{"id":2689,"date":"2020-02-25T10:52:41","date_gmt":"2020-02-25T16:52:41","guid":{"rendered":"https:\/\/www.mhisolutionsmag.com\/?p=2689"},"modified":"2020-12-11T15:08:05","modified_gmt":"2020-12-11T21:08:05","slug":"industry-focus-consumer-electronics","status":"publish","type":"post","link":"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/","title":{"rendered":"Industry Focus: Consumer Electronics"},"content":{"rendered":"\n

Consumer electronics is a vast, well-established category. But it also is one that is undergoing dramatic changes, some of which ultimately trickle down to supply chains.<\/strong><\/p>\n\n\n\n

By Sandy Smith<\/em><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Consumer electronics is a vast, well-established category. But it also is one that is undergoing dramatic changes, some of which ultimately trickle down to supply chains.<\/p>\n\n\n\n

The industry is expected to grow at a three percent rate through 2021, according to the data and analytics firm NPD Group. That is “notable for a mature market where consumers are not replacing or repurchasing tech items at the same rate they did in prior years,” wrote Stephen Baker, the analyst covering the industry for NPD.<\/p>\n\n\n\n

Smartphones are ground zero for the slowdown of replacement products. These days, users typically hold on to their smartphones for a little more than two-and-a-half years. But consider that the smartphone is only 12 years old, something that Apple CEO Tim Cook pointed to when asked if the market was reaching maturity. Twelve-year-olds are not inherently mature, was Cook\u2019s point.<\/p>\n\n\n\n

WHETHER IT\u2019S MATERIAL HANDLING IN THE WAREHOUSE OR DELIVERY TO THE CONSUMER, IT WOULD BEHOOVE US TO LOOK TO OTHER INDUSTRIES THAT HAVE BEEN CONTENDING WITH THESE KINDS OF CHALLENGES FOR SOME TIME.<\/p> \u2014CARLO MALAGUTI, TECSYS <\/cite><\/blockquote><\/figure>\n\n\n\n

Whether the smartphone market will again return to creating the kind of product that demands we upgrade annually remains to be seen. But the devices themselves, along with others that we hold closely (literally and figuratively) are changing every aspect of life. Ring doorbells have become a valued tool in crimefighting, but those same Ring cameras in homes have proven to be hackable.<\/p>\n\n\n\n

And that perhaps more than anything points to two major trends behind consumer electronics: Everything is a consumer electronic these days; and security remains a vital concern throughout the entire lifecycle.<\/p>\n\n\n\n

Beyond those industry-specific challenges, however, some of the issues facing consumer electronics will seem familiar, said Carlo Malaguti, senior supply chain applications specialist, warehouse, for MHI member Tecsys, a supply chain management software firm.<\/p>\n\n\n\n

Read more…<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Consumer electronics is a vast, well-established category. But it also is one that is undergoing dramatic changes, some of which ultimately trickle down to supply chains.<\/p>\n","protected":false},"author":46,"featured_media":2690,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,10,872],"tags":[1245,1247,1254,1253,1250,1249,865,1256,442,1902,1244,1255,1252,1243,75,1248,1246,1251],"class_list":["post-2689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","category-industry-trends","category-manufacturing-dcs","tag-apple-ceo","tag-carlo-malaguti","tag-double-deep-racking","tag-forklifts","tag-forrester","tag-global-market-insights","tag-industry-trends","tag-limited-access-vertical-carrousels","tag-mhi-solutions","tag-mhi-solutions-magazine","tag-npd-group","tag-rfid-technology","tag-ring-doorbell","tag-stephen-baker","tag-tecsys","tag-the-state-of-us-consumers-and-technology","tag-tim-cook","tag-wipro"],"yoast_head":"\nIndustry Focus: Consumer Electronics - MHI Solutions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industry Focus: Consumer Electronics - MHI Solutions\" \/>\n<meta property=\"og:description\" content=\"Consumer electronics is a vast, well-established category. But it also is one that is undergoing dramatic changes, some of which ultimately trickle down to supply chains.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/\" \/>\n<meta property=\"og:site_name\" content=\"MHI Solutions\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-25T16:52:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-11T21:08:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2020\/02\/shutterstock_639823438.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"772\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Melinda Runkle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Melinda Runkle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/\",\"url\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/\",\"name\":\"Industry Focus: Consumer Electronics - MHI Solutions\",\"isPartOf\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2020\/02\/shutterstock_639823438.jpg\",\"datePublished\":\"2020-02-25T16:52:41+00:00\",\"dateModified\":\"2020-12-11T21:08:05+00:00\",\"author\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/75c7b64e8c837441fbd28bb800c1252c\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/#primaryimage\",\"url\":\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2020\/02\/shutterstock_639823438.jpg\",\"contentUrl\":\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2020\/02\/shutterstock_639823438.jpg\",\"width\":1200,\"height\":772},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.mhisolutionsmag.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Industry Focus: Consumer Electronics\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#website\",\"url\":\"https:\/\/www.mhisolutionsmag.com\/\",\"name\":\"MHI Solutions\",\"description\":\"Improving Supply Chain Performance\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.mhisolutionsmag.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/75c7b64e8c837441fbd28bb800c1252c\",\"name\":\"Melinda Runkle\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/92959c758b90d2ef7150661fcf30fefe1962b390dd4d94d9cf21ec6ca8e79af7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/92959c758b90d2ef7150661fcf30fefe1962b390dd4d94d9cf21ec6ca8e79af7?s=96&d=mm&r=g\",\"caption\":\"Melinda Runkle\"},\"url\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/author\/mrunkle\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Industry Focus: Consumer Electronics - MHI Solutions","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/","og_locale":"en_US","og_type":"article","og_title":"Industry Focus: Consumer Electronics - MHI Solutions","og_description":"Consumer electronics is a vast, well-established category. But it also is one that is undergoing dramatic changes, some of which ultimately trickle down to supply chains.","og_url":"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/","og_site_name":"MHI Solutions","article_published_time":"2020-02-25T16:52:41+00:00","article_modified_time":"2020-12-11T21:08:05+00:00","og_image":[{"width":1200,"height":772,"url":"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2020\/02\/shutterstock_639823438.jpg","type":"image\/jpeg"}],"author":"Melinda Runkle","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Melinda Runkle","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/","url":"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/","name":"Industry Focus: Consumer Electronics - MHI Solutions","isPartOf":{"@id":"https:\/\/www.mhisolutionsmag.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/#primaryimage"},"image":{"@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2020\/02\/shutterstock_639823438.jpg","datePublished":"2020-02-25T16:52:41+00:00","dateModified":"2020-12-11T21:08:05+00:00","author":{"@id":"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/75c7b64e8c837441fbd28bb800c1252c"},"breadcrumb":{"@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/#primaryimage","url":"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2020\/02\/shutterstock_639823438.jpg","contentUrl":"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2020\/02\/shutterstock_639823438.jpg","width":1200,"height":772},{"@type":"BreadcrumbList","@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2020\/02\/25\/industry-focus-consumer-electronics\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.mhisolutionsmag.com\/"},{"@type":"ListItem","position":2,"name":"Industry Focus: Consumer Electronics"}]},{"@type":"WebSite","@id":"https:\/\/www.mhisolutionsmag.com\/#website","url":"https:\/\/www.mhisolutionsmag.com\/","name":"MHI Solutions","description":"Improving Supply Chain Performance","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mhisolutionsmag.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/75c7b64e8c837441fbd28bb800c1252c","name":"Melinda Runkle","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/92959c758b90d2ef7150661fcf30fefe1962b390dd4d94d9cf21ec6ca8e79af7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/92959c758b90d2ef7150661fcf30fefe1962b390dd4d94d9cf21ec6ca8e79af7?s=96&d=mm&r=g","caption":"Melinda Runkle"},"url":"https:\/\/www.mhisolutionsmag.com\/index.php\/author\/mrunkle\/"}]}},"_links":{"self":[{"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/posts\/2689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/comments?post=2689"}],"version-history":[{"count":0,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/posts\/2689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/media\/2690"}],"wp:attachment":[{"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/media?parent=2689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/categories?post=2689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/tags?post=2689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}