Samsung continued to struggle
with channel inventory, leading to its 9 percent drop in market share, clocking the vendor in at 25 percent of Q3 2014 shipments.
In China, increased competition along
with channel inventory mismanagement and a lack of CDMA phones is hurting Nokia.
Not exact matches
That experience, along
with the other headaches of selling through retail
channels — such as long payment terms, returned
inventory, chargebacks and advertising fees — convinced him and Syzmcak they should focus on B2B sales.
With its growing
inventory, Volk - Weiss was in a position to take the next step in his long - tail vision: He launched Dynamics «
channels» — showing exclusively Dynamics - owned shows — on Hulu, Roku, and Amazon in July 2014.
«We held back some
inventories across the entire retail
channels in order to ensure our new initiatives weren't caught up in the liquidation, and then we'll begin to ship those as we move forward
with great entertainment initiatives,» Goldner said.
Actual results, including
with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our
channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased
inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders
with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated
with the ramp - up of production of our new products, and our entry into new business
channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated
with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements
with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their
inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products
with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated
with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated
with ongoing litigation; and other factors discussed in our filings
with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed
with the SEC.
With a centralized
inventory management solution, you can sync all your sales
channels into a single integrated system, automating order tracking so you can avoid overselling and delayed fulfillment.
«Although we've now seen two consecutive quarters of strong market growth, we believe the strong market performance has less to do
with strengthening demand and more to do
with increased appetite from the
channel for
inventory,» added Linn Huang, research director, Devices & Displays.
According to Blake, it has the tools he needs to create customer specific pricing for dealers and affiliates, and also provides Blue - 9
with a clear view of
inventory, integrated across online and in the field consumer and partner
channels.
Factors that could cause actual results to differ materially from those expressed or implied in any forward - looking statements include, but are not limited to: changes in consumer discretionary spending; our eCommerce platform not producing the anticipated benefits within the expected time - frame or at all; the streamlining of the Company's vendor base and execution of the Company's new merchandising strategy not producing the anticipated benefits within the expected time - frame or at all; the amount that we invest in strategic transactions and the timing and success of those investments; the integration of strategic acquisitions being more difficult, time - consuming, or costly than expected;
inventory turn; changes in the competitive market and competition amongst retailers; changes in consumer demand or shopping patterns and our ability to identify new trends and have the right trending products in our stores and on our website; changes in existing tax, labor and other laws and regulations, including those changing tax rates and imposing new taxes and surcharges; limitations on the availability of attractive retail store sites; omni -
channel growth; unauthorized disclosure of sensitive or confidential customer information; risks relating to our private brand offerings and new retail concepts; disruptions
with our eCommerce platform, including issues caused by high volumes of users or transactions, or our information systems; factors affecting our vendors, including supply chain and currency risks; talent needs and the loss of Edward W. Stack, our Chairman and Chief Executive Officer; developments
with sports leagues, professional athletes or sports superstars; weather - related disruptions and seasonality of our business; and risks associated
with being a controlled company.
What this means is all other platforms are suffering from massive
channel stuffing
with unsold
inventory boosting their «shipped» figures, but absolutely burying their long - term viability.
Such statements reflect the current views of Barnes & Noble
with respect to future events, the outcome of which is subject to certain risks, including, among others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining sales and net income due to various factors, possible disruptions in Barnes & Noble's computer systems, telephone systems or supply chain, possible risks associated
with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible risks that
inventory in
channels of distribution may be larger than able to be sold, possible risks associated
with changes in the strategic direction of the device business, including possible reduction in sales of content, accessories and other merchandise and other adverse financial impacts, possible risk that component parts will be rendered obsolete or otherwise not be able to be effectively utilized in devices to be sold, possible risk that financial and operational forecasts and projections are not achieved, possible risk that returns from consumers or
channels of distribution may be greater than estimated, the risk that digital sales growth is less than expectations and the risk that it does not exceed the rate of investment spend, higher - than - anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble's online, digital and other initiatives, the success of Barnes & Noble's strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects, product and component shortages, the potential adverse impact on the Company's businesses resulting from the Company's prior reviews of strategic alternatives and the potential separation of the Company's businesses, the risk that the transactions
with Microsoft and Pearson do not achieve the expected benefits for the parties or impose costs on the Company in excess of what the Company anticipates, including the risk that NOOK Media's applications are not commercially successful or that the expected distribution of those applications is not achieved, risks associated
with the international expansion contemplated by the relationship
with Microsoft, including that it is not successful or is delayed, the risk that NOOK Media is not able to perform its obligations under the Microsoft and Pearson commercial agreements and the consequences thereof, risks associated
with the restatement contained in, the delayed filing of, and the material weakness in internal controls described in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, risks associated
with the SEC investigation disclosed in the quarterly report on Form 10 - Q for the fiscal quarter ended October 26, 2013, risks associated
with the ongoing efforts to rationalize the NOOK business and the expected costs and benefits of such efforts and associated risks and other factors which may be outside of Barnes & Noble's control, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, and in Barnes & Noble's other filings made hereafter from time to time
with the SEC.
Such statements reflect the current views of Barnes & Noble
with respect to future events, the outcome of which is subject to certain risks, including, among others, the effect of the proposed separation of NOOK Media, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining sales and net income due to various factors, possible disruptions in Barnes & Noble's computer systems, telephone systems or supply chain, possible risks associated
with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible risks that
inventory in
channels of distribution may be larger than able to be sold, possible risks associated
with changes in the strategic direction of the device business, including possible reduction in sales of content, accessories and other merchandise and other adverse financial impacts, possible risk that component parts will be rendered obsolete or otherwise not be able to be effectively utilized in devices to be sold, possible risk that financial and operational forecasts and projections are not achieved, possible risk that returns from consumers or
channels of distribution may be greater than estimated, the risk that digital sales growth is less than expectations and the risk that it does not exceed the rate of investment spend, higher - than - anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble's online, digital and other initiatives, the success of Barnes & Noble's strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects, product and component shortages, risks associated
with the commercial agreement
with Samsung, the potential adverse impact on the Company's businesses resulting from the Company's prior reviews of strategic alternatives and the potential separation of the Company's businesses (including
with respect to the timing of the completion thereof), the risk that the transactions
with Pearson and Samsung do not achieve the expected benefits for the parties or impose costs on the Company in excess of what the Company anticipates, including the risk that NOOK Media's applications are not commercially successful or that the expected distribution of those applications is not achieved, risks associated
with the international expansion previously undertaken, including any risks associated
with a reduction of international operations following termination of the Microsoft commercial agreement, the risk that NOOK Media is not able to perform its obligations under the Pearson and Samsung commercial agreements and the consequences thereof, the risks associated
with the termination of Microsoft commercial agreement, including potential customer losses, risks associated
with the restatement contained in, the delayed filing of, and the material weakness in internal controls described in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, risks associated
with the SEC investigation disclosed in the quarterly report on Form 10 - Q for the fiscal quarter ended October 26, 2013, risks associated
with the ongoing efforts to rationalize the NOOK business and the expected costs and benefits of such efforts and associated risks and other factors which may be outside of Barnes & Noble's control, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended May 3, 2014, and in Barnes & Noble's other filings made hereafter from time to time
with the SEC.
The loss of
inventory (shrinkage) is a real problem in just about every
channel,
with some estimates putting the total cost to U.S. retailers at about $ 35 billion per year.
The booking engine
channel, called the Smith Availability Management System, was designed in liaison
with an advisory panel of hoteliers to enable seamless
inventory management.
Set to be unveiled at the World Travel Market (WTM) in London, the Live platform incorporates the existing RateTiger and Connect products, and merges competitor intelligence and business analytics
with XML
channel connectivity to offer real - time rate and
inventory updates that are coordinated
with third party systems.
In a call
with analysts, Apple's VP of finance Luca Maestri said the company viewed the drop in sales as closer to a 3 percent decline due to year - over-year
channel inventory changes.
One issue found
with Exhibit 1 is that reported iPhone sales include
channel inventory adjustments.
We're working
with our partners to restock
inventory across our retail
channels and we can confirm that production of the Pixel has not stopped.»
We're working
with Google to restock
inventory across our retail
channels as quickly as we can.
Fitbit started this year
with bloated
channel inventory, reduced 2017 revenue expectations, grand plans for a smartwatch, and a corporate reorganization.
We exited the December quarter towards the lower end of our target range of five to seven weeks of iPhone
channel inventory with less than 1 million more iPhones in the
channel compared to the December quarter a year ago, in line
with our growth in average weekly unit sales.
The target customer is a retailer
with an
inventory that they need to manage as they sell using multiple
channels such as eBay, Amazon, their own website (s), and / or a bricks and mortar stores.
Handled warehouse duties
with ease:
inventoried and tracked equipment closely to prevent any losses; received, picked, and shipped supplies; procured equipment through various supply
channels; entered data into the computerized database; and compared cost requirements on various equipment pieces.
Coordinated distribution
channels ensuring product
inventory levels were maintained and kept pace
with increasing market demand.
→ Effectively reduced
inventory costs by 10 % a year, by modifying and establishing open
channels with International Distribution centres, resulting in smooth day - to - day operations that managed overall supply chain.