JVC 2013 Annual Report Download - page 13

Download and view the complete annual report

Please find page 13 of the 2013 JVC annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 44

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44

2) Integration of overseas sales companies
To improve the efficiency of its overseas sales system and strengthen its competitiveness, the JVCKENWOOD Group
is promoting the integration of overseas sales subsidiaries and offices of the former JVC and the former Kenwood.
As a result, the number of the Groupʼs sales subsidiaries decreased to about 30 as of the end of March 2013 from
approximately 40 as of the end of March 2012. We will continue to integrate overseas sales companies and offices
in line with the new mid-term business plan.
3) Consolidated value chain innovations
In line with the new mid-term business plan, the JVCKENWOOD Group will promote consolidated value chain
innovations under a structure composed of the four business groups and Company-wide task forces. The aim is
to increase the value added of the operating processes of each business segment and eventually raise the entire
Groupʼs corporate value.
As a result, we will innovate the consolidated value chain, which consists of production and procurement, sales
and marketing, logistics and services, and design and quality control, reduce inventories and waste, shorten lead
times from the sales division receiving orders to shipment from plants, reduce procurement costs, and minimize
market defect rates. Furthermore, we will establish a structure that can rapidly provide substitute measures in case
the supply chain is disrupted by disasters, such as the Great East Japan Earthquake and Thai floods, and other
emergencies.
Formulation
of plan
Production, sales,
inventory adjustments
Crisis management
process
Termination
process
Launch of
new products
process
Regular cycle
Crisis countermeasures
meeting
Idea
Development
Design
Trial manufacture/
inspection
Production, sales and
inventory planning
meetings
Purchase
Production
Logistics
Sales
Products
Formulation
of plan
End customers
11
JVC KENWOOD Corporation
Management Policy and Business Strategy