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FERRIS DEBREIFING

FERRIS DEBREIFING. Stephanie Bohm Jessica Burris Eileen Kuchera Christine Wefel Jason Windorski. REVIEW. Continued. PERFORMANCE ANALYSIS. MARKET SEGMENT. Competitors stocked out, allowing us to sell more of our product. CRITICAL ROUNDS. Round 4 Material Cost reduction: 5.86%

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FERRIS DEBREIFING

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  1. FERRIS DEBREIFING Stephanie Bohm Jessica Burris Eileen Kuchera Christine Wefel Jason Windorski

  2. REVIEW

  3. Continued

  4. PERFORMANCE ANALYSIS

  5. MARKET SEGMENT Competitors stocked out, allowing us to sell more of our product

  6. CRITICAL ROUNDS Round 4 • Material Cost reduction: 5.86% • Labor Cost reduction: 7.22% • R&D Cycle time reduction: 30.30% • Administrative Cost reduction: 47.54% • Demand increase: 7.69% Round 6 • Material Cost reduction: 11.08% • Labor Cost reduction: 13.29% • R&D Cycle time reduction: 40.01% • Administrative Cost reduction: 60.02% • Demand increase: 13.78%

  7. WHAT WE HAVE LEARNED • The importance of working as a team rather than working as individuals • Everyone’s input is important whether we disagree or not • Researching any decision is a pertinent step in any business decision • Every decision made had an effect on other decisions • How to analyze various accounting reports (income statement, cash flow, balance sheet)

  8. PROJECTION AND AREA STRENGTHS

  9. Research & Development

  10. Market Share

  11. Production and Profit

  12. Finance

  13. What would we do differently? • Greater Contribution Margin • Reduce Costs • Increase Selling Prices

  14. Strengths Weaknesses • Team decisions • Product met ideal guidelines • Specialization • Specific meeting times • Individual decisions during practice rounds • Investment practices Team Performance

  15. Team Atmosphere • Specific meeting times • Utilization of special expertise from all members • Review of reports together

  16. References • All graphs and charts are from Capsim Management Simulations Inc. (2010). Foundation. Retrieved May 2, 2010, from Capsim website: http://www.capsim.com/menuApp/studentMain.cfm

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