Riordan Competitive Advantage

Riordan Competitive Advantage









Riordan Competitive Advantage
May 29, 2012
MGT/498








 
Riordan Competitive Advantage

Business firms must comprehend the increasing global competition to sustain business. The global market affects the business strategy of an organization. Competition is unavoidable, and a business must differentiate the type of competitive advantage most beneficial for success. The company, Riordan Manufacturing should know the competitive advantage that will allow them to improve innovation and sustainability of business operations internationally. After the determination of competitive strategies, an organization can estimate the sustainability effects for long-term organizational performance. Riordan Manufacturing is a corporation that considers these aspects to succeed in the global market.
Chemistry professor, Dr. Riordan, founded Riordan in 1991. Riordan manufacturing is a global plastics manufacturer wholly owned by, Fortune 1000 company, Riordan Industries. The industry leader consists of 550 employees to produce plastics beverage containers, custom plastic parts, and plastic fan parts. The development of these products occur in Texas, Georgia, Michigan, and China, which are later distributed to automotive manufacturers, aircraft manufacturers, appliance manufacturers, bottlers, beverage makers, and the Department of Defense. As a Six Sigma company that exceeds ISO 9000 standards, Riordan offers solutions to their customers. The research and development team identifies the trends in polymer material and most important, ensures customer satisfaction (University of Phoenix, 2012).
Riordan manufacturing CO. is a fortune 1000 organization that has a competitive advantage in the field of plastic injection molding. In order for Riordan Manufacturing to stay competitive in their industry, they have to stay up to date on the latest technology, new developments within the industry, and also...