Pull Up A Chair
“The world is getting flatter and flatter, faster and faster.”
I read the quote this past summer in the promotional material given out at the SinoCES, the annual CE show co-sponsored by CEA in China. The show, and the accompanying retail and corporate visits organized for the CEA delegation that visited the SinoCES, brought home this notion with resounding certainty. These are, to paraphrase the ancient Chinese proverb, interesting times.
Rapidly increasing competition for retail floor space from all parts of the globe, coupled with the adoption of “Internet-time” as the de facto standard for business, makes doing business more of a challenge than ever. For manufacturers, the emphasis is now more than ever on pin-point accuracy for product development and supply chain management: mistakes prove to be lethal, so-called “losers” are dropped sooner to avoid bloated inventories.