Review the Riordan Manufacturing Virtual Organization. Write a paper that includes the following: Determine Riordan's manufacturing strategy
Question:
Review the Riordan Manufacturing Virtual Organization. Write a paper that includes the following:
Determine Riordan's manufacturing strategy (chase, level, or a combination) and explain its benefits. Create a process flow diagram for the electric fan supply chain select two metrics to evaluate the 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 the 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.
Cost Accounting Foundations and Evolutions
ISBN: 978-1111626822
8th Edition
Authors: Michael R. Kinney, Cecily A. Raiborn