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CASE SUMMARY

Information systems analysis (vermont teddy bear) group 3

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MBA Case - VTB

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  • 1. CASE SUMMARY

2. VERMONT TEDDY BEARS Teddy Bear Pajamas Calyx Flowers Valentines Day in Feb Mothers Day in May Christmas in December Web Mail Order Telephone Retail 3 Products 3 Peak Seasons4 Channels 3. Chronological Background 1981 Founded by John Satino, ranked no 21 in Inc Magazine 1990 Bear Gram Service 1993 17 mil $ in Revenue, Raised IPO for 10 mil $ 1997 - 1999 Make a Friend for Life, Retail Partner Zany Brainy. 2003 Acquired Calyx and Corolla 2005 Returned to Private Ownershi p 4. Cause Effect Diagram Incomplete documentation Best of Breed Approach Dissimilar software languages used Disruption in workflow Information Silos Lack of mandatory standards Separate Packages patched up haphazardly Lack of Prioritization Complicated Middleware Employee Layoffs 5. What the company needs? An efficient well organised enterprise IT architecture that serves as a robust platform for the company's changing business requirements, and support their long term strategic and operational goals. 6. Other Issues Problem Uneven Demand. Steps Taken Inducing Buy in during non peak times by Gift Bag Boutiques (Bundling) Offering Collectibles Complementary Accessories Sign Licensing Deals with TV and movie studios. 7. Taming the Middleware An expert team to recover missing information. Contemplating implementation of a single ERP. 8. QUESTIONS FACED BY CIO STETZEL Enhancing the Middleware or implementing a ERP package? How to achieve tangible results faster? Sub Questions: How do you ensure documentation for retaining information about implementation of different software's from employees? How do you identify and enhance the existing IT Architecture? How is middleware supporting front end applications? If you are choosing to enhance middleware, how do you allocate workforce to routine IT tasks and enhancements? 9. QUESTIONS FACED BY CEO GILBERT How do we address the changing demographics of the buyers? How do you match up to the competition? What new product varieties can be considered? How to improve analytics to enhance marketing? How to address the need for a robust content management system? Catering to the changing moods of the customer, possibly through bundling. 10. Possible Solutions Pros of Implementing ERP Increase in complexity of middleware with evolving business. Software Updates are easier to address for ERP. Proliferation costs are low Cons of implementing ERP Delayed benefits. Training employees during ERP implementation. High Cost Solution: Parallel implementation of ERP along with existing packages. Phased replacement of existing middleware system. 11. How to achieve these solutions? IT Strategy Planning. Commitment from the High Level Management. Change Management. Coordinating marketing, forecasting and production across production lines with better analytics. 12. THANK YOU