Introduction
Learning team A will illustrate Riordan’s strategic manufacturing strategy for electric fans supply chain. According to the University of Phoenix, “Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million” (University of Phoenix, 2013, para. 1). “The company is owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. Riordan products include plastic beverage containers produced at its plant in Albany, Georgia, custom plastic parts produced at its plant in Pontiac, Michigan, and plastic fan parts produced at its facilities in Hangzhou, China. Riordan's customers are automotive parts manufacturers, aircraft manufacturers, the Department of Defense, beverage makers and bottlers, and appliance manufacturers” (University of Phoenix, 2013, para. 2).
This paper will establish Riordan’s manufacturing strategy, generate a process flow diagram, select two metrics to evaluate the performance of the electric fan supply chain, describe the supplier relationship, and include a depiction of lean production standards for electric fans based off the sales forecast.
Riordan Manufacturing Strategy
A Process Flow Diagram for the Electric Fan Supply Chain
Metrics to Evaluate the Performance of the Electric Fan Supply Chain
Supplier Relationship and its Effects on the Supply Chain
Riordan has demonstrated a strong rapport with managing their supplier relationships. The buyers in the China’s plant purchase the electric motors and plastic polymers from local Chinese companies. The China’s plant uses a Chinese shipping company to ship the electric fans anywhere in China. The plant uses FedEx and a Chinese shipping company to ship orders internationally. The China Plant uses two shipping companies for international shipments to assure the timely delivery services, and while the services of both shipping companies are very...