Now that Sony had a consolidated business forecast that incorporated the latest customer demand and retail sales trends, the product groups could use it to make more strategic decisions about supply planning and allocation of products to sales channels. At Supply Chain Minded we are always excited to meet professionals who are interested in writing supply chain related articles. The need for better communication! Encompass is a market leading supplier of replacement parts and accessories for a diverse range of products. Supplier transparency is also improved through industry coalitions. In this challenging environment, it was becoming clear to Sony executives that better supply chain management would be critical for maintaining the company's competitive edge in the future. She has also worked for Motorola as an engineer in flat-panel displays. It is performed at least once a month and is reviewed by the management team at an aggregate product family level.
The company ships finished products to dealers, distributors, and consumers in more than 200 countries and territories. There was universal agreement to continue the program beyond the pilot phase, and the retailers asked when and how the program could be extended to include more categories, more recommendations, and more information sharing. In this way—collaborating with retailers not just on order flow but also on business plans, customer-segmentation strategies, and long-term vision—Sony will ensure a continued strong presence in the consumer electronics space for the foreseeable future. Accordingly, Sony asked its retailer partners to communicate sell-in and sell-through forecasts for a longer planning horizon; in return, Sony shared future product and promotional plans more openly. In order to bring consistency to these critical processes, Yuka Yu, vice president of supply chain operations at Sony Electronics, created a dedicated team to look at how to improve planning and forecasting. Effective immediately, Encompass will supply parts to other distributors, authorized service network, service dealers, third-party administrators, international affiliates, and end users through the distribution facilities in Florida, Georgia and Nevada. As successful businesses adopt these programs, others will naturally need to keep up.
The factories hindered by shortages make camcorders, digital cameras, lenses, mobile phones, headphones and televisions. All submissions will be edited for clarity, content and style. The company needed to improve the application by quickly integrating it with disparate systems. Through our experience setting up the program for the Conflict Minerals as part of the industry, we believe that improved end to end governance and transparency of the whole supply chain requires common initiatives from international organizations, governing authorities and industries. Complicating matters was the fact that a large amount of manual work was required for Sony to consolidate the demand signal across all accounts in time to provide an accurate forecast to overseas suppliers.
The shared database also helped Sony to establish key performance indicators that could be used both to track execution and to drive collaboration. The results exceeded both Sony's and the retailers' expectations. Moreover, the supply chain planning and forecasting process, while thorough, tended to be tactical and reactive. Specifically, we found that this communication challenge in terms of supplier engagement to be managed in three primary ways: customer inquiries, compliance audits and industry collaboration. Establishing better demand plans across all regions allowed Sony's main sourcing factories in Asia to effectively plan their component procurement and production. Without a preset agenda, participants might spend more time discussing the previous week's results than looking forward to the next quarter's forecast. We need to improve the cost strategy to keep pace with the lower sales.
Sony reacted quickly to its most pressing supply chain issues at the global level. Encompass currently distributes non-warranty Sony parts as an authorized distributor. The award criteria included financial growth versus the prior year, market-share gains, ability to provide new technology and innovative design, marketing collaborations, and support of Walmart's online business. To learn more, please visit in the Sony Global website. To this end, for responsible sourcing of the raw materials, Sony and Sony Mobile support initiatives of industrial organizations such as the. Gentran Integration Suite powers real-time processing with state-of-the-art technology while remaining compatible with Sony Supply Chain Solution, Inc.
For example, if a particular series of television sets was selling well in the club store channel but not as well in the regional stores channel, the product group could request that the factory manufacture more of the club-specific models. Challenge Sony Supply Chain Solution, Inc. Sony was founded in 1946 by Masaru Ibuka and Akio Morita. It seemed that no one had the time to sift through the massive files to identify useful information, let alone pass it on to people who might be able to act on that intelligence. Join our line up of contributors. Copyright © 2019 Encompass Supply Chain Solutions, Inc. The retailers, of course, were delighted.
While we are aware that we can enforce our policies and requirements with our suppliers where there is a direct relationship and agreement structure in place, with the Sony Supplier Code of Conduct, we require our suppliers to use minerals from secured supply chains, produced in a way where ethical and environmental considerations are respected. Supporting a global operation of such vast scale, Sony Supply Chain Solution, Inc. This case history about Sony Supply Chain Solution, Inc. We are an industry leaders because of our over 60 years of experience and carry millions of replacement parts and accessories for almost 200 brands of , , , , , , , , and. New technologies, new competitors, the recent global financial crisis, and the bankruptcy of the major U. Key issues were identified, as well as some practical approaches being used to address issues like e-waste recycling requirements and conflict minerals compliance. LiveCareer has 87446 Operations Management resumes in its database.
By marrying the two, Sony hoped to achieve results that go beyond the traditional, short-term benefits typically realized from each process on its own. But many companies have yet to implement it, and not everyone is sure what it exactly means. Then, the second-largest consumer electronics retailer in the United States, Circuit City, ceased its retail operations—an event that not only demanded Sony's immediate, tactical attention but also mandated a significant adjustment to its channel strategy. They aim at providing a One-Stop Solution from Procurement to Distribution. For more information, please visit encompass.
Under an agreement with Sony, Encompass will manage all aspects of the consumer service parts supply chain. Going forward we will continue to reduce the costs. Executive Deputy President Yutaka Nakagawa reduced the number of parts and materials suppliers by more than 50 percent and targeted purchasing cost reductions of 20 percent in fiscal year 2010 through process improvements and rationalization of payment terms. The proposed pilot program, which encompassed the television product category, would have a fixed duration of four to six weeks; after that the retailer could opt out if it saw no benefit to having the additional information, or it could continue. Every supplier or customer within a supply chain will, at some point, be faced with the task of effectively addressing common challenges that arise from each of these four areas of concern. In addition, Sony has implemented supplier questionnaires and has established a catalog of approved green office supplies. Key benefits Flexibility, rapid deployment: Systems operations can create a universal platform based on Gentran Integration Suite for the entire Sony Group within a reasonable time frame.