failures in Management Circuits 311 Exercise for Using Influence Effectively 312 Ann Lyman’s Proposal 313 Exercises for Neutralizing Unwanted Influence Attempts 314 Cindy’s Fast Foods 314 9:00 to 7:30 315 x CONTENTS SKILL APPLICATION 317 Activities for Gaining Power and Influence Suggested Assignments 317 Application Plan and Evaluation 318 Read MoreFundamentals of Hrm263904 Words   |  1056 PagesUses Real Companies 7-Eleven Abercrombie Fitch American Express Apple Computer ATT Baxter International Best Buy Boeing CitiGroup Coca Cola Domino’s Dow Chemical DuPont Ebay Federal Express Ferrari Ford Motor Company Four Seasons Resorts General Electric General Motors Hewlett-Packard Honolulu Police Department IBM John Deere Johnson Johnson K-mart Levi-Strauss Mars Company McDonald’s Motorola Nabisco Nike Oracle Otis Elevator Principal Financial Group Priority Staffing Proctor Gamble Remington