Preview

Case Study Woody 2000

Best Essays
Open Document
Open Document
2614 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Study Woody 2000
Custom Woodworking Company—Woody 2000
Case Study

Summarize the Case The Custom Woodworking Company is a small-to-medium sized custom furniture and cabinet making company located in Someplace, British Columbia. It is represented by Ron Carpenter, CEO, his wife Emelia Carpenter, the president and their son John Carpenter, the director. The company is privately held with approximately 850 employees. Throughout the years, they quickly gained reputation for attractively designed and well-constructed furniture and built up a loyal staff and work force.
In 1989, Due to a mini-boom in commercial construction, Bruce Sharpe, the company’s VP Sales and Estimating persuaded directors to expand their manufacturing business. There were two options for the company to go and there were either stay in the premises and expand or relocate to completely new and more modern facilities. Due to various personal views on this issue and polarization of opinions, Ron Carpenter, also called “Woody”, organized a meeting of directors and key personnel to come to a resolution regarding this matter. Based on the meeting, project concept was settled that the company will remain at the existing property but will expand the current facility by 25%. The premises will be modernized with new equipment, software and hardware and the directors’ premises will be renovated. The budget available for the changes was set at $17 million and a target date of 18 months.
The project got the name “Project Woody 2000”. Spencer Moneysworth, VP Finance and Administration were named responsible for the project. He didn’t involve production people into the project but immediately invited EID (Expert Industrial Developers) reasoning that their knowledge of industrial work would result in lower total project cost which

You May Also Find These Documents Helpful

  • Satisfactory Essays

    If the business moves them both labor and budget would be factor in this project, the corporation would have to find a new lot than rebuild.…

    • 304 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    * Advances in technology allow consumers to get more done in smaller amounts of time. Builders are also able to finish projects faster with fewer manual laborers. (Lowe’s Case Analysis.)…

    • 460 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    This case calls for an analysis of facts and recommendations on how the Texas plant can recover from the $6.34-million loss just experienced in 2007. What Plant Manager, Doug believes to be the cause of his loss is not necessary due to the lower volume of architectural window business. Another of his suggestions is to invest in more modern equipment. The analysis however shows that the higher costs of labor and an older facility also are also not the problem. A re-computation of cost data using ABC will reveal the flaws in Doug’s suggested recommendations.…

    • 3702 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    during the construction phase presented a significant scope change to the project (ABC, 2002). These…

    • 1250 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    In this certain scenario, Michael Boyd began working for his father Alex’s company, Supreme Construction. As Michael increased his responsibility and the company continued succeeding, Michael proposed for the construction of…

    • 684 Words
    • 3 Pages
    Good Essays
  • Best Essays

    economics 365

    • 2287 Words
    • 10 Pages

    The construction industry has been a result of a lot of change in the past few years. The construction industry consists of small business to the very large corporation. A small business in the construction industry can be considered a simple handyman business. A large business in the construction industry can be considered a new commercial builder. With the limited barrier of entry the construction industry has been threaten by new companies entering the market. New companies entering the marking have posed a threat in which causing the existing construction companies to have a strategic plan to prevent from closing their doors. With a strategic plan in place the existing construction companies will have the tools needed to compete with newer companies entering the market.…

    • 2287 Words
    • 10 Pages
    Best Essays
  • Best Essays

    Having worked years with my stepdad in his business creating pieces of furniture, it inspired me to create my own business. Wood Arts is a small business based in North Miami, Florida and was founded in 2014 by me, Jalyll Suarez. Wood Arts specializes in creating custom wood furniture and stylish carvings. The furniture includes tables, chairs, cabinets, book shelves and desks. Our company consists of 22 employees who are assigned to different areas in the whole company.…

    • 1700 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    case study

    • 1940 Words
    • 7 Pages

    1) The first issue of the case is whether Harry Hepburn, the president of Southern California Division of Robinson Brothers Homes should make the projection on the specific project more optimistic or not. By making the revenue forecasts more optimistic, the most likely outcome is that the project will be undertaken and his team of employees will keep their position. Otherwise, at the current estimated return projections, the project is expected to be declined, and Harry’s team will be partially laid off in accordance with the Robinson Brothers Homes plan on cutting costs as the company faces the slowing down market and decreased profitability.…

    • 1940 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Florida Home Advantages

    • 622 Words
    • 3 Pages

    Still on the cost-savings fence between buying a resale or building new? Total up the customization, warranty, energy-efficiency, low-maintenance and safety attributes of building new, then the potential hassle and angst of renovation. We think the “new” advantages are clear.…

    • 622 Words
    • 3 Pages
    Good Essays
  • Good Essays

    ENSR

    • 760 Words
    • 4 Pages

    Project arose as part of a larger project  new facility, redesign/expansion of a manufacturing…

    • 760 Words
    • 4 Pages
    Good Essays
  • Better Essays

    After changing management current Stickley Furniture managers were able to turn the company around, growing and generating a steady demand for their products. They produce fine cherry, white oak, and mahogany furniture with a prestigious line of mission oak furniture. Stickley Furniture has a production facility outside of Syracuse, New York but has various showrooms in New York State, Connecticut and North Carolina. Employing 1,350 employees, Stickley Furniture has been able to gain report with local customers and gain a large market share in the north eastern part of the country.…

    • 2037 Words
    • 9 Pages
    Better Essays
  • Good Essays

    Lambeth Custom Cabinets is a small shop that manufactures and sells custom-made cabinets. The shop is owned and operated by Jack Lambeth, a master cabinet maker. Even though it is not specifically listed in the case, it does seem that Mr. Lambeth has only a few employees other than himself and his son Jack Jr. As labor is an important part of cabinet-making, Mr. Lambeth does not like the idea of laying people off even when the business is slow, so instead he assigns unoccupied workers to general clean-up and repair work and charges their wages to indirect labor.…

    • 1453 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    business plan

    • 6327 Words
    • 26 Pages

    Comgate is engaged in custom architectural woodwork in the form of wall paneling, custom cabinets, molding, pilasters, radius units, circular staircases in special woods, elaborate dressing rooms, specialty kitchen work, etc. The recent addition of state-of-the-art CAD capability will help substantially to increase sales of higher-end products by targeting design professionals who are in a position to influence choices of subcontractors building "trophy" homes costing over $3 million. "Custom" is the key word at Comgate. The average home would not use our products. Custom woodworking of the type carried out by Comgate is made to order only. No finished goods are made up for…

    • 6327 Words
    • 26 Pages
    Powerful Essays
  • Best Essays

    Question 1: Comparing and contrasting the benefits of refurbishment projects with those of new build.…

    • 3531 Words
    • 13 Pages
    Best Essays
  • Good Essays

    The company owned a very old building in downtown Vancouver. After the tenants complaining about the plumbing, parking and other problems for more than a year, Mr. Janda decided to demolish the current building and rebuilt it. That was during the recession, so his family and partners were against his idea. He did a well-prepared research in two months after his first decision, and he still kept his opinion to rebuild the old building. Although the new building is still…

    • 433 Words
    • 2 Pages
    Good Essays