Riordan’s manufacturing strategy

Riordan’s manufacturing strategy

OPS 571 w4 Supply chain paper

new due sunday, only do highlighted part minimum 200 words

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
  • Describethe 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
  • Describehow lean production principles may be used to maximize the efficiency and effectiveness of the electric fan supply chain process
  • Selecta 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

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