« Tonight at the Taos in Las Vegas | Main | EMA wishes to express its heartfelt condolences to Faruque Ahmed's family and friends on their lost. »

July 12,2006

Home Entertainment Giants Adopt New Approach to Retail

 For a number of years,
suppliers and retailers have benefited from collaborative
partnerships embodied in vendor managed inventory (VMI) and
collaborative planning, forecasting and replenishment (CPFR)
programs. This has helped them to achieve increased
inventory productivity and higher revenue, and to minimize
lost sales. Once considered radical innovations, such
programs are fast becoming standard operating procedure, a
basic requirement for maintaining "high value" status in the
retail channel.

Sweeping changes like radio frequency identification (RFID)
and shelf-level inventory management are posing new
challenges for these efforts. "The immense volume of
information required for continuous replenishment presents
some real problems," says Jay Ennesser, IBM's vice president
of Cross-Industry Alliances. "As these programs mature and
expand to support more customers, companies are also faced
with the challenge of continually innovating and increasing
the value they bring to the relationship. They must
continually improve their processes and performance, and
often that means finding new solutions that can create
significant value by optimizing profitability at the shelf."

An emerging leader in the effort to help suppliers turn
these challenges into competitive advantages is Los
Angeles-based WebConcepts. It is quickly becoming a driving
force in the industry's transformation of supply-chain
management standards. This is due largely to the company
founder, an innovative problem-solver bent on providing
optimal solutions.

"My goal is to enable both suppliers and retailers to make
the most of the space they have," says Ray Young, founder of
WebConcepts. "Traditionally, people focused on product
optimization. In today's world, retailers focus on how much
they can make per square-foot. We help them maximize their
revenue by focusing on shelf optimization."

When a consumer purchases a product, the retailer can
immediately track information about the sale, including the
location from which it was selected. Pinpointing sales and
inventory activity enables suppliers to optimize
replenishment and category-management efforts.

Utilizing WebConcepts' solutions, companies are finding it
easier to manage the increasingly complex task of
replenishing multiple retailers and improving inventory
performance. Young's eVMI solution allows for expert
distribution of products and tracking the like of which the
industry has never before seen. Responding hourly to
critical inventory details, suppliers can make sure their
products flow correctly, and stores can keep hot-ticket
items on the shelf.

"If someone walks into a store to buy a new DVD and the
shelf is empty, then the store and possibly the manufacturer
lose money," explains Young. "Efficient, detail-level
planning and replenishment makes these losses avoidable, but
every retail partner has different requirements, standards
and expectations. eVMI has been immensely successful in
helping suppliers and retailers improve customer service and
realize an impressive return on investment. One of eVMI's
best features is that it's highly configurable. Costly
customization just isn't required."

Young explains that the goal of never losing a sale while
pushing inventory efficiency to very high levels is now
realistically within reach, because their products are
designed to handle massive amounts of highly granular
information quickly and efficiently.

"Sony absolutely has to manage title replenishment at the
lowest level of detail, as accurately and as rapidly as
possible," says David Cortese, vice president of information
technology at Sony Pictures Home Entertainment. "It's an
incredible challenge to do this for 60 retailers, but
WebConcepts' eVMI has proven itself more than capable of
doing the job for us."

WebConcepts is making an impressive mark on the
home-entertainment industry, landing such respected clients
as Paramount Pictures, MGM Studios, Sony Pictures, and
Disney. Knowing that their solutions will be of tremendous
value to other segments of the consumer-products industry,
as well, the company is expanding its horizons.

"Our applications provide solutions to both current and
emerging needs," adds Young. "We are bringing the
supply-chain management system into the twenty-first
century, ensuring it is better aligned with consumer
demands. From the feedback we've received, our customers
couldn't be happier."

Six New Governors Elected to AMPAS Board; Eight Incumbents Returned

Six new governors, three of them serving for the first time, have been elected to represent their branches on the Board of Governors of the Academy of Motion Picture Arts and Sciences. Eight incumbent governors were reelected.

Newcomers to the board are Rob Epstein, documentary branch; Mark Goldblatt, film editors; and James L. Brooks, writers. Returning to the board after a hiatus are Paul Mazursky, directors; Mark Johnson, producers; and Bill Taylor, visual effects.

Incumbent governors reelected to another term are Ed Begley Jr., actors branch; Jeannine Oppewall, art directors; Caleb Deschanel, cinematographers; Tom Sherak, executives, Bruce Broughton, music branch; Cheryl Boone Isaacs, public relations; Jon Bloom, short films and feature animation; and Kevin O’Connell, sound.

Each of the Academy’s 14 branches is represented by three governors who may serve up to three consecutive three-year terms. Terms are staggered so that each branch elects or reelects one governor each year.

Governors who were not up for reelection and who continue on the board are: Kathy Bates and Tom Hanks, actors branch; Rosemary Brandenburg and Albert Wolsky, art directors; Roger Deakins and Owen Roizman, cinematographers; Curtis Hanson and Alexander Payne, directors; Michael Apted and Freida Lee Mock, documentary; Jim Gianopulos and Robert Rehme, executives; Donn Cambern and Tom Rolf, film editors; Charles Bernstein and Arthur Hamilton, music; Kathleen Kennedy and Hawk Koch, producers; Sid Ganis and Marvin Levy, public relations; Carl Bell and John Lasseter, short films and feature animation; J. Paul Huntsman and Donald C. Rogers, sound; Craig Barron and Jonathan Erland, visual effects; and Fay Kanin and Phil Alden Robinson, writers.

# # #

New and existing Hertz #1 Club and #1 Club Gold members are automatically entered into the drawing each time they rent a vehicle from any participating Hertz location using their membership number. The contest is open to Canadian residents who are at least 21 years old. Rentals must take place by October 15, 2006 to be eligible for entry.

Hertz #1 Club offers members expedited reservations and rentals at airport and off-airport locations nationwide, special savings on rentals, including "Members only" discounts for each reservation, promotional offers for weekly and weekend rentals, and the opportunity to earn free rentals. Membership in the Hertz #1 Club is free.

Hertz #1 Club Gold program offers all the features of #1 Club membership and more, including the ability to bypass the rental counter altogether or to stop at a special #1 Club Gold counter to pick up rental keys and a preprinted rental contract for an expedited rental process. Membership in #1 Club Gold costs $50 annually.

Hertz #1 Club and #1 Club Gold members may alternately enter the drawing by mailing their name, e-mail address, mailing address and #1 Club or #1 Club Gold membership number to: Hertz #1 Club Germany Draw, 5403 Eglinton Ave., West, Toronto, Ontario, M9C 5K6. Only one mail-in entry is allowed per envelope. Entries must be received by October 15, 2006.

The drawing will award one prize of a seven-day, six-night trip for two to Germany, which includes round-trip transportation on Air Canada, a six-night hotel stay and a seven-day Hertz car rental. Chances of winning depend on the total number of eligible entries received.

For more information on the Hertz #1 Club or #1 Club Gold, customers can call Hertz toll-free at 800-263-0600, 800-263-0678 in French, or visit www.hertz.ca.

Hertz operates from 7,600 locations in approximately 150 countries.

FINAL DRAFT™AV 2.5.2 UPDATE RELEASED
Provides Universal Support for Macs® with Intel Core Processors

– Final Draft, Inc., (www.finaldraft.com) today announced the immediate availability of the Final Draft AV 2.5.2 update to its dedicated multi-column script processor specifically designed for writing commercials, corporate videos, documentaries, presentations, DV shorts, etc. This release includes Universal Binary support for PowerPC and Intel-based Macs. Current Final Draft AV 2.5 users can download the 2.5.2 update for free. Registered users of previous versions of Final Draft AV may upgrade to the current version for $49.00 (USD). Final Draft AV 2.5 is available worldwide for $199.00 (USD). The software includes versions for both Macintosh and Windows.

About Final Draft, Inc.


Final Draft, Inc. was founded in 1991 to develop a scriptwriting program that allows the writer to concentrate on the creative process and not on Hollywood's stringent formatting rules. Since then, Final Draft has become the Hollywood professional's choice and the world's #1-selling scriptwriting program.

Final Draft is the software of choice of such industry giants as Alan Ball, Tom Hanks, Oliver Stone, J.J. Abrams and James Cameron.

Television shows such as “The Sopranos,” “Lost,” “Entourage” and “Desperate Housewives,” feature films such as “Cold Mountain,” ” Lost in Translation,” “The Incredibles,” “Sideways,” “Batman Begins” and any of the “Lord of the Rings,” “Harry Potter” and recent “James Bond” movies are all the results of scripts written with Final Draft.

Final Draft, Inc. is the recipient of the first Script P.I.M.P. Screenwriter’s Choice Award and the WriteMovies Award for Technical Achievement.

Final Draft AV received Videomaker Magazine’s 2005 award for Best Production Planning Software.

The company's headquarters is in Calabasas, California. More information about the company and its products is available at www.finaldraft.com.

###

Final Draft and Final Draft AV are registered trademarks of Final Draft, Inc.

83 Countries Invited to Submit Foreign Language Films for 2006 Oscar®

— The Academy of Motion Picture Arts and Sciences today invited 83 countries to ubmit films for consideration in the Foreign Language Film category for the 79th Academy Awards®.

To qualify for the 2006 awards year, a film must be released in the submitting country between October 1, 2005 and September 30, 2006 and be publicly screened in 35mm or 70mm film for at least seven consecutive days in a commercial motion picture theater.

The dialogue track must be predominantly in a language or languages other than English. Accurate English subtitles are required.

Entry forms must be received at the Academy by Monday, October 2, 2006, and film prints must be received by Friday, October 13. Only one picture will be accepted from each country.

Since the category’s establishment in 1956, 102 different countries have submitted films to compete for the Oscar for Best Foreign Language Film. The 1956 award went to Italy for “La Strada.”

Most recently, the South African film “Tsotsi” won the Oscar over a field of nominated films from France, Germany, Italy and the Palestinian Territories.

The republics of Azerbaijan and Kyrgyzstan will receive this year their first invitation to participate.

Countries that have not received letters of invitation and are interested in submitting a film for consideration should contact Awards Coordinator Torene Svitil at (310) 247-3000, ext. 116 or via e-mail at tsvitil@oscars.org.

Academy Awards for outstanding film achievements for 2006 will be presented on Sunday, February 25, 2007, at the Kodak Theatre at the Hollywood & Highland Center© and will be televised live by the ABC Television Network.

# # #


Hosting by Yahoo!
[ Yahoo! ] options