Riordan’s manufacturing strategyOPS 571 w4 Supply chain papernew due sunday, only do highlighted part minimum 200 wordsDetermine Riordan’s manufacturing strategy (chase, level, or combination) and explain its benefitsCreate a process flow diagram for the electric fan supply chainSelect two metrics to evaluate performance of the electric fan supply chainDescribethe supplier relationship and the effects on the supply chain. As part of this consider the following:Type of relationshipSupplier location, size of company, and financial stabilityMetrics used to measure supplier performance (on-time delivery, defects, etc)Supplier improvement strategiesDescribehow lean production principles may be used to maximize the efficiency and effectiveness of the electric fan supply chain processSelecta business forecasting technique (qualitative or quantitative) for the electric fans and describe the forecasting process to be used at RiordanCreate a sales forecast for electric fans using selected techniquesDevelop Aggregate Production Plan, Master Schedule, and Materials Requirement Plans for electric fans based off the sales forecast. Be sure to include the following:The determination of inventory requirements of the electric fans component parts and finished goodsThe selection of an appropriate inventory system (fixed order quantity, two bin method, etc.) to meet inventory requirements
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