Problem Definition: Riordan Manufacturing Riordan Manufacturing is a well-established global plastics producer employing 550 individuals and projected annual earnings of $46 million (University of Phoenix, 2005). The purpose of this paper is to provide a summary of the business situation. This summary will identify challenges and opportunities, business goals, and potential problems preventing the successful realization of these goals. The process used to identify the above is the nine-step Problem Solving Approach supported by UOP. Only the first three steps will initially be detailed. These steps describe the scenario, establish end state goals, and frame potential problems. Situation Background As a global plastics producer, Riordan Manufacturing employs 550 individuals. The business has projected annual earnings of $46 million (University of Phoenix, 2005). The company is a division of Riordan Industries, a Fortune 1000 enterprise. Riordan Mfg. has production divided among three plants. Plastic beverage containers are produced in Albany, Georgia. Custom plastic parts are manu......

Word Count: 1291
Page Count: 5.1 (250 words a page / double spaced)

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