Corporate Compliance Plan for Riordan

Submitted by: Submitted by

Views: 501

Words: 1061

Pages: 5

Category: Other Topics

Date Submitted: 04/01/2012 01:37 PM

Report This Essay

Corporate Compliance Plan for Riordan

Riordan has established itself as a world leading plastics manufacturer with business accounts ranging from the Department of Defense to beverage makers and bottlers. Spanning all across the world from Albany, Georgia to Hangzhou, China, Riordan strives to maintain long-term relationships, find innovative solutions and provide reasonable prices for their loyal customers. In this plan, officers as well as directors can be able to use this guide when dealing with legal responsibilities as well as follow a standard structure by the Committee of Sponsoring Organizations of the Treadway Commission or the COSO.

Some areas of addressed are alternative dispute resolutions, enterprise liability, product liability, tangible and intellectual property as well as legal forms of business and governance all while maintaining the companies present values and focus to bring sustainable growth. Keeping all this in mind, let us now discuss how Riordan achieved its reputation as being one of the Fortune 1000 companies.

Starting with the founder, Dr. Riordan, a professor who had a knack for turning polymers into high tensile strength plastic substrates started a company in 1991 named “Riordan Plastics, Inc.” What started out as simple research and development turned into a manufacturing company and then renamed in 1993 it to “Riordan Manufacturing, Inc.” In doing so, Dr. Riordan turned his experiments and research of plastic to multiple manufacturing plants across the United States. Expanding the company in 2000 to China took it to the next level, allowing renovation to the original plant to allow for manufacturing custom plastic parts.

The company believes that they are the leaders in the industry of plastics. In the same respect, Riordan Manufacturing applies the most innovative manufacturing disciplines such as Six Sigma and exceeds the highest quality standards like ISO 9000 to preserve their standing in the...