Determine Riordan’s manufacturing strategy

Determine Riordan’s manufacturing strategy

OPS 571 w4 Supply chain paper

Determine Riordan’s manufacturing strategy (chase, level, or combination) and explain its benefits

  • Createa process flow diagram for the electric fan supply chain
  • Selecttwo 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
  • Createa sales forecast for electric fans using selected techniques
  • DevelopAggregate 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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