OPS/571 Supply Chain Design Paper
Analysis of supply chain structures and optimization strategies.
Julian Morgan
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Running head: SUPPLY CHAIN DESIGN PAPER 1
Supply Chain Design Paper
Name
OPS/571
Date
Instructor Name
Analyze Riordan Manufacturing's current supply chain design and strategies, including their
manufacturing approach, supplier relationships, and lean production principles. Discuss the
potential improvements that could be made to enhance operational efficiency, customer
satisfaction, and cost reduction. Additionally, evaluate the forecasting and production planning
methods Riordan could implement to optimize their operations. Include suggestions for an
aggregate production plan and inventory management system. Provide recommendations for how
Riordan could maintain its competitive edge in the global market. (Word count: 1500-1800
words)
Supply Chain Design Paper
Name
OPS/571
Date
Instructor Name
Analyze Riordan Manufacturing's current supply chain design and strategies, including their
manufacturing approach, supplier relationships, and lean production principles. Discuss the
potential improvements that could be made to enhance operational efficiency, customer
satisfaction, and cost reduction. Additionally, evaluate the forecasting and production planning
methods Riordan could implement to optimize their operations. Include suggestions for an
aggregate production plan and inventory management system. Provide recommendations for how
Riordan could maintain its competitive edge in the global market. (Word count: 1500-1800
words)
Running head: SUPPLY CHAIN DESIGN PAPER 2
Supply Chain Design Paper Team D
Riordan Manufacturing has come a long way in the last couple decades. A small firm in
1992 initially set up to license patents obtained by chemistry professor Dr. Riordan, Riordan
Manufacturing has grown into a billion dollar multinational manufacturing company (Riordan
Manufacturing, 2013). This paper will identify Riordan’s manufacturing strategies, illustrate the
current supply chain, describe and apply potential lean production principles, and use forecasting
tools to develop plans for production and schedules.
Manufacturing Strategy
Riordan Manufacturing’s intranet provided access to a number of documents and
spreadsheets detailing the current business and desired direction of the future growth of the
company. In 2005, the Finance & Accounting department of Riordan recorded the inventory on
September 30th. Table 1.1 below lists how many of each part made by Riordan is on hand.
Clearly, Riordan is operating with a Level manufacturing Strategy. In this pure strategy, Riordan
“employees will benefit from stable work hours at the costs of potentially decreased customer
service levels and increased inventory costs” (Jacobs & Chase, 2011, p. 566). Further evidence
of this strategy exists in Riordan’s 2004 Operating Budget identifying forecasted wages and
salaries
Supply Chain Design Paper Team D
Riordan Manufacturing has come a long way in the last couple decades. A small firm in
1992 initially set up to license patents obtained by chemistry professor Dr. Riordan, Riordan
Manufacturing has grown into a billion dollar multinational manufacturing company (Riordan
Manufacturing, 2013). This paper will identify Riordan’s manufacturing strategies, illustrate the
current supply chain, describe and apply potential lean production principles, and use forecasting
tools to develop plans for production and schedules.
Manufacturing Strategy
Riordan Manufacturing’s intranet provided access to a number of documents and
spreadsheets detailing the current business and desired direction of the future growth of the
company. In 2005, the Finance & Accounting department of Riordan recorded the inventory on
September 30th. Table 1.1 below lists how many of each part made by Riordan is on hand.
Clearly, Riordan is operating with a Level manufacturing Strategy. In this pure strategy, Riordan
“employees will benefit from stable work hours at the costs of potentially decreased customer
service levels and increased inventory costs” (Jacobs & Chase, 2011, p. 566). Further evidence
of this strategy exists in Riordan’s 2004 Operating Budget identifying forecasted wages and
salaries
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Document Details
University
University of Phoenix
Subject
Operations Management