History of Riordan Manufacturing Riordan Manufacturer is a global producer of plastics. They operate in four locations, three in the United States and one plant in the People’s Republic of China. Riordan’s United States’ plastic products include beverage containers produced in Atlanta, Georgia and custom plastic parts in Pontiac, Michigan. The Hangzhou, China plant produces plastic fan parts and corporate headquarters is in San Jose, […]

Table of Contents Introduction The objective of this report is to provide Mr.. Paul Harvey, president with the detailed reasoning for the decisions recommended and also to figure out which products are losing money. As the company is operating in an oligopoly and has somewhat medium market share, setting our own prices is not an option. The giant Samara announces the prices for the products […]

Managerial finance focuses on theories and procedures in a firm’s management that will benefit its owner. There are many economic issues like the general change in economic condition that has increased the complexities and role of managerial finance function. This paper focuses on Riordan Manufacturing, Inc. A Strategic plan is a long-term plan that envisions the firm’s future plans for the next five to ten […]

Toyota Motor Manufacturing USA, Inc. , (TMM) is confronted with its rising problem with seat supply and one of the main culprits is the seat defects. Reflected in the decreasing run ratio; as a result there is a growing number of cars sitting off-line with defective seats or no seats at all requiring overtime to make up for the loss production. Another issue worth mentioning […]

“Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion”. (University of Phoenix, pg. 1, 2013) Riordan corporate headquarters is in San Jose, California. The company’s research and development is conducted here. A chemistry professor Dr. Riordan founded the […]

PLASWARE has three-tier energy management cell. The Energy Management Apex Group (EMAG) comprises of primarily the top management at plant. The Energy Representative of individual plant & Engineering discipline along with the representatives of Technology forms the Energy Management Core Group (EMCG). Energy Manager is heading this group. Energy Management Working Group (EMWG) is the initiative to involve shop floor people in the energy conservation. […]

The importance of mathematical skills is extremely evident in the field of manufacturing. In many cases, Jobs in manufacturing revolve around math and the skills that come along with It. Often the success of manufactured products depend on the correctness of several different fields of math that are used in the processes that take place in a plant. The financial success of a manufacturer can […]

In order to cope with the changing business environment, different companies are trying to consider changes in their management system by considering innovations in terms of the business processes. One of the organizations that seek improvement on their company operation is Riordan Manufacturing. Herein, the company aims to improve their inventory and manufacturing processes through specific systems change. This improvement is requested in order to […]

FACULTI OF MECHANICAL ENGINEERING UNIVERSITI MALAYSIA PAHANG BMM3643 (SEM II_2012-13) Assignment #1 1. a) What metals are frequently cast into products? b) What materials are used to produce the expendable patterns for investment casting? c) Explain why a casting may have to be subjected to various heat treatments. (8 marks) Answer a) Cast parts can range in size from a fraction of an inch and […]

The market place in today’s world has undergone revolutionary changes with respect to many factors such as competition, customer preferences, delivery locations, cost of production and lead time for new product development. These changes have affected the industrial manufacturing sector to adopt strategies that attempt to satisfy these changed needs. Lean and Agile are two manufacturing strategies applied in industrial sectors all over the world […]