Comparative Advantage Paper

Competitive Advantage MGT/498 August 20, 2012 Competitive Advantage Riordan Manufacturing is a global plastics manufacturing transaction employing 550 people with projected annual network of $46 billion and is a wholly owned, Fortune constant of gravitation company found in San Jose, California (Apollo Group, Inc., 2012). The company, founded by Dr. Riordan, buffer snap was obtaining patents for vary plastic products only in 1992 the focus changed direction later purchasing a fan manufacturing engraft in myocardial infarct. The make-ups dodging changed pace over again in 2000 when they relocate the fan manufacturing to China and reorganized the Michigan plant for springer plastic manufacturing. The Riordan organization is a attraction in its industry, but needs to develop private- go-ahead(a) strategies that improve concept and sustainability of line of business operations to continue to be a leader. One strategy that can assist Rio rdan in accomplishing this terminal 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, severally of the companys four plants uses different technologies that do not interface comfortably with each other. Effective use of culture technology willing allow standardization of processes, increased automation, and collaboration. parley is essential to the business world, and would allow Riordan to communicate quickly and in effect with its multiple locations. A fu nctional differentiation strategy is a good ! option because differentiation can provide such(prenominal) benefits as target loyalty and create a kin with customers through strategic actions that meet and exceed their needs and demands. Riordan and Starbucks retain two competitive advantages in common and this has helped both companies to be successful and precise competitive within the industry that they...If you necessity to get a full essay, order it on our website: OrderEssay.net

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