VENTURE
Bridging The Value Gap Venture Corporation Limited Online Annual Report 2004

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HOME | BRIDGING THE VALUE GAP


OVER THE PAST DECADE OR MORE, THE ELECTRONICS BUSINESS HAS GROWN EVER MORE COMPLEX. VALUE CHAINS HAVE GROWN LONGER, CONNECTING A GREATER DIVERSITY OF PROCESSES. INCREASINGLY, THE WORLD'S LEADING ELECTRONICS BRANDS HAVE COME TO DEPEND ON EXTERNAL PROVIDERS FOR A VAST RANGE OF SERVICES TO BRIDGE THE GAPS THAT APPEAR IN THEIR OWN OPERATIONS AS COMPLEXITY PROLIFERATES.

Venture was among the earliest service providers to anticipate this trend and reinvent itself. When original equipment manufacturers (OEMS), finding that successful management of their growing value chains was putting a strain on their in-house resource pool, began looking for external solutions, Venture was ready to provide them. As the classic OEM value-chain model of design, engineering, manufacturing and marketing mutated under the influence of competition to include a variety of factors such as globally-distributed manufacturing and marketing, outsourcing of support services and the like, Venture would always be one step ahead, ever ready with a capability when needed.

By leveraging this 'bridge-building' ability, Venture has evolved into a highly diversified yet interdependent group of companies with multiple capabilities. Having established connections across so many process-related divisions and boundaries, the group now boasts unparalleled expertise in this area. Key strengths include unrivalled competency in the design of large, complex systems, first-rate efficiency in high-mix business and the ability to deploy a range of superior engineering services.

Today, Venture is right-sized, stable yet agile, quality-focused and globally distributed. Its activities cover the entire spectrum from new product development and introduction to reverse logistics and other value-added services. As the industry recovers from recent reverses, Venture is again poised to deliver good growth and increased shareholder value.