Organizational Issues and Trends
Essay specific features
June 13, 2015
No of pages / words:
10 / 2539
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Ultimately creating a proposal for system upgrades and improvements implemented for cost and time efficiency.
Riordan Manufacturing is a global manufacturer of various plastics with annual revenues of $46 million. The two year sales objective for annual revenues is to reach $50 million while maintaining the current cost structure...
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The incremental revenue will originate from new customers as well as by quickly responding to customer’s requirements and developing new products. Currently inventory assets exceed $7.8 million and are projected to grow as new products are developed. Managing the inventory cost and accuracy at four of the Riordan Manufacturing locations will not be feasible with the current inventory management process and systems...
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