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Title: Riordan Operations

Essay Details

Subject: Technology
Author: Alfred D
Date: January 19, 2015
Level:
Grade: B
Length: 2 / 512
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

After verification of shipment documents from the shipping supervisor, the materials are unloaded and inventoried in the factory. These shipment records are entered into the inventory database nightly and are updated for projected future shipment forecasts. Riordan’s supply chain management involves the integrated function within the sourcing, procurement, conversion and logistical management activities...

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It also includes coordination and collaboration with suppliers, intermediaries, third-party service providers and customers. Riordan also creates its own forecasting modules and negotiates contractors with their customers utilizing their own research and development department. With some divisions such as the heart valves, medical stents and complementary medical devices being more successfully predominant in their company with research and development due to the minimally small amounts of parts from inventory, they are able to successfully model their devices more so than their facility in Pontiac, Michigan which requires tool and die moldings for each customer project...

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