Vermont Teddy Bear

In: Business and Management

Submitted By apaul44
Words 27376
Pages 110
Approaches to Process Performance
Modeling: A Summary from the SEI
Series of Workshops on CMMI High
Maturity Measurement and Analysis
Robert W. Stoddard II
Dennis R. Goldenson
January 2010
TECHNICAL REPORT
CMU/SEI-2009-TR-021
ESC-TR-2009-021
Software Engineering Measurement and Analysis
Unlimited distribution subject to the copyright.

http://www.sei.cmu.edu

This report was prepared for the
SEI Administrative Agent
ESC/XPK
5 Eglin Street
Hanscom AFB, MA 01731-2100
The ideas and findings in this report should not be construed as an official DoD position. It is published in the interest of scientific and technical information exchange.
This work is sponsored by the U.S. Department of Defense. The Software Engineering Institute is a federally funded research and development center sponsored by the U.S. Department of Defense.
Copyright 2010 Carnegie Mellon University.
NO WARRANTY
THIS CARNEGIE MELLON UNIVERSITY AND SOFTWARE ENGINEERING INSTITUTE MATERIAL
IS FURNISHED ON AN "AS-IS" BASIS. CARNEGIE MELLON UNIVERSITY MAKES NO
WARRANTIES OF ANY KIND, EITHER EXPRESSED OR IMPLIED, AS TO ANY MATTER
INCLUDING, BUT NOT LIMITED TO, WARRANTY OF FITNESS FOR PURPOSE OR
MERCHANTABILITY, EXCLUSIVITY, OR RESULTS OBTAINED FROM USE OF THE MATERIAL.
CARNEGIE MELLON UNIVERSITY DOES NOT MAKE ANY WARRANTY OF ANY KIND WITH
RESPECT TO FREEDOM FROM PATENT, TRADEMARK, OR COPYRIGHT INFRINGEMENT.
Use of any trademarks in this report is not intended in any way to infringe on the rights of the trademark holder. Internal use. Permission to reproduce this document and to prepare derivative works from this document for internal use is granted, provided the copyright and "No Warranty" statements are included with all reproductions and derivative works.
External use. This document may be reproduced in its entirety, without modification, and freely distributed in…...

Similar Documents

Teddy Pendergrass

...Howard Hewett, Al Green, Peabo Bryson, and many other balladeers were all famous for wooing females on stage. But, there was only one who could hold an all-female only concert; Theodore Pendergrass. The world came to know him as, Teddy Pendergrass or more affectionately “Teddy Bear”. He first became popular when singing with Harold Melvin and the Blue Notes in the 70’s. He was badly injured in an automobile accident and paralyzed from waist down. He lived 25 years after his injury; which is not normally consistent with an injury of this type. He later died of complications of a colon cancer surgery. I would like to discuss his triumphs of accusations of drug abuse, struggling to become an international artist, and dealing with being a paraplegic. Come with me as I take a walk down memory lane of Balladeer; Teddy Pendergrass. Pendergrass was born Theodore DeReese Pendergrass in Philadelphia on March 26, 1950. He was an only child. Pendergrass’s mom had six miscarriages before giving birth to him; all of them were boys. His parents were Jesse Pendergrass and Ida Geraldine Epps. Pendergrass parents separated when he was very young. Jessie Pendergrass was killed later; Teddy was only 12 years old. Pendergrass was a student at Thomas Edison High; which was an all-boys school. Before dropping out in the 11th grade; he was a member of the Edison Mastersingers. He decided to pursue a career in the music industry after dropping out. His first gig was a drummer......

Words: 1306 - Pages: 6

Caso: Vermont Teddy Bear Company: Calyx & Corolla´S

...Debería internacionalizarse? Cuando el 30 de junio de 2006 (el día en que se publican los resultados financieros de 2005), Elisabeth B. Robert, consejera delegada de Vermont Teddy Bear Company (www.vtbear.com), se despertó, echó la vista atrás hacia uno de los años más significativos de la historia de la empresa: Servicio de Comida Contrate Para Su Empresa Ingrese aquí! www.chefgourmet.com.arEnlaces patrocinados El 16 de mayo de 2005, Vermont Teddy Bear anunció la firma del acuerdo definitivo por el cual la empresa pasaría a pertenecer a un grupo de inversión liderado por The Mustang Group, una empresa privada de inversiones con sede en Boston. La razón principal de este paso había sido explicada por Elisabeth B. Robert: «Como empresa privada, Vermont Teddy Bear ya no tendrá que superar los retos de una pequeña empresa que tiene que cumplir con los requisitos, cada vez más complejos y costosos, de empresas cotizadas en bolsa, disponiendo de más tiempo y recursos para dedicarlos al crecimiento de nuestro negocio». Las principales cifras financieras de 2005 fueron: Ingresos netos: 39,0 millones de dólares Beneficio neto: 2,5 millones de dólares A finales de 2005 la empresa disponía de una plantilla de 352 empleados, pero Elisabeth tenía más ambiciones para la compañía: «Mi visión a largo plazo para la empresa es aprovechar nuestras fortalezas operativas y de marketing, con una sólida estrategia de marca, para hacer crecer la empresa con ositos de......

Words: 1039 - Pages: 5

Vermont Teddy Bear Case Analysis

...Case study :The Vermont Teddy Bear Company® 2013 Florine Buteau Shenandoah University 28/02/2013 The Vermont Teddy Bear Company Almost everybody has had a plush bear when they were young. It’s a symbol of tenderness and gentleness. I personally had different bears made in Germany, China, England…with different forms, colors and names. Even if the teddy bear manufacturing is a saturated industry with many competitors, it has not prevented the Vermont teddy Bear Company to launch its own business. The Vermont Teddy Bear company (VTB) was created in 1980 by John Sortino. Currently the company is located in the city of Shelburne (Vermont, USA) and counts 289 employees. Vermont Teddy Bear Company represents a “Business success story,” but how did John Sortino arrive to success by the creation of a simple stuffed bear? After analyzing this company, I have concluded that the VTB Company has numerous opportunities to gain market share. Nevertheless, the VTB Company has had to contend with difficulties that cannot be ignored. 1. Opportunities The main opportunities for the Vermont teddy bear company are the following: * Before its creation, there were almost no teddy bears made in USA and most of these foreign-made bears were not good quality products. John Sortino, the “Vermont teddy bear” founder, noticed this fact while playing with teddy bears with his young son. * In the past, when you wanted to offer a teddy bear, you had to go in a store to buy it and......

Words: 882 - Pages: 4

Build the Bear, Build the Memory

...BACKGROUND & UPDATING Build a bear was founded in 1996, in a really hard context for companies in United States, even more for new companies that were trying to come up with something new or in this case for something creative. It was hard at the beginning, but three years later it was recognized as one of the hottest retailers in United States, people also got proud of how a small company could grow up so fast and also to get in the bests companies for customers. Build a Bear was opened by first time in 1996, having after that over more than 200 companies around United States; right now it has even more than 400 companies around the world in four different countries (United States, UK (United Kingdom, Puerto Rico, and Canada), they also give the chance to make it possible for creating a store by starting at least with 5 million dollars (it depends of the country, but that is the minimum capital people have to start with), it doesn’t mean it will be a sub franchising or something similar, they still be the total owners of the store making the country as a new point of the brand. The idea came up in a really particular situation between Maxine Clark and her friend. She was only 10 years old when she was trying to get a bear toy from the store with her friend, but her friend couldn’t find the one she liked it, and then she said it should be a great idea about making her own teddy bear, it was the moment when Maxine went even deeper, and she got a creative and also a......

Words: 1975 - Pages: 8

Teddy

...For those who do not know of you let them know who Teddy Music is and what does the music he makes stand for? A: Last time I interviewed yourself it was for the joint collaboration titled "Ghanaian Fire" released in 2010. How do you think you have progressed since then? A: Your stage name started out as Cypher moving onto Silencer and now Teddy Music, why did you feel the need to change your name? A: Your new single is titled "Rage" with Merky Ace and Kozzie, how did that collaboration come about? A: Along with the new single you have also released a few freestyles and visuals where you are laying down vocals on Grime, what has made you venture into the vocal side of Grime? A: Will you be focusing on more producing or the vocal side of Grime from this point forward and which side is your heart in more? A: It is pretty rare to see a Grime producer have a so-called "beef" however, you did have a situation with Marger, what happened? A: If an opportunity to clash Marger revealed itself, would you go for it? A: On the talk of clashing, personally I thought the new "Lord Of The Mic" DVDs was a step backwards, what is your stance on this? A: How do you feel about the Grime scene at this moment in time and what do you expect for the genre in the future? A: Who are your top 3 current Grime producers and MC's? A: Moving onto the future, what releases do you have in store for the rest of 2013 and what MC's can we hear you working with? A: The last question......

Words: 331 - Pages: 2

Vermont Teddy Bear Case Analysis

...Vermont Teddy Bear Management information systems – MBA 615 2014 Table of Contents Executive Summary 2 Current Situation 3 Business Situation 3 IT situation 3 Problem Statement 4 Proposed solutions and alternatives 4 Overview 4 ERP 6 Supply Chain Management Software 7 CRM 7 Data Warehouse 8 Localized upgrades 8 Comparative study 9 Ideal Infrastructure 10 Recommendations 11 References …………………………………………………………………………………………………………………………….. 13 Executive Summary Vermont Teddy Bears is a private company that specializes in the manufacture of novelty items based on an e-commerce business model. Company management aims to generate new revenue streams through modifications to the retail system and the underlying IT infrastructure. The current IT infrastructure is robust enough and can handle peak times, but is constituted of an amalgamation of off-the-shelf software and home developed middleware with no comprehensive documentation available. The company CIO is studying four plans to upgrade the existing infrastructure, replacing legacy systems with an ERP, implementing a CRM system, implementing an SCM system, and creating a data warehouse for business analytics purposed. Also proposed is a mix and match alternative whereas only the necessary upgrades are done. An ideal model for the VTB IT infrastructure is built and compared against the proposed alternatives. A final recommendation combining 2 alternatives with the objective of......

Words: 3074 - Pages: 13

Teddy Bear

...Vermont Teddy Bear Report 1) How would you describe Vermont Teddy Bear (VTB)’s business model (the products and services it sells, target market/s to whom it sells them, the value proposition it offers, and its financial model)? Vermont Teddy Bear (VTB) has been found by John Sortino in 1981. This company has served as a gift delivery service with three main product lines: Bears (plush toys), PajamaGrams (apparel), and Calyx Flowers (gifts). All gift orders are made via four different channels (retail store, mail, phone, web order), each channel supported by different software. First, VTB’s customers design bears by selecting the colors and outfits from a menu of options. All bears are produced on the Shelburne campus; fabrics and raw materials are purchased from vendors worldwide. Second, VTB offers low-cost pajamas. Most pajamas are sold through department stores, mass merchandisers, and other outlets. Third, Calyx Flowers offers high-end floral arrangements for discerning customers who appreciated the long ‘vase life’. It purchases directly from growers and coordinates with shippers such as UPS to ensure that highly perishable fresh cut flowers would be refrigerated and given special care en route. The main target market of VTB is men between the ages of 20 to 64 buying for wives or girlfriends as a gift, many at the last moment. 2) How strong are VTB’s operational capabilities, given their chosen......

Words: 1352 - Pages: 6

Vermont Teddy Bear

...Strategic IT Analysis: Vermont Teddy Bear David Lopez 07/07/2014 Info 563 Vermont Teddy Bear (VTB) has adapted to the changes in their industry since their early beginnings. They have been able to find different outlets for their product whether it is web, phone, retail or mail, that still holds true to this day. They operate in many industries such as the plush toys segment, general gifts, clothing apparel, and florist industry. They are able to compete in this market with three main products: toy bears, pajamas, and flowers. They operate in an industry which is highly seasonal and failure to capitalize during peak season would mean lost revenue. The Vermont Teddy Bear product is sold in the playthings industry which is expected to top $80.3 billion by 2012. This product has a high rate of sales during the months of December, February, and May due to the particular holidays that occur in those months. These products are highly customizable which allows it to appeal to more consumers. Sales trends showed that during the peak season most purchases were for adult gifts while the rest of the year were for children. The products are manufactured in Shelburne, Vermont. Another seasonal product for VTB is PajamaGrams which competes in two industries: the general gifts and clothing apparel. Most pajamas are sold through retail outlets such as Macy’s, Target, and Wal-Mart. Unlike the teddy bear brand these products are imported from China and Mexico. The best-selling......

Words: 1407 - Pages: 6

Vermont Teddy Bear

...Strategic IT Analysis: Vermont Teddy Bear David Lopez 07/07/2014 Info 563 Vermont Teddy Bear (VTB) has adapted to the changes in their industry since their early beginnings. They have been able to find different outlets for their product whether it is web, phone, retail or mail, that still holds true to this day. They operate in many industries such as the plush toys segment, general gifts, clothing apparel, and florist industry. They are able to compete in this market with three main products: toy bears, pajamas, and flowers. They operate in an industry which is highly seasonal and failure to capitalize during peak season would mean lost revenue. The Vermont Teddy Bear product is sold in the playthings industry which is expected to top $80.3 billion by 2012. This product has a high rate of sales during the months of December, February, and May due to the particular holidays that occur in those months. These products are highly customizable which allows it to appeal to more consumers. Sales trends showed that during the peak season most purchases were for adult gifts while the rest of the year were for children. The products are manufactured in Shelburne, Vermont. Another seasonal product for VTB is PajamaGrams which competes in two industries: the general gifts and clothing apparel. Most pajamas are sold through retail outlets such as Macy’s, Target, and Wal-Mart. Unlike the teddy bear brand these products are imported from China and Mexico. The best-selling......

Words: 1407 - Pages: 6

Build a Bear

... 2. – CASO BUILD-A-BEAR 4 5 2.1 – QUESTÕES PARA DISCUSSÃO 7 3. – CONCLUSÃO 13 4 – BIBLIOGRAFIA 14 5.1 – ESTUDO DE MERCADO 15 5. – ANEXO 15 ------------------------------------------------- ------------------------------------------------- INTRODUÇÃO Através deste trabalho, procurámos responder às questões colocadas sobre a empresa Build-A-Bear Workshop. Numa primeira fase, isso permitiu-nos ficar a conhecer um pouco mais sobre a história de uma empresa que conta com mais de uma década de existência e que apresenta, actualmente, uma posição invejável no seu segmento de mercado: animais de peluche. A Build-A-Bear é uma empresa originária dos Estados Unidos e que foi fundada por Maxine Clark, em 1997, num período difícil para a maioria das organizações tradicionais, que se mostravam incapazes de competir com o despertar do dot-com. Neste contexto, partindo de um produto já de si popular entre as crianças – os peluches – , Maxine procurou reinventá-lo sob a forma de um brinquedo que estas mesmas crianças poderiam personalizar, consoante o seu gosto. A primeira loja da Build-A-Bear foi aberta em St. Louis, no estado de Missouri, onde ainda......

Words: 3822 - Pages: 16

Build a Bear

...CASE 1 –Build a Bear, Build a memory- Synopsis: Build a Bear was founded by Maxine Clark in hard times. Where the internet was in its early phases of development, this era was a bad time to come with this type of business idea and as a matter of fact, Maxine Clark was criticized for this business idea. But nearly a decade later this company was considered as one of the hottest five retailers. The company hit number 25 on Business Week´s Hot Growth list of fast expanding small companies and Maxine Clark won Fast Company´s Customer-Centered Leader award. After being the president of Payless shoe store and resigning in 1996 (Selk, 2015), Maxine Clark´s Build a Bear first store opened in 1997 in Saint Louis Missouri. By 2007 it had sold over 50 million customer-made teddy bears and registered sales of $474 million. Clark’s inspiration came from her 10 year old friend Katie. She argued why she couldn´t find the stuffed toy she wanted and that it was so easy to make (Build a Bear, 2015); and so the inspiration came. Currently, there are over 400 stores in the USA, UK, Puerto Rico, Canada and franchises in Europe, Asia, Middle East, Australia, Mexico and Africa, with more than 125 million Bears living around the world. They are also diversifying the product, not only teddy bears. Now customers can build dinosaurs (Build a Dino), dolls (Friends 2B Made) and Build a Bear at the Zoo where customers can decide in a variety of more than animals. (Build a Bear) Nowadays the......

Words: 1414 - Pages: 6

Vermont Teddy Bear

...Name: Grade: _______________ Date: 09/29/2015 Case #: 3 Case Name: Vermont Teddy Bear 1) How would you describe VTB's business model (the products and services it sells, target market's to whom it sells them, the value proposition it offers, and its financial model)? VTB relies on gift sales across its three separately managed brands- Teddy Bears, PajamaGrams, and Calyx Flowers. A customer can purchase a stock teddy bear or custom design one by selecting the color and outfit from the menu of options. PajamaGrams competes in both the general gift category and global apparel industry. Calyx Flowers offers high-end flower arrangements for discerning customers who appreciates the long ‘vase life’ that was achieved because the company dealt directly with a small number of flower growers worldwide. Therefore, VTB’s business is highly seasonal. The company makes the most money during Christmas, Valentine’s Day and Mother’s day. Although VTB targets both adults and children, most of its revenue comes from adults buying gifts for other adults. Back in the 90’s, the company relied on radio advertisements and toll-free number orders but with the technological advancement, the company is facing challenges to reinvent itself. 2) How strong are VTB's operational capabilities, given their chosen business model?  What challenges do they face during so-called "peak experiences"? 3) How strong are VTB's information systems, given their......

Words: 313 - Pages: 2

Vermont Teddy Bear

...Vermont Teddy Bear Name Institution Vermont Teddy Bear Part A The Vermont Teddy Bear Company has a few qualities the CEO can accentuation to help the organization and enhance inspiration. The primary quality is representative preparing and unwaveringness (Wheelen and Hunger, 2004). We realize that the organization's workers are not unionized (Wheelen and Hunger, 2004). The organization additionally does not appear to be stressed over the likelihood of their workers unionizing, demonstrating the representatives are upbeat and substance (Wheelen and Hunger, 2004). This is a great quality for the organization. Upbeat and substance representatives are fundamental to the thriving of the vacationer business that exists in their Vermont production line (Wheelen and Hunger, 2004). Remote access requesting is one more of the organization's qualities. There are progressively three sorts of individuals, the individuals who need to go to the store, the individuals who need to arrange via telephone and the individuals who lean toward the web (Wheelen and Hunger, 2004). Web requesting and the 800 telephone number give quick and helpful access to the organization's items and give clients the choice to utilize which ever strategy is more agreeable for them. Numerous organizations are building up online request models to give comfort to customers, this is crucial to the accomplishment of the Vermont Teddy Bear Company they keep focused of web innovation (Wheelen and Hunger,......

Words: 1808 - Pages: 8

Build a Bear

...Build-A-Bear: Build-A-Memory In the late 1990s, it was all about the dot-com. While venture capital poured into the high-tech sector and the stock prices of dot-com startups rose rapidly, the performance of traditional companies paled in comparison. This era seemed like a very bad time to start a chain of brick-and mortar mall stores selling stuffed animals. Indeed, when Maxine Clark founded Build-A-Bear Workshop in 1996, many critics thought that she was making a very poor business decision. But as the company nears the end of its first decade, it has more cheerleaders than naysayers. In 2005, one retail consultancy named Build-A-Bear one of the five hottest retailers. The company hit number 25 on BusinessWeek’s Hot Growth list of fast-expanding small companies. And founder and CEO Maxine Clark won Fast Company’s Customer-Centered Leader Award. How does a small startup company achieve such accolades? THE PRODUCT On paper, it all looks simple. Maxine Clark opened the first company store in 1996. Since then, the company has opened more than 370 stores and has custom-made tens of millions of teddy bears and other stuffed animals. Annual revenues reached $474 million for 2007 and are growing at a steady and predictable 15 percent annually. After going public November of 2004, the company stock price soared 56 percent in just two years. Annual sales per square foot are $600, roughly double the average for U.S. mall stores. In fact,......

Words: 2001 - Pages: 9

Build a Bear

...Case #2 Build-A-Bear Workshop Build-A-Bear performance over the last few years has not been as strong as their initial performance of their early years. Build-A-Bear’s innovative and new product reached high net incomes when it first opened. Their rapid growth and expansion has caused a decline in net income. Another factor to a decrease in net income was due to the recession in the economy. Growth of new stores had to be put on hold until the economy had a chance to recover. Build-A-Bear has also experienced expenses from stores closing. Not only is Build-A-Bear expanding through opening new stores and licensing franchises, but also with partnering up with exiting companies like Ridemakerz, major league baseball, and Friends 2B. Build-A-Bear’s decline in performance is based on the lack of innovation. Build-A-Bear should focus on securing profitability within their current market, could market new products to bring value to the customers, but should not expand in new locations. Financial Ratios: Short-term solvency or liquidity, ratios: Current Ratio = current assets / current liabilities 1.4469 Quick Ratio = current assets – inventory / current liabilities .8654 Cash Ratio = Cash / current liabilities .5403 Long-term solvency, or financial leverage ratios: Total debt ratio = Total assets-total equity / total assets .4412 Debt-equity ratio = total debt / total equity .7895 Equity multiplier = total assets/total equity 1.7895 Asset utilization,......

Words: 986 - Pages: 4