Riordan Manufacturing Example Argumentative Essay Example
Employee motivation and retention are significant concerns for Riordan Manufacturing. The company is facing issues with its human resources processes, which hinder employee empowerment and result in imbalanced profits and decreased sales. It is crucial for the human resources department to address these concerns promptly as they directly impact the company's business strategy, ensuring future growth.
The main challenges hindering effective human capital management at Riordan Manufacturing include employee demotivation, a high turnover rate in key areas, below-average pay levels, and a lack of structure in the performance review process. To address these issues, Riordan Manufacturing can implement a coaching and feedback system, establish career development programs, and update its pay-for-performance reward systems.
Riordan Manufacturing made its international debut in 2000 by expanding operations to China. This expansion led to the relocation of the fan manuf
...acturing facility from MI to China, while the MI plant was retooled to specialize in plastic part design. Currently, Riordan Manufacturing produces plastic beverage containers in Albany GA, provides custom plastic manufacturing services in Pontiac MI, and manufactures plastic fan parts in Hangzhou China. The company's Research and Development efforts are centralized at its corporate headquarters in San Jose, CA.
The majority of Riordan's customers include automotive parts manufacturers, beverage makers and bottlers, appliance manufacturers, aircraft manufacturers, and several high-level government contracts. In order to ensure that the sales team is performing to their maximum potential and help Riordan reach its two-year revenue goal, it is important to address some internal efficiency issues. Currently, there are discrepancies in Riordan's financial and accounting systems.
The use of outdated work processes in the inventory, purchasing, and shipping divisions, along with the
requirement to merge customer information and sales data, will impede Riordan's objectives. Despite its national and international expansion, Riordan Manufacturing has not upgraded to a more advanced computer system that would enhance communication and data storage capabilities. Upgrading to such a system would also result in improved efficiencies across the sales, inventory, and shipping divisions.
Team B recommends that Riordan Manufacturing implements an Inventory Tracking System for Manufacturing and Distribution to meet the increasing need for up-to-date data. They also propose updating the computer system to improve efficiency and accessibility. Currently, inventory management relies on manual methods, causing delays in data updates, making organization visible only on the following day or later. Manual data input can result in human errors regarding inventory stocking levels. Addressing these issues is crucial for better management and preventing potential problems.
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