ModusLink's New Consumer Electronics Solutions Suite Tailored to Meet Specific Needs and Challenges of Highly-Competitive Market
09 January 2007 - 12:00AM
Business Wire
ModusLink Corporation, a subsidiary of CMGI, Inc. (NASDAQ: 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 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 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 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 and
Europe.� The new Consumer Electronics Solutions Suite is comprised
of 9 �solution packages� that manage the full range of forward
supply, reverse logistics 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 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 (RFID) and messaging to merchandising and
Collaborative Planning and Forecasting Replenishment (CPFR).
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) � 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 (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, 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 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 and Quarterly Report on Form 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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