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Digby Debrief

Digby Debrief. Aaron Hardina Kayla Joiner Michelle Warzynski Tammy Grassel. Round 1 & Round 2. Round 1 New products Stock Round 2 Contribution margin 3 rd product . Round 3 & Round 4. Round 3 Emergency loan Loans AAA rating Round 4 Utilized our cash Forecasting.

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Digby Debrief

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Presentation Transcript

  1. Digby Debrief Aaron Hardina Kayla Joiner Michelle Warzynski Tammy Grassel

  2. Round 1 & Round 2 • Round 1 • New products • Stock • Round 2 • Contribution margin • 3rd product

  3. Round 3 & Round 4 • Round 3 • Emergency loan • Loans • AAA rating • Round 4 • Utilized our cash • Forecasting

  4. Round 5 – Round 7 • Round 5 • Cash on hand • Overproduced • Round 6 • ROS • Emergency Loan • Round 7 • Inventory

  5. Strategy • High tech • Produce high tech products • Fall into low tech • Phasing them out

  6. Living up to High Tech • Produce new products in high tech • Revise products into low tech • Revision date

  7. Emphasized in High Tech • Customer standards • Stay in High Tech • Others fell into Low Tech • Leading edge • Not revised so much

  8. Critical Rounds • Round 5 • Cumulative Profit • Two high tech products • Revision dates • Round 6 • Profit of $48,000 • Inventory • Emergency loan.

  9. 4 years from now • How well would we do • Shape of Company

  10. Future-R & D • Produce a new product • Focus on our strategy • High tech • TQM • Put most of the money into: • Concurrent Engineering • Quality function deployment effort • To lower R & D time

  11. Future-Marketing • Product Pricing • Segment • Price • Sales & Promo Budget • Accessibility • Awareness • Forecasting • Growth • Over estimating

  12. Future-Production • Add more automation • Sell off inventory and capacity • Add more hours to new employees training • Add more money to new employees training

  13. Future-Finance • Barrow the least amount on the loans • Issue more long-term debt • Give dividends later in the game

  14. What to change in 4 years • Sell out all capacity and inventory • High Tech products • Accessibility

  15. What we learned • How to forecast in 2 different ways • Customer Survey • Last Year market share • To issue long-term debt instead of barrowing

  16. More of what we learned • HR functions • Training Hours • Money spent • Revision date impact • Choices that we made

  17. Chance to play again • More products • Stay in High Tech • Don’t over forecast • More automation • More long-term debt rather then short-term

  18. Team Performance • Analyze • Needed better communication • Delegated sections among group members • Reviewed decisions as a team

  19. Team Performance • Communication • Meeting • Time • Had set up meeting times • Decision Making • Different opinions

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