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You are here: Home / Archives for Management

Management

In Note to Dealers on Supply Chain, Crestron Says It’s in a ‘Better Position’ Than Ever

May 25, 2022 by Ted 1 Comment

Crestron at Expo 2015

For the last two and a half years, many industries have struggled with supply chain issues – especially Tech. During that period of time, I’ve heard over and over from integrators who were furious at one company or another for failing to deliver on their open orders. I’ve heard expletives hurled at pretty much every brand in the industry…including Crestron.

Now, in a letter to dealers from Crestron Chief Operating Officer Daniel Brady, dealers are being told that the company is “in a better position now than ever before.”

See more on Crestron’s letter to dealers

[Read more…] about In Note to Dealers on Supply Chain, Crestron Says It’s in a ‘Better Position’ Than Ever

Filed Under: Integrators, Management, Manufacturers, News, Strategy, supply chain Tagged With: chip shortage, Crestron, Crestron Electronics

Snap One Fiscal 1st Qtr Results Show Good Revenue Growth, But a Net Loss

May 19, 2022 by Ted 2 Comments

Snap One cover photo

At the end of last week, Snap One Holdings Corp. released the results of their fiscal 2022 first quarter, a period which ended April 1, 2022, with comparisons to the same quarter last year, which ended on March 26, 2021. The company showed good revenue growth in the quarter but is still dealing with a net loss – albeit less of one than in 2021.

See the details on the Snap One fiscal Q1 results

[Read more…] about Snap One Fiscal 1st Qtr Results Show Good Revenue Growth, But a Net Loss

Filed Under: Brands, Distributors, Financial, Integrators, Management, Manufacturers, News, Strategy Tagged With: earnings, John Heyman, Mike Carlet, Snap One

Onkyo Bankruptcy – New Owner Premium Audio Company Addresses Latest News

May 17, 2022 by Ted Leave a Comment

Onkyo products still sold by VOXX despite Onkyo bankruptcy
[Image: From Onkyousa.com]

On Monday, I received a note from Premium Audio Company regarding my post on the bankruptcy of Onkyo Home Entertainment Co. Ltd. In this note, the company sought to get the message across that the Onkyo bankruptcy has nothing to do with them and that the Onkyo brand lives on under the guidance of its new owner, Premium Audio Company, a subsidiary of VOXX International.

Read more on Premium Audio Company & Onkyo

[Read more…] about Onkyo Bankruptcy – New Owner Premium Audio Company Addresses Latest News

Filed Under: Brands, Financial, Integrators, Management, Manufacturers, News Tagged With: 11 Trading Company, Integra, Onkyo, Paul Jacobs, Pioneer, Pioneer Elite, Premium Audio Company, VOXX Intl

Final Curtain Falls as Main Onkyo Company Declares Bankruptcy

May 13, 2022 by Ted 17 Comments

Onkyo system on display in Japan
Onkyo system on display in Japan [PHOTO: The Nikkei]

BREAKING NEWS

Today in Osaka District Court in Osaka, Japan, Onkyo Home Entertainment Co. Ltd. (formerly Onkyo Corp.) filed for bankruptcy ending a long and storied history of innovative audio products. The action was taken less than a month after the company declared bankruptcy for two of its major subsidiaries in April. Now, the parent company has fallen as well…

See more on the Onkyo bankruptcy…

[Read more…] about Final Curtain Falls as Main Onkyo Company Declares Bankruptcy

Filed Under: Financial, Industry Trends, Management, Manufacturers, News, Strategy Tagged With: bankruptcy, Onkyo, Takeshi Godai

As Economy Rebounds, Emerald Expo Books Strong Fiscal 1st Quarter Results

May 10, 2022 by Ted Leave a Comment

2021 CEDIA Expo owned by Emerald Expositions
The 2021 CEDIA Expo, owned by Emerald Expositions [Click to enlarge]

Value of EEX Stock Increases Nearly 19% on the Announcement

Emerald Holding Inc., the parent company of Emerald Expositions, a division that owns the CEDIA Expo trade show and CEPro media, announced its results for the first quarter of its fiscal 2022 year today – and these results clearly showed a strong rebound from the last two COVID-19 impacted years. With both revenues and earnings showing substantial increases, Emerald’s President and CEO Hervé Sedkey stated that “…we are in the midst of a robust recovery.”

See more on the Emerald first quarter 2022 results

[Read more…] about As Economy Rebounds, Emerald Expo Books Strong Fiscal 1st Quarter Results

Filed Under: Brands, Financial, Industry Trends, Integrators, Management, Media, News, Shows & Events Tagged With: CE Pro, CEDIA Expo, Emerald Expositions, Emerald Holding Inc., financial results

Crestron Research Center is Renamed in Honor of Founder George Feldstein

May 3, 2022 by Ted 1 Comment

Crestron dedication of the George Feldstein Technology Center

In the summer of 2019, just months before the onset of COVID-19, Crestron Electronics, Inc. (Crestron) invited me to tour several of their facilities, including the lab at the heart of almost everything they do…the Research Center. It was beyond impressive, and I’ve been in some really impressive labs in my career. At the time, I said it was “like Disneyland for geeks.” That includes geeks like me!

Now, in honor of the company’s founder, Crestron has renamed the facility the George Feldstein Technology Center. This is a fitting tribute to the man who spent his days there constantly tinkering with new products, product concepts, and technology.

See more on this Crestron announcement

[Read more…] about Crestron Research Center is Renamed in Honor of Founder George Feldstein

Filed Under: Management, Manufacturers, News, People, Shows & Events, Tech Trends, Technology Tagged With: Crestron, Crestron Electronics, George Feldstein

Tampa Integrators Angered as Supplier Becomes Competitor

April 28, 2022 by Ted 8 Comments

DOW Technologies logo

Owners of Distributor DOW Technologies Launch Integrator SMARTSolutions

For years, many Tampa, FL-area integrators relied upon distributor Dow Technologies as a valued supply partner for the technology solutions they needed to complete their system designs and installations. But not long ago, the owners of Dow Technologies acquired an integration business and merged it with their existing satellite installation business to create a new Tampa integrator they call SMARTSolutions – and now many of those same integrators say a partner…has become a competitor. And they are quite angry about it…

See more on Tampa integrators and Dow Technologies

[Read more…] about Tampa Integrators Angered as Supplier Becomes Competitor

Filed Under: Distributors, Integrators, Management, News, Strategy Tagged With: Chip Yodzis, conflict of interest, DOW Electronics, DOW Technologies, Jaret Nichols, John Yodzis, SMARTSolutions, Tampa Bay Electronic Systems

Smart Savant 3-Point Strategy to Beat Supply Chain Shortages and Fill Orders

April 21, 2022 by Ted Leave a Comment

Savant President JC Murphy

I’m not sure that anyone in Tech has done more than Strata-gee to report on the issue of the failing supply chain and its at times ruinous impact on our industry. My very first report on the supply chain – AKM Fire: 2020 was Almost Over, Then Disaster Struck Again – is the second most-read story I’ve ever written in my life. I had always assumed that the issue was so big that everyone was affected equally.

But then I discovered, almost by accident, that one company has a clever strategy to beat the shortages. That company is Savant, and their strategy is equal parts brilliant…and a bit insane.

See how Savant has mostly beaten the supply chain shortage that bedevils other brands…

[Read more…] about Smart Savant 3-Point Strategy to Beat Supply Chain Shortages and Fill Orders

Filed Under: Brands, Integrators, Management, Manufacturers, News, Strategy, supply chain Tagged With: chip shortage, J.C. Murphy, JC Murphy, Savant

Osaka District Court Approves Onkyo Bankruptcy Petition for Two Subsidiaries

April 20, 2022 by Ted 4 Comments

Onkyo Home Entertainment Co. Ltd. (Onkyo) has announced that its two consolidated subsidiaries – Onkyo Sound Co. Ltd. (ONS) and Onkyo Marketing Co. Ltd (OMC) – have filed for bankruptcy. The company said that it had petitioned the court to begin bankruptcy proceedings for these divisions and has received judicial approval to begin the bankruptcy process from the Osaka District Court in Osaka, Japan.

See more on the bankruptcy of these Onkyo subsidiaries

[Read more…] about Osaka District Court Approves Onkyo Bankruptcy Petition for Two Subsidiaries

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Strategy Tagged With: 11 Trading Company, bankruptcy, Klipsch, Onkyo, Premium Audio Company, Sharp, Voxx International

Snap One Says Selling to All 4 Buying Groups Shows Commitment to Integrators

April 14, 2022 by Ted Leave a Comment

Snap One website page

Snap One announced today that they are now selling to all four major custom integration buying groups (they called them “all four major CEDIA U.S. buying groups”) and that fact shows their commitment to their “integrator partners.” The company says it is now allied with Azione Unlimited, HTSA, HTSN, and ProSource “…as a key part of its long term strategy to help dealers succeed.”

Learn more about this strategy by Snap One

[Read more…] about Snap One Says Selling to All 4 Buying Groups Shows Commitment to Integrators

Filed Under: Brands, Integrators, Management, News, Sales, Strategy Tagged With: Azione Unlimited, HTSA, HTSN, ProSource, Snap One

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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