420-AT1-UM – Introduction to Business Analysis – CASE STUDY<\/p>\n
Saturday, July 13, 2019<\/p>\n
Background:<\/p>\n
Jennifer Furniture Inc company was founded by Eric Smith and named it after his daughter 30 years ago.<\/p>\n
The company started manufacturing custom, hand-crafted wooden antique furniture. It was Mr. Smith’s<\/p>\n
dream since a child when he started working with his hands to create different miniature Christmas<\/p>\n
ornaments, moved to wooden toys and eventually to his family wooden kitchen table and chairs by the<\/p>\n
age of 16. He was off to college and university to obtain his education and received his Bachelors in<\/p>\n
Economics. He got a job as an Economic analyst in a big company where he met his wide. When the first<\/p>\n
child was coming, he realized that his passion also came back and created his daughter’s room furniture.<\/p>\n
From that moment he and his wife agreed to start looking into making his dream come true: create top<\/p>\n
quality furniture that will last forever. And the dream finally had a destination …<\/p>\n
Present Situation<\/p>\n
Jennifer Furniture Inc company provides superior solid wood furniture and its reputation over the last<\/p>\n
three decades ensured excellence in every step of the customer’s purchasing experience. Their product<\/p>\n
lines increased from tables, chairs and bedrooms sets to include cupboards, desks, chests and trunks,<\/p>\n
stools and benches. They now have two manufacturing plants and over 250 employees under their<\/p>\n
umbrella.<\/p>\n
Each plant has its own Plant Manager and Supervisor and their own warehouse storing materials, parts<\/p>\n
and finished goods. The warehouse managers (Mr. Philips and Mr. Larry have been in the company for<\/p>\n
20 years) ensure the proper storage of all materials and finished goods and is also responsible for the<\/p>\n
planning of transporting the goods to the end customer.<\/p>\n
The Production Planner\/Supervisor Mr. Jones is responsible to schedule the productions runs by<\/p>\n
scheduling the proper resources, equipment required and parts required in order to avoid delays and<\/p>\n
improve work force productivity. He has been with the company for almost 20 years and he likes doing<\/p>\n
things the old-school way.<\/p>\n
The company has a central Human Resources, Purchasing, Customer Sales, Accounting, Legal and<\/p>\n
Information Technology departments at the head quarters.<\/p>\n
Although the company is still growing its sales levels, Executive management recently requested a full<\/p>\n
audit and some of the results on inventory and financials were disturbing:<\/p>\n
\uf0b7 For the last 2 years the company has not actually met the forecasted sales demand, which<\/p>\n
resulted on customer orders being delayed. Their stock inventory seems to be depleted faster<\/p>\n
than the customers orders committed dates, which makes no sense. Production is at full<\/p>\n
throttle with currently 3 shifts working and having a 24-hour production line and yet still orders<\/p>\n
are being delayed.<\/p>\n
\uf0b7 Another finding was that some of the suppliers have changed the quality of wood which<\/p>\n
resulted to an increase on customer complaints and returns.<\/p>\n
\uf0b7 Financial statements of last year were misstated. It seems that the Balance Sheet has been<\/p>\n
understating the Accounts Receivable which skews the accounts in the Balance Sheet in favor of<\/p>\n
non-liquid assets<\/p>\n
Page # 1<\/p>\n
420-AT1-UM – Introduction to Business Analysis – CASE STUDY<\/p>\n
Saturday, July 13, 2019<\/p>\n
Organizational Chart:<\/p>\n
Today:<\/p>\n
Jennifer was very upset with the findings of the overall audit. She started in the family business right<\/p>\n
after university holding positions from the bottom and moving up quickly as she wanted to learn all the<\/p>\n
aspects of the business and contribute to its growth. But last month her father promoted her to the<\/p>\n
new CFO of the company when the last one retired. And the responsibilities of course quadrupled.<\/p>\n
She really needs to step back and take the time to review the business as whole, but she never seems to<\/p>\n
have the time. Now with the audit results in front of her, she knows she needs to do something.<\/p>\n
She called an executive management meeting to discuss the results of the audit.<\/p>\n
Page # 2<\/p>\n
420-AT1-UM – Introduction to Business Analysis – CASE STUDY<\/p>\n
Saturday, July 13, 2019<\/p>\n
Executive Management Meeting:<\/p>\n
The VP of Sales & Marketing requested a mandate to re-train all of his Customer Representatives to the<\/p>\n
existing product lines specifications (e.g. wood type, dimensions, colour scheme, styles e.t.c.) but he was<\/p>\n
extremely unwavering that his people are following the right processes when placing an order and when<\/p>\n
they are committed to a delivery date.<\/p>\n
The VP of Inventory and Logistics department was extremely surprised to hear from the CFO that orders<\/p>\n
are not fulfilled on time due to inventory shortage especially for items such as Tables & chairs and desks<\/p>\n
which are the most popular items and the sales have been increasing steadily for the last 15 years by 5%<\/p>\n
per year. He had put in place the proper minimum inventory “On Hand” level in order for this not too<\/p>\n
happen. His first action is to request a Physical inventory count in both warehouses.<\/p>\n
The Director of Purchasing insists that their vendors are continuing providing them with top quality raw<\/p>\n
materials and that the customer complaints are due to misinformation provided by the Customers Sales<\/p>\n
department.<\/p>\n
The VP of Manufacturing is extremely pleased with his department and his employees. All of his<\/p>\n
employees are very dedicated and meticulous on following processes and producing top quality end<\/p>\n
products. The process of using the Product Information Slip (PIS) throughout the Product Life cycle is<\/p>\n
deemed essential as it lists all the raw materials used, the activities and hours occurred as well as<\/p>\n
confirming quality inspection and Readiness for Packing and Shipping.<\/p>\n
Page # 3<\/p>\n
420-AT1-UM – Introduction to Business Analysis – CASE STUDY<\/p>\n
Saturday, July 13, 2019<\/p>\n
Intro to Business Analysis Assignments:<\/p>\n
Assignment # 1:<\/p>\n
1. What could be the company’s Vision and Goals?<\/p>\n
2. What could be the company’s long term strategy?<\/p>\n
3. Identify some of the business requirements that you need to analyze further.<\/p>\n
4. Who could be some of the business analysts that could work on a project ( help with nursing paper writing from experts with MSN & DNP degrees) as SME and what<\/p>\n
would there be their role?<\/p>\n
Page # 4<\/p>\n
420-AT1-UM – Introduction to Business Analysis – CASE STUDY<\/p>\n
Saturday, July 13, 2019<\/p>\n
Assignment # 2:<\/p>\n
1. Who could be some of the stakeholders in this case study? What would be there role?<\/p>\n
2. Describe the BACCM for this case study: Deliver Value from a Solution to a Need of a<\/p>\n
Stakeholder in a Context of a Change:<\/p>\n
Assignment # 3 (Final Document):<\/p>\n
Produce a Business Case in one page based on the class material and readings for this specific case<\/p>\n
study.<\/p>\n","protected":false},"excerpt":{"rendered":"
420-AT1-UM – Introduction to Business Analysis – CASE STUDY Saturday, July 13, 2019 Background: Jennifer Furniture Inc company was founded by Eric Smith and named\u2026<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7643,7642,7645,7644],"tags":[7678,8989,8988,7387,633,8991,630,8987,8994,8467,15,8990,7656,7571,8993,66,8992],"class_list":["post-103967","post","type-post","status-publish","format-standard","hentry","category-custom-same-day-essays","category-custom-writings-writers","category-do-my-essay-mla-format","category-write-my-paper-hub-writers","tag-best-custom-paper-writing-service","tag-best-online-paper-writing-service","tag-best-paper-writing-service","tag-best-research-paper-writing-services","tag-cheap-research-paper-writing-service","tag-cheapest-paper-writing-service","tag-college-paper-writing-service","tag-free-paper-writing-service","tag-free-term-paper-writing-service","tag-paper-writing-service","tag-paper-writing-service-reddit","tag-professional-paper-writing-service","tag-someone-to-write-my-paper","tag-websites-that-write-papers-for-you","tag-what-is-the-best-paper-writing-service","tag-write-my-paper","tag-write-my-paper-for-me-free"],"_links":{"self":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/103967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/comments?post=103967"}],"version-history":[{"count":0,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/103967\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/media?parent=103967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/categories?post=103967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/tags?post=103967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}