ModusLink's New Consumer Electronics Solutions Suite Tailored to Meet Specific Needs and Challenges of Highly-Competitive Market.Leverages Market Expertise, Optimized Solutions and Global Reach to Maximize ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). for Key Market-, Product- and Customer-Centric Supply Chain Strategies WALTHAM, Mass. -- ModusLink Corporation, a subsidiary of CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CMGI) and leading provider of global supply chain management solutions, today announced availability of the ModusLink Consumer Electronics Solutions Suite, an integrated suite of tailored solutions designed to address the specific supply chain challenges and global operating requirements of consumer electronics companies. Based on decades of experience developing successful, high-return solutions for the consumer electronics market, ModusLink has documented and standardized the best processes, technologies and operating methodologies available and now offers them as part of its new, integrated solution suite. The new solutions suite helps clients reduce complexity and speed implementation of key supply chain strategies--from global sourcing and late-configuration to direct to retailer fulfillment and expansion into new regional markets--while lowering associated capital investment, cost and risk. Additionally, with globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation increasing the field of competitors, ModusLink helps clients differentiate themselves by expediting time to market and improving customer service, satisfaction and loyalty. "Today's announcement underscores ModusLink's commitment to the consumer electronics industry and the depth of our experience in helping companies address the specific challenges of this market," said Joseph C. Lawler, Chairman, President and Chief Executive Officer of CMGI. "While demand for consumer products remains strong, manufacturers are battling the affects of shorter product lifecycles, rapid commoditization Commoditization 1. A situation when illiquid financial contracts are changed or modified in a way that promotes trading and results in a more liquid market. 2. Making a product into a commodity. Notes: 1. of goods, increased demand for innovation and mounting global competition. We understand the challenges of this market and have a proven track record of helping consumer electronics companies stay competitive in this challenging business environment. Our suite helps clients effectively balance customer focus and cost by taking redundancy, inefficiency and risk out of the supply chain, while boosting quality of service to customers." "ModusLink has continually demonstrated a solid understanding of the unique challenges and operating requirements of our market. Their expertise and market-specific solutions have been instrumental in helping Newton Peripherals meet continued growth in global demand for our innovative, new MoGo Mouse product," said Matthew Westover, Newton Peripherals' CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President. "ModusLink's tailored supply chain solutions are a fundamental part of our global supply chain operations and help us in our efforts to provide outstanding levels of service to our customers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe." The new Consumer Electronics Solutions Suite is comprised of 9 "solution packages" that manage the full range of forward supply, reverse logistics This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. and "go-to-market" (channel direct and regional expansion) supply chain activities. Among the solution packages available are the following key offerings: * Optimized Configuration - Leveraging supply chain network optimization and simulation analysis (language, simulation) SIMulation ANalysis - (SIMAN) A simulation language, especially for manufacturing systems, developed by C. Dennis Pegden in 1983. ["Introduction to Simulation using SIMAN", C.D. Pegden et al, McGraw-Hill 1990]. to determine the best global supply chain model and capacity strategy to meet cost and service targets. * Retail Direct - All services and processes required to manage, and ship directly to, the retail channel in any geography - from Radio Frequency Identification See RFID. (RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. ) and messaging to merchandising and Collaborative Planning and Forecasting Replenishment (CPFR CPFR Collaborative Planning, Forecasting and Replenishment CPFR Collaborative Planning, Forecasting, and Replenishment (merchandising) CPFR Continuous Planning Forecasting & Replenishment CPFR Calling Party Forced Release ). * Gateway to Market (Asia, Europe and Americas) - All services required to help clients quickly and cost-effectively enter new geographic markets. In addition to all of the key supply chain services, such as sourcing, light manufacturing, fulfillment and returns, this solution addresses such complex needs as regulatory compliance, taxation, customs and local language support. * Factory Supply (with optional VMI VMI Virginia Military Institute VMI Vendor Managed Inventory VMI Vertical Motion Index VMI Valtakunnan Metsien Inventointi (Finnish: National Forest Inventory) VMI Video Module Interface ) - All services required to source multiple components and materials and deliver to factory consumption points with optimum efficiency, inventory management and customer service, including optional processes that optimize hub operations using intelligent Vendor Managed Inventory Vendor Managed Inventory (VMI) is a family of business models in which the buyer of a product provides certain information to a supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material, usually at the buyer's (VMI) techniques and direct-line feed supply models. * Reverse Logistics - Full design and execution of reverse logistics processes that minimize non-value repair and accelerate the identification of no fault found products and components to expedite the processing and return to market of valuable returned product. For more information and a complete list of the available solution packages, please contact a sales representative or visit our website at www.moduslink.com to download the brochure. About ModusLink ModusLink Corporation is a leading provider of global, end-to-end supply chain management solutions. The company provides technology clients in the software, computing, consumer electronics, storage and communications markets with customized supply chain solutions that improve time-to-market, productivity and customer satisfaction while reducing risk and cost. ModusLink's services include consulting and planning, sourcing and supply base management, manufacturing and product configuration, fulfillment, logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet , e-commerce and the complete range of aftermarket services. With 40 facilities in 13 countries, ModusLink has the largest global footprint in its industry. The company is headquartered in Waltham, Massachusetts One of the early centers of the Industrial Revolution in northern America, Waltham is a city in Middlesex County, Massachusetts, United States. The population was 59,226 at the 2000 census. and is a subsidiary of CMGI, Inc. (Nasdaq: CMGI). For additional information, see www.moduslink.com. About CMGI CMGI, Inc. (NASDAQ: CMGI), through its subsidiary ModusLink, provides industry-leading global supply chain management services and solutions that help businesses market, sell and distribute their products around the world. In addition, CMGI's venture capital business, @Ventures, invests in a variety of technology ventures. For additional information, see www.cmgi.com. This release contains forward-looking statements, which address a variety of subjects including, for example, the expected benefits of the Consumer Electronics Solutions Suite. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: ModusLink's success depends on its ability to execute on its business strategy and the continued and increased demand for and market acceptance of its solutions and services; ModusLink may not be able to expand its operations in accordance with its business strategy; ModusLink may experience difficulties integrating technologies, operations and personnel in accordance with its business strategy; ModusLink derives a significant portion of its revenue from a small number of customers and the loss of any of those customers would significantly damage its financial condition and results of operations; increased competition and technological changes in the markets in which ModusLink competes; and risks associated with international operations. ModusLink represents a significant percentage of CMGI's operations and the occurrence of any of the foregoing factors may have an adverse effect on CMGI's results of operations and financial results. For a detailed discussion of cautionary statements that may affect CMGI's future results of operations and financial results, please refer to CMGI's filings with the Securities and Exchange Commission, including CMGI's most recent Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and Quarterly Report on Form 10-Q Form 10-Q See 10-Q. . Forward-looking statements represent management's current expectations and are inherently uncertain. We do not undertake any obligation to update forward-looking statements made by us. |
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