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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.
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