Competitive Advantage MGT/498 August 20, 2012 Competitive Advantage Riordan Manufacturing is a global plastics manufacturing transaction employing 550 people with projected annual gelt of $46 billion and is a wholly owned, Fortune k company found in San Jose, California (Apollo Group, Inc., 2012). The company, founded by Dr. Riordan, authoritative commission was obtaining patents for vary plastic products only in 1992 the focus changed direction later purchasing a fan manufacturing comprise in cabbage. The make-ups dodging changed pace once more in 2000 when they relocate the fan manufacturing to China and reorganized the Michigan plant for springer plastic manufacturing. The Riordan organization is a attractor in its industry, but needs to develop private- endeavor(a) strategies that improve renewing and sustainability of line of business operations to continue to be a leader. One strategy that can assist Riordan in accomplishing th is last is implementing a usable differentiation strategy based on the unique and forward-looking designs of its products. Developing and implementing cross-functional process control and enterprise collaboration cultivation systems can also accomplish this goal.
Currently, separately of the companys four plants uses different technologies that do non interface comfortably with each other. Effective use of information technology willing allow standardization of processes, increased automation, and collaboration. communion is essential to the business world, and would allow Riordan to communicate quickly and effectively with its multiple l! ocations. A functional differentiation strategy is a good option because differentiation can provide such benefits as target loyalty and create a kind with customers through strategic actions that meet and exceed their needs and demands. Riordan and Starbucks devote two competitive advantages in common and this has helped both companies to be successful and precise competitive within the industry that they...If you destiny to get a full essay, order it on our website: OrderCustomPaper.com
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