Compliance Plan For Riordan Inc. Essay

Running head: COMPLIANCE BUSINESS PLAN FOR RIORDAN MANUFACTURING

Compliance Business Plan for Riordan Manufacturing Inc.

                                  Business Law
                                  Alfred Fenzel
University of Phoenix

Compliance Business Plan for Riordan Manufacturing Inc.
          I – Company Overview:
          Riordan Manufacturing Inc. is a global plastic manufacturer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a fortune 1000 enterprise with revenues in excess of $ 1 million.
          It is products include plastic beverage containers produced at its plant in Albany, Georgia, custom plastic parts produced at its plant in Pontiac, Michigan and plastic fan parts produced at its facilities in Hangzhou, China. The company’s research and development is done at the corporate headquarters in San Jose. Riordan’s major customers are automotive parts manufacturers, aircraft manufacturers, the department of defense, beverage makers and bottles, and appliance manufacturers.
          The mission for the company is to exceed the ISO 9000 standards, they also want to increase a long- term relationship with customers not just being a part of customer challenges, become a social responsible company. About the employees, the company also is looking for well trained employees providing a climate focusing on long term viability of the company.
          II – Compliance Plan Overview
          As a corporation Riordan has some legal issues that need to be fixed and join some efforts of a board of directors that will help the company to achieve the goals. They have some goals to meet: improve employee satisfaction 15%, lean manufacturing process to obtain a 10% reduction operating expenses, but have no measure action and monitoring to process those goals. Riordan is a profit corporation and need to be in accordance with the Model Business...