Case Study Analysis Oultine 2015 Foldrit
Title of Case
Author of Case (the person(s) who wrote the case)
I. CASE PROTAGONIST
Name, position, and title of protagonist – Jose Ramos, VP of Manufacturing
Name of company. Nature of company – FoldRite Furniture Co.
Educational and professional background of protagonist.
II. RELAVANT FACTS (these subheadings are specific to FoldRite)
a. Economic Environment – Although in a deep recession, FoldRite is experiencing a welcomed yet unexpected demand for their products.
b. Company History – FoldRite was founded in 1987 and at that time only offered folding banquet tables. This product was light yet durable and was the base for their expansion into similar products. Soon after this FoldRite released foldable tables and stackable chairs. The company continues to grow throughout the 90s and peaked in 2006 when revenue reached 60.3M. At this time FoldRite was the leading company in their industry. After 2006 however, FoldRite started into a decline. Lead-time increased drastically and the reliability of the delivers dropped significantly. After the fact, the company decided that this drop in form was due to inexperience. After 2007 a group of investors came in and revamped the company bringing in new experienced members of management. This proved a necessary change as the company has been on the rise since then.
c. Case Focus - No more than two sentences describing what type of issue(s) the protagonist needs to address and why. – The new problem that FoldRite is facing is the increased demand for their product. Their current operations will not be able to support this need and a strategy is needed in order to meet this demand.
III. ANALYSIS – identify criteria for making decisions. Place criteria in subheadings:
a. Financial – It is more expensive to hire new employees with training.
b. Strategic – It is a short term thought to solve the immediate problem.
c. Risks – If the forecasted is not accurate then the overtime payment is for nothing. IV.
Author of Case (the person(s) who wrote the case)
I. CASE PROTAGONIST
Name, position, and title of protagonist – Jose Ramos, VP of Manufacturing
Name of company. Nature of company – FoldRite Furniture Co.
Educational and professional background of protagonist.
II. RELAVANT FACTS (these subheadings are specific to FoldRite)
a. Economic Environment – Although in a deep recession, FoldRite is experiencing a welcomed yet unexpected demand for their products.
b. Company History – FoldRite was founded in 1987 and at that time only offered folding banquet tables. This product was light yet durable and was the base for their expansion into similar products. Soon after this FoldRite released foldable tables and stackable chairs. The company continues to grow throughout the 90s and peaked in 2006 when revenue reached 60.3M. At this time FoldRite was the leading company in their industry. After 2006 however, FoldRite started into a decline. Lead-time increased drastically and the reliability of the delivers dropped significantly. After the fact, the company decided that this drop in form was due to inexperience. After 2007 a group of investors came in and revamped the company bringing in new experienced members of management. This proved a necessary change as the company has been on the rise since then.
c. Case Focus - No more than two sentences describing what type of issue(s) the protagonist needs to address and why. – The new problem that FoldRite is facing is the increased demand for their product. Their current operations will not be able to support this need and a strategy is needed in order to meet this demand.
III. ANALYSIS – identify criteria for making decisions. Place criteria in subheadings:
a. Financial – It is more expensive to hire new employees with training.
b. Strategic – It is a short term thought to solve the immediate problem.
c. Risks – If the forecasted is not accurate then the overtime payment is for nothing. IV.