OPS/571 Supply Chain Design Paper

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Running head:SUPPLYCHAINDESIGNPAPER1Supply Chain Design PaperNameOPS/571DateInstructor NameAnalyze Riordan Manufacturing's current supply chain design and strategies, including theirmanufacturing approach, supplier relationships, and lean production principles. Discuss thepotential improvements that could be made to enhance operational efficiency, customersatisfaction, and cost reduction. Additionally, evaluate the forecasting and production planningmethods Riordan could implement to optimize their operations. Include suggestions for anaggregate production plan and inventory management system. Provide recommendations for howRiordan could maintain its competitive edge in the global market. (Word count: 1500-1800words)

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Running head:SUPPLYCHAINDESIGNPAPER2Supply Chain Design Paper Team DRiordan Manufacturing has come a long way in the last couple decades. A small firm in1992 initially set up to license patents obtained by chemistry professor Dr. Riordan, RiordanManufacturing has grown into a billion dollar multinational manufacturing company (RiordanManufacturing, 2013).This paper will identify Riordan’s manufacturing strategies, illustrate thecurrent supply chain, describeand applypotential lean production principles, and use forecastingtools to develop plans for production and schedules.Manufacturing StrategyRiordan Manufacturing’s intranet providedaccess to a number of documents andspreadsheets detailing the current business and desired direction of the future growth of thecompany. In 2005, the Finance & Accounting department of Riordan recorded the inventory onSeptember 30th.Table 1.1 belowlists how many of each part made by Riordan is on hand.Clearly, Riordan is operating with a Level manufacturing Strategy. In this pure strategy, Riordan“employeeswillbenefit from stable work hours at the costs of potentially decreased customerservice levelsand increased inventory costs”(Jacobs & Chase, 2011, p. 566).Further evidenceof this strategy exists inRiordan’s 2004 Operating Budget identifying forecasted wages andsalariesbeing even throughout the year (Riordan Manufacturing, 2013).A review of Riordan’sinvoices from 2005 illustrates the potential opportunities to develop a mixed strategy that canbenefit some consistent product sales with some more volatile patterns in sales (RiordanManufacturing, 2013).

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Running head:SUPPLYCHAINDESIGNPAPER3Table1.1Riordan Performance MetricsMeasuring organizational performance is important to encourage higher levels ofachievement, effectiveness, and efficiency. The development of performance metricscenters on

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