Stable workforce strategy for riordans electric fan products

Assignment Help Strategic Management
Reference no: EM13922621

Riordan Manufacturing is a large plastic manufacturer that operates nationally and has revenues in excess of $1 billion dollars. The organization has a rich history of profitability and looks to build strong long-term relationships with clients. Founded by Dr. Riordan in 1991, the company has expanded since its inception and puts and emphasis on quality, employees, and seekshealthy growth in the future by maintaining strong financials.

At the China plant,Riordan uses a combination of stable workforce and chase strategy to manage manufacturing for its electric fan products. The stable workforce strategy is used for Riordan's electric fan products, excluding the customizable fans. The stable workforce strategy varies the output by varying the numberof hours worked through flexible work schedules or overtime (Jacobs and Chase, 2011).Using this strategy on-time delivery has averaged only 93% over the last year. This strategy does have many benefits including employee morale. People who work together for long periods of time get to know each other, and a workplace with no paranoia about layoffs and job loss is a much more pleasant place in which to work (Xaxx& Media, 2014). Riordan also has customizable fan products where customers call in and dictate the order.

Reference no: EM13922621

Questions Cloud

Contracts, legal reasoning, or employment law : Reflect for a moment on your ideas prior to taking this class about contracts, legal reasoning, or employment law. Has your understanding of these subjects changed or have your prior beliefs about these issues been confirmed? Will concepts learned..
Point-of-sale and inventory tracking : The point-of-sale, or POS, and inventory tracking systems for hospitality organizations integrate with the other information systems such as accounting and operations information systems
Write a communication plan outline : Write a Communication Plan Outline, Submit an outline of your Crisis Communication Plan. The Crisis Communication Plan can be for an organization of your choice and should, at a minimum, cover the elements discussed in Chapter 8 of the Walaski te..
United states laws that prevent an employer : Peter owns an auto dealership. Peter hires Cara as a receptionist, Ben as a salesperson, Stacy as a mechanic, and the "Clean as a Whistle Co." to come in at night and clean the premises. Which situation is LEAST likely to result in liability for ..
Stable workforce strategy for riordans electric fan products : At the China plant,Riordan uses a combination of stable workforce and chase strategy to manage manufacturing for its electric fan products. The stable workforce strategy is used for Riordan's electric fan products, excluding the customizable fans
Conduct an in-depth comparative analysis of each firm. : Mergers and monopolies can limit the choices offered to consumers because smaller businesses are not usually able to compete.
Which sections of state nurse practice act did nurse violate : How should the nursing profession respond to this frightening new legal threat? Which sections of the State Nurse Practice Act did the nurses violate
Real, intellectual, and personal property : Real, Intellectual, and Personal Property. List two characteristics each of real, intellectual, and personal property. Do owners of real, intellectual, and personal property each have the same rights under the law? List how each type of property i..
Snowman at night by caralyn buehner : The lesson plan I have created is for a 1st grade class. The Read-Aloud text was "Snowman at Night" by Caralyn Buehner. The Anchor Standard wasCCSS.ELA-Literacy.

Reviews

Write a Review

Strategic Management Questions & Answers

  Make a study on strategy development

Make a study on Strategy Development

  Learning curve equation

Learning curve equation

  Improve shipment productivity

Consider Shipment productivity. Think of one way that you could improve shipment productivity and explain.

  Analyse the ethical dilemma

Identify a recent (within the last six (6) months) ethical dilemma or ethically questionable situation relating to ICT that you are familiar with. This situation can be either in the media or through your workplace.

  Structural placement of the it function

The structural placement of the IT function within an organization and the philosophical approach to the development, deployment, and use of IT. Using the library and outside searches, research and compose a 1 page essay on the role of IT within an..

  Would it change the ceos decision

The new sources, located in another city, has an average lead time of 6 weeks and a standard deviation of 4 weeks. The new source would also require a minimum batch size of 8000 bearings.

  Conduct a comprehensive external environmental scan of your

conduct a comprehensive external environmental scan of your business unit including a five forces analysis to identify

  Strategic managerial communications

Strategic Managerial Communications

  Maximum value for our stakeholders

Our mission is to responsibly provide quality products and services through innovation, learning and operational excellence while sustaining maximum value for our stakeholders

  Identifies a potential target market for tescos future

using tesco plc www.tesco.com as a case study prepare a report of no more than 2500 words thatbull identifies a

  The benefits of improved disclosure

Do the benefits of improved disclosure justify the additional disclosure costs? Who gains the most benefit from these disclosures?

  Process of change used by your case organisation

Review critically the process of change used by your case organisation and demonstrate you understanding of different change strategies through reviewing the case; identifying an alternative model, applying and evaluating it.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd