Mcbride Financial Services Problem Solution

Mcbride Financial Services Problem Solution

  • Submitted By: Sandrew01
  • Date Submitted: 09/23/2009 8:09 AM
  • Category: Business
  • Words: 4179
  • Page: 17
  • Views: 1328


Problem Solution: Riordan
Sandrew L. Holloway
University of Phoenix

Problem Solution: Riordan
Riordan Manufacturing is a global producer of synthetics and chemicals (Riordan, 2009). Founded in 1991 by Dr. Michael Riordan a Fortune 1000 enterprise with revenues in excess of $1 billion dollars (University of Phoenix, 2009). Currently, Riordan has three facilities within the United States and one located internationally in China. (Riordan Scenario 2008). Riordan offers, state-of-the art design capabilities, creating innovative plastic designs that have earned international acclaim (UOP, 2007). Riordan Industries, with revenues exceeding $1 billion, is divided among three plants: plastic beverage containers in Albany, Georgia; custom plastic parts in Pontiac, Michigan; and plastic fan parts in Hang Zhou, China. Riordan corporate headquarters are in San Jose, California with Research and Development located there as well. (Riordan, 2008, p. 1).
The expansion of operations has increased Riordan Manufacturing’s customer base, but has also led to some issues with disparity and compatibility among the business systems between the independent operating locations, some of which need attention to improve business operations. Michael Riordan has been the primary force behind the ongoing success of Riordan. He is well educated, forward thinking, and proactive in all matters of business (Riordan Scenario 2008). Administrators, professionals, technical employees, sales and the managerial staff. The workers of the company represent different ethnic backgrounds, educational backgrounds and a variety of family situations.
Changes in the manufacturing market have made Riordan reassess the direction of their organization. Riordan Manufacturing, revealed expansion plans for a production facility to be located in the Hangzhou Province of China. Riordan chose the expansion to increase revenue by producing...

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