The organizers of the Consumer Electronics Supply Chain Academy, which will hold its third annual conference at International CES in Las Vegas in January, this week announced the agenda for the event.
When the entertainment industry launched direct-to-store delivery of DVDs more than 10 years ago, the category’s overall success was rooted in the collaboration between the retailer providing point-of-sale information and the studio turning that data into actionable market intelligence and taking control of the process. For the first time in retail management history, the roles of the players in the supply chain had been rearranged. The role of monitoring product on the shelves was passed from the retailers to the suppliers— wholesalers, manufacturers, distributors—who now had to manage their own product and decide when to replenish the retail shelves. The result was significant reduction
IBM’s recent Summit for Consumer Electronics Emerging Technologies proved product innovation is the main driver of sales growth and profitability. To hammer home the point, George Bailey, IBM’s general manager of Global Electronics Industry, reminded the audience of CE executives that, perhaps more than any other industry, consumer electronics relies on continuous innovation, and to be successful CE companies must focus on delivering integrated solutions, not just innovative products. The strategy is not lost on Best Buy. Fernando Silva, Best Buy’s director of Private Label Product Lines, delivered a keynote address that left no doubt that we live in a consumer-centric world, in which collaboration from
You can tell something’s taking hold in the retail channel when, without actually looking, it hits you from all sides and from a variety of sources. The overall message became clear while I was editing the stories for this month’s issue: To survive in this tough environment, in which competition increases as fast as margins fall, retailers of all stripes must take the initiative to recommend full solutions to their customers and clearly explain the services they offer to optimize, maintain and upgrade those solutions. Ignore the full solution—the combination of hardware, software and services—and you’re leaving dollars on the floor. This isn’t new. What
Theory Z of Supplier Relationships The Mpower Group (TMG) is holding a workshop entitled “Theory Z of Supplier Relationship Management: The Final Answer?” on Tuesday, May 8th in Las Vegas, NV. This workshop is being presented as part of the Institute of Supply Management’s (ISM) 92nd Annual International Supply Management Conference & Educational Exhibit from May 6-9. Many years ago Professor William Ouichi of the University of California challenged organizations’ faulty assumptions about management and the workforce, leading to sub-optimal productivity. He revolutionized organizational theory by proposing Theory Z, which held that workers were motivated by long-term employment, collective decision making, individual responsibility,
The Death of Time and Distance: A Holistic Approach to Supply Chain Management. Supply chain management (SCM) is an integral and expensive collaboration between warehouses, manufacturers, and consumers. Getting the parts in and the product out with minimal cost and maximum output is an ongoing dilemma. In this article, CE Supply Chain News editor and Consumer Electronics Supply Chain Academy Conference Chairman (CESCA), Devendra Mishra discusses the current SCM directions, strategies, and tactics, and how organizations can improve their processes. Source: Graziado Business Report