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Kyocera national dealer meeting notes

Held at JW Marriott resort in San Antonio, Texas

  • Included product fair demonstrating print hardware and solutions
    • Around 100 Kyocera employees & 850 attendees representing 225 dealers were present
    • CEO Oscar Sanchez announced an 8 point strategy:
    • Be easiest company to do business with
      • Focus on efficiency and being data centric
    • Provide the most complete product portfolio
      • Currently focusing on A3 models due to supply chain issues
      • New chip being developed for A4 models that will be available in 3 or 4 months
      • “We are asking the dealers to be patient for just a few months and the products will be there for them”
      • Is apparently considering making the A4 products “open territory”
  • Create unique production color inkjet system line
    • Claims to have sold 140ea of the existing 15000C model
    • Model is also sold by Ricoh
    • Only 23 Kyocera dealers are currently selling
    • More models coming out based on engine in the 15000C
    • Will have large booth at the upcoming Printing United Expo production print trade show in 10/2022 in Las Vegas, Nevada
    • Streamlining software products into core groups:
      • Capture
      • Manage
      • Output
  • Leverage the Databank acquisition expertise for professional services
  • Create a white label manage IT services division
  • Help dealers create e-commerce capabilities
  • Develop a flat rate subscription services model (aka 1Rate)
  • Frank Zupa, VP of Customer Operations:
    • Trucking rates up by greater than 10%
    • Inbound freight durations 25 to 80 days
    • Port and rail congestion up by more than 100X
    • Container shipping costs $1,300 to $20,000
    • $53 million of backorders in system
      • $40 million of which is tied up in shipping containers
  • Motivational speaker was former NBA player, Magic Johnson
  • Second day included an open mic forum for dealers to ask questions of Kyocera executives on stage
  • Breakout sessions included:
    • Setting up e-commerce solution
    • Attracting and retaining sales talent
    • Flat rate subscription services and monthly recurring revenue
  • Announced new Dealer Engagement Council with regional roundtables
  • Event included visit to Knibbe Ranch of Texas, which is a working beef cattle ranch, with dinner, rodeo and live band

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