Group m consolidating print buying operations
He said: "We do not want to return to the complacent computing days when suppliers were IBM, NCR and Unisys.
It took DEC to break up the ancient computer world with its PDP and VAX systems and offering sophisticated systems in economic packages." Today's CIO Jury was...
Media planning agencies such as Group M have lost some relevance for brands as automated buying has grown.
The WPP group is likely trying to enhance its value for brands by partnering more tightly with them around their targeting strategy, something other agencies are also trying to do.
She added that the consolidation will include an expansion of the Springettsbury Township facility, though those details have not been finalized. The consolidation, referred to in the news release as a "multiyear manufacturing optimization initiative," is expected to cost the company 0 million to 0 million in restructuring and consolidation costs and million in capital investments during the next two years.
Rather than dissolving its programmatic buying arm, Xaxis, as Publicis Groupe did with Viva Ki, Group M has positioned Connect as a complementary sister entity to Xaxis.
He said: "Consolidation should push costs down as a result of scale but it doesn't.
It increases marketing spend to support monopoly practices and power." Ted Woodhouse, director of IT strategy at Leeds Teaching Hospitals NHS Trust, said: "My experience is that anything that reduces competition is, by and large, bad for the customer. Which is, of course, from the suppliers' point of view, one reason why M&As are happening." But not everyone agreed.
Facing a continued drop in motorcycle sales, Harley-Davidson announced it will be consolidating manufacturing operations from its Kansas City plant into its plant in Springettsbury Township.
The company is expected to add 450 full-time casual and contracted employees in York County during the next 18 months, according to spokeswoman Bernadette Lauer.
About 800 employees currently work at the Kansas City plant, and some salaried employees will be offered positions in York, Lauer said.