Reviewthe Riordan Manufacturing Virtual Organization.
Writea paper of no more than 1,400-words that includes the following:
DetermineRiordan’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
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