Encompass Supply Chain Solutions announced a three-year agreement to provide repair parts support for Liebherr’s residential and commercial refrigerators and freezers. Encompass will now manage the parts supply chain for their home refrigeration line, including a portfolio of freestanding, fully-integrated, column and under the counter units for refrigeration, freezing and wine. The Encompass agreement includes parts forecasting, procurement, warehousing, distribution…
Dentsu is taking data from Sharp appliances to harvest consumer insights and tailor digital advertising. Connected devices with sensors have the ability to report back on what they sense but don’t have full potential yet. This type of data is still in the very early stages for marketing. Do connected devices with sensors that report back on what they sense…
Demand combined with COVID-19-related supply issues, is causing significant shortages and price increases for products used in residential remodeling and construction. The rising cost of materials is tied to supply chain issues impacting the kitchen and bath market. Home builders are limiting new-home sales in an effort to manage supply, while some kitchen design firms are seeking alternative sources. That’s…
According to Whirlpool (WHR) which despite the inflationary profit headwind, the appliance maker reports to be significantly profitable and sees a long runway for further profit growth. Whirlpool is crediting it to continuing to fine tune their supply chain and also taking 5% to 12% price increases earlier this year. “We have raised prices across the globe and we feel…
Companies like Electrolux, Swedish home appliance maker hikes prices as costs for raw materials have risen and that it expects a shortage of electronics components to worsen. Costs for raw materials, electronic components and logistics are increasing further which will probably have a negative impact of increased raw material costs, tariffs and labor costs. “The market for electronic components is…
