Celestica Hit by RIM's Dwindling Popularity
Toronto-based Celestica announced today its plans to wind down manufacturing services for Research in Motion over the next three to six months. Said to be a part of RIM’s plans to cut down on manufacturing and supply chain costs, Celestica plans to work closely with the BlackBerry maker throughout the transition.
Due to this manufacturing wind down, Celestica will restructure its operations—a cost that is not to exceed $35 million. Although little information has been released, Celestica will announce more on what this means for the company this upcoming Friday at its second quarter results announcement. Celestica did release its anticipated second quarter revenue results expected to be in the range of $1.65 to $1.75 billion.
This partnership end shows RIM is still struggling to survive throughout this year. With the announcement of the discontinuation of its BlackBerry PlayBook 16GB version earlier this month it seems RIM is going out of its way to cut costs while focusing on the few money making products it has left.
SEE RELATED STORIES FROM THE WDM CONTENT NETWORK:
But there’s not all bad news for RIM. The company showed off its highly anticipated (and long awaited) BlackBerry 10 platform at its 2012 BlackBerry World Conference. RIM states that it is still on track to launch its BlackBerry 10 platform in the second half of 2012.
“RIM is going through a significant transformation as we move towards the BlackBerry 10 launch, and our financial performance will continue to be challenging for the next few quarters,” said RIM President and CEO Thorsten Heins in late May.
Will we see fruitful financial results from RIM’s cost cutting techniques or are these plans coming just a little too late? Additionally, many are still skeptical on how the BlackBerry 10 will perform within the highly competitive smartphone market and whether it will be RIM’s saving grace. What’s definite is RIM will have to fight hard in 2012 to avoid what some see as the company’s inevitable end.
Intelliwave SiteSense boosts APTIM material tracking
“We’ve been engaged with the APTIM team since early 2019 providing SiteSense, our mobile construction SaaS solution, for their maintenance and construction projects, allowing them to track materials and equipment, and manage inventory.
We have been working with the APTIM team to standardize material tracking processes and procedures, ultimately with the goal of reducing the amount of time spent looking for materials. Industry studies show that better management of materials can lead to a 16% increase in craft labour productivity.
Everyone knows construction is one of the oldest industries but it’s one of the least tech driven comparatively. About 95% of Engineering and Construction data captured goes unused, 13% of working hours are spent looking for data and around 30% of companies have applications that don’t integrate.
With APTIM, we’re looking at early risk detection, through predictive analysis and forecasting of material constraints, integrating with the ecosystem of software platforms and reporting on real-time data with a ‘field-first’ focus – through initiatives like the Digital Foreman. The APTIM team has seen great wins in the field, utilising bar-code technology, to check in thousands of material items quickly compared to manual methods.
There are three key areas when it comes to successful Materials Management in the software sector – culture, technology, and vendor engagement.
Given the state of world affairs, access to data needs to be off site via the cloud to support remote working conditions, providing a ‘single source of truth’ accessed by many parties; the tech sector is always growing, so companies need faster and more reliable access to this cloud data; digital supply chain initiatives engage vendors a lot earlier in the process to drive collaboration and to engage with their clients, which gives more assurance as there is more emphasis on automating data capture.
It’s been a challenging period with the pandemic, particularly for the supply chain. Look what happened in the Suez Canal – things can suddenly impact material costs and availability, and you really have to be more efficient to survive and succeed. Virtual system access can solve some issues and you need to look at data access in a wider net.
Solving problems comes down to better visibility, and proactively solving issues with vendors and enabling construction teams to execute their work. The biggest cause of delays is not being able to provide teams with what they need.
On average 2% of materials are lost or re-ordered, which only factors in the material cost, what is not captured is the duplicated effort of procurement, vendor and shipping costs, all of which have an environmental impact.
As things start to stabilise, APTIM continues to utilize SiteSense to boost efficiencies and solve productivity issues proactively. Integrating with 3D/4D modelling is just the precipice of what we can do. Access to data can help you firm up bids to win work, to make better cost estimates, and AI and ML are the next phase, providing an eco-system of tools.
A key focus for Intelliwave and APTIM is to increase the availability of data, whether it’s creating a data warehouse for visualisations or increasing integrations to provide additional value. We want to move to a more of an enterprise usage phase – up to now it’s been project based – so more people can access data in real time.