The idea of a supply chain for a business sharing 'content' used to be so simple. But it’s not just digitization that’s shaken up the natural order of creator, publisher, retailer and consumer. It’s the way we think of middlemen.
Twenty years ago the web promised a relentless march of disintermediation. For publishers, often seen as the classic middle-man, the prospect was scary. But all has not been lost…
Over the past few weeks we have written about the journey towards corporate virtualization that many media & entertainment businesses have been on over the past 10 years.
Learn how Proxima applied their catalytic thinking right across a multi-billion dollar publishing client, getting right to the heart of what mattered to our client - the level of engagement with gamers. Proxima was able to broaden the supply base which greatly reduced risk and reduced the agency cost base by over 30%, money which could be immediately reinvested in the business.
With the average media & entertainment business spending twice as much on suppliers than on its own people, we thought we would share some of our industry insights on the benefits of successfully getting your suppliers under control and offer a real life example of this happening at leading video game publisher – Activision Blizzard.
Business has changed - driven by globalization, technology and changing consumer habits. Executives have had to rapidly adapt their business models, products, and distribution channels in response to these groundswell changes. But the implications of these unstoppable forces don’t stop there. Another impact is that suppliers today are providing an ever-increasing proportion of business activities, many of which used to be delivered by direct employees and internal operations.
Did you know: The average media & entertainment business spends twice as much on suppliers than its own people?
CHICAGO, IL - January 21, 2014 - Proxima, a leading international procurement services provider, today announced that the company has launched a formalized effort to help companies in the media and entertainment sector better manage outside suppliers and costs by expanding its online resources to include content, analysis and insight specific to the industry.
The media sector, along with many other sectors around the world, is experiencing a shift in where talent and expertise now sits within a business...
With pressure to control costs mounting, Activision Blizzard turned to Proxima in 2012 to better manage costs, supplier and partner relationships and sourcing efforts more efficiently. And in just over a year, the partnership yielded significant savings to the business.|
Nick Jenkinson [NJ], Head of Procurement at A&N Media (the B2C division of Daily Mail and General Trust) discusses procurement's changing proposition from process hungry ‘road-blockers’ to customer focused ‘Commercial Enablers’.
Universal Music and Proxima teamed up at ProcureCon to present the rationale for outsourcing procurement and what the experience was like from Universal Music's perspective.
In the first part of our interview Tom Kinnaird [TK], Head of Commercial and Procurement Service at WPP concluded with a lengthy discussion around talent management. We now delve deeper into the procurement life cycle, stakeholder engagement and being seen as a value adding operation.
Tom Kinnaird [TK], Head of Commercial and Procurement Service at WPP discusses how applying a pragmatic approach to procurement can achieve high levels of compliance and improve stakeholder engagement.
During times of boom in the media sector, effective procurement was a 'nice to have'. Now, it is playing an essential role in enabling operators to face challenges, survive and thrive.
LONDON, UK – 01 March 2011. Proxima, Europe’s largest procurement outsourcing specialist, today announced the renewal of its partnership with Universal Music UK, signing an extended three-year contract worth in excess of US$2 million.