Riordan Manufacturing
Running Head: PROBLEM SOLUTION: RIORDAN MANUFACTURING
Problem Solution: Riordan Manufacturing
Problem Solution: Riordan Manufacturing
Riordan Manufacturing a fortune 1000 enterprise company was founded in 1991 by Dr. Riordan who was a well known chemist. Riordan initially a research and development company was interested in licensing his patent. The company main focus was on processing polymers into high tensile strength plastic substrates.
The company has done some major purchases such as in 1992 when Riordan purchased a fan manufacturing plant in Pontiac, MI, then in 1993 the company acquired a manufacturing plant in Albany, GA and finally in 2000 when it opened it operations in China. Once the purchase was made the entire fan operations was moved to china.
The company has seen some declining sales and uneven profits over the past two years. Because of the position that the company has taken the company has had to adopt a customer relationship management......
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Approximate Word Count: 2089
Approximate Pages: 9 (250 words per double-spaced page)
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