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Describe the supplier relationship and the effects on the supply chain.

  • Describe the supplier relationship and the effects on the supply chain.  As part of this consider the following:
    • Type of relationship
    • Supplier location, size of company, and financial stability
    • Metrics used to measure supplier performance (on-time delivery, defects, etc)
    • Supplier improvement strategies
  • Describe how lean production principles may be used to maximize the efficiency and effectiveness of the electric fan supply chain process
  • Select a business forecasting technique (qualitative or quantitative) for the electric fans and describe the forecasting process to be used at Riordan
  • Create a sales forecast for electric fans using selected techniques
  • Develop 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 goods
    • The selection of an appropriate inventory system (fixed order quantity, two bin method, etc.) to meet inventory requirements
    • APA Format

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