Ops 571 week 4 team assignment supply chain design

Ops 571 week 4 team assignment supply chain design

onlinehomeworkexperts@gmail.comReview the Riordan Manufacturing Virtual Organization. 

Write a paper of no more than 1,400-words that includes the following: 

• Determine Riordan's manufacturing strategy (chase, level, or combination) and explain its benefits
• Create a process flow diagram for the electric fan supply chain
• Select two metrics to evaluate performance of the electric fan supply chain
• Describe the supplier relationship and the effects on the supply chain.  As part of this consider the following:
  • Type of relationship
  • Supplier location, size of company, and financial stability
  • Metrics used to measure supplier performance (on-time delivery, defects, etc)
  • Supplier improvement strategies 

• Describe how lean production principles may be used to maximize the efficiency and effectiveness of the electric fan supply chain process
• Select a business forecasting technique (qualitative or quantitative) for the electric fans and describe the forecasting process to be used at Riordan
• Create a sales forecast for electric fans using selected techniques
• Develop Aggregate Production Plan, Master Schedule, and Materials Requirement Plans for electric fans based off the sales forecast.

Be sure to include the following:

• The determination of inventory requirements of the electric fans component parts and finished goods
• The selection of an appropriate inventory system (fixed order quantity, two bin method, etc.) to meet inventory requirements

Click the Assignment Files tab to submit your assignment.

Begin working on the Week Six assignment. In Week Six, you propose and implement new process design and supply chain processes for the manufacturing of Riordan's electric fans.

Preview of solution:
Supply Chain Design
Riordan Manufacturing is a global plastics manufacturer. They have three main facilities in Georgia, Michigan and Hangzhou, China. They are a subsidiary of Riordan Industries. This paper will focus on all aspects of the manufacturing process of electric fans in China. Along with the supplier relations, lean production, forecasting and inventory.
Manufacturing Strategy
Riordan uses a level manufacturing strategy. The benefits of using a level strategy is the ability “to maintain a stable workforce working at a constant output rate. Shortages and surpluses are absorbed by fluctuating inventory levels, order backlogs, and lost sales. Employees benefit from stable work hours” (Jacobs & Chase, 2011). Riordan uses the level strategy because they produce fans based on the average sales of the last three years. They believe that the future will repeat the past with minor changes needed. Riordan could look at using level and chase strategy to lower the labor costs and make the plant more efficient for the make to stock operation they have.

Supply Chain Flow Chart

 Suppliers                               Manufacturers          Warehousing             Distribution
Local Chinese Co.                   China                           China                           China
(motor)
 Metrics and Supplier Relations
Riordan keeps down production because they buy electric motors for fans of a company from the outside. Then assemble the product in China, where labor costs are low and production. The company might consider outsourcing the product and the purchase of the final product of a third in China. The current supplier of the electric motor is a local Chinese company. Suppliers in a bygone era in delivery only average 93%. This is another reason to outsource Riordan electric fans because it is not a motor-time delivery of 100% and the company does not take more than a few engines on hand.
Lean Manufacturing
"Lean production is an integrated set of activities designed to achieve high-volume production using minimum stocks of raw materials, work in process and finished goods" (Chase, 2006). The fundamental purpose of lean production to minimize waste during the production process; including with less time, space and human capital, while the production of products at minimal cost. Fans are currently produced abroad in China, which means that these fans produced in an environment that integrates the major components of lean production: less time, space, work and money. Riordan advantages of using the principles of lean manufacturing advantages due to its ability to control production and, in time, money and space when you look at the supply chain for the electric fan, Riordan currently uses the "Make a warehouse" model of lean production . This will maximize the efficiency and effectiveness in fulfilling customer orders as received from finished goods inventory and allow Riordans adapt to seasonal changes rapidly.

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