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A Year in the Life of a Greeting Card



By Sean Gallagher

  Table of Contents:
  1. A Year in the Life of a Greeting Card
  2. ' Cutting the Cards'
  3. ' Card 18100'
  4. ' Reviews And Approvals '
  5. ' Manufacturing and Shipping '
  6. ' Sales And Tracking '
  7. ' Analysis and Evaluation '
  8. ' American Greetings Base Case'
  9. ' American Greetings Base Technologies'
  10. ' Player Roster'
  11. ' Player Roster'

Every year, American Greetings churns out 20,000 new cards to meet every need of "social expression" it can imagine. But the life and death of each of those cards is hardly determined by the pen of an artist and the gut of a chief executive.

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A Year in the Life of a Greeting Card - ' American Greetings Base Case'


( Page 8 of 11 )


American Greetings Base Case

Headquarters: 1 American Road, Cleveland, OH 44144

Phone: (216) 252-7300

Business: Creation, design and sales of everyday and seasonal greeting cards, gift-wrap and related products.

Chief Information Officer: Bruce Petro

Financials: $2.4 billion of net sales in fiscal year ended Feb. 2002; Net loss of $122.3 million, or -5.2% on sales

Challenge: Streamline the management of products by digitizing creative materials, manage printing and production with computer systems, and link into retailers' information systems through bar-code scanning

BASELINE GOALS:
  • Turn inventory more than 2.6 times a year
  • Improve market share from 40% of "social expressions" (greeting card) market
  • Broaden customer base (five customers account for 37% of revenue)
  • Reduce debt, which totaled $853.1 million at end of fiscal 2002

     
     
    >>> More Projects: Processes Articles          >>> More By Sean Gallagher
     


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