Production Plan for Riordan Manufacturing
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- Date Submitted: 02/24/2012 11:02 AM
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Production plan for Riordan manufacturing
Team C illustrates a production plan for Riordan Manufacturing, focusing on the supply chain, lean production, and capacity planning for electric fans in Hangzhou, China. Duris (1997) suggests, “Even if you have the most fully functioning package the system still needs to be very intentional, deliberate, well thought-out, risk-adverse, measurable, safe, controlled, gradual, and guaranteed to work” (p. 93). Focusing on these manufacturing characteristics allows a company to react to almost all problems that may occur in the production plan. Team C shows the development of this plan that contributes to the success of this international project.
Logistics of the supply chain
According to the Council of Supply Chain Management Professionals, “Logistics management is that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverses flow, and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customers' requirements” ("Cscmp supply chain," 2011) Riordan Manufacturing's China plant is a subunit of Riordan Manufacturing that forecasts the sales of electric fans, and distributes them around the world. The electric motors are purchased from a local Chinese company and are used to complete the assembly units. The main branch of Riordan maintains adequate supplies of electric motors in stock, but storing this item at the China plant would need some improvement. The main branch buyer also purchases the plastic polymers locally.
One supply issue is with periodic orders for electric fans, which are received randomly throughout the year. Such unplanned orders make it hard for the China plant to know how much material in the short term period will be necessary to support production, because the orders are accounted for randomly and for different quantities. To ensure that the China plant...
Team C illustrates a production plan for Riordan Manufacturing, focusing on the supply chain, lean production, and capacity planning for electric fans in Hangzhou, China. Duris (1997) suggests, “Even if you have the most fully functioning package the system still needs to be very intentional, deliberate, well thought-out, risk-adverse, measurable, safe, controlled, gradual, and guaranteed to work” (p. 93). Focusing on these manufacturing characteristics allows a company to react to almost all problems that may occur in the production plan. Team C shows the development of this plan that contributes to the success of this international project.
Logistics of the supply chain
According to the Council of Supply Chain Management Professionals, “Logistics management is that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverses flow, and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customers' requirements” ("Cscmp supply chain," 2011) Riordan Manufacturing's China plant is a subunit of Riordan Manufacturing that forecasts the sales of electric fans, and distributes them around the world. The electric motors are purchased from a local Chinese company and are used to complete the assembly units. The main branch of Riordan maintains adequate supplies of electric motors in stock, but storing this item at the China plant would need some improvement. The main branch buyer also purchases the plastic polymers locally.
One supply issue is with periodic orders for electric fans, which are received randomly throughout the year. Such unplanned orders make it hard for the China plant to know how much material in the short term period will be necessary to support production, because the orders are accounted for randomly and for different quantities. To ensure that the China plant...