Hikvision expands EDC to facilitate boisterous growth
An interview with Mark Beumer, Vice-President Operations at Hikvision, by Marcel te Lindert
With Hikvision’s revenue increasing by between 25 and 35% each year, the primary aim of the company’s European distribution center (EDC) is to facilitate that boisterous growth. The manufacturer of security cameras is tripling its storage space in the hope of readying itself for at least the next seven years. Groenewout has advised the company on the design of the warehouse design and the logistics processes. Mark Beumer, Vice-President Operations at Hikvision: “We now view our operation differently.”
Hikvision invests over 7% of its revenue back into product development every year. With an annual turnover of more than US$6 billion, that amounts to a substantial innovation spend. As a result, the Chinese manufacturer of security cameras, access controllers and alarm systems is the market leader and its product range is growing all the time. “We’ve already got our own drones and robots, for example,” says Mark Beumer, Vice-President Operations at Hikvision Europe.
Hikvision has grown explosively since being founded in 2001, and the annual growth rate has been between 25 and 35% for the past ten years. That is well above the market average, which means that Hikvision has secured a substantial market share. “That’s thanks not only to our innovativeness, but also to the excellent price-quality ratio of our products. So that’s what forms the basis for our market leadership both in Europe and worldwide,” Beumer states.
50 years of experience
Consulting firm with over 50 years of experience.
Availability of a European logistics database with benchmark figures on transportation and warehouse costs.
Full scope expertise on network design, as well as warehouse design (conceptual layout, logistics - and storage equipment) and logistics building design (engineering and investment calculations).
Ability to support implementation of new logistics concepts (70% of Groenewout revenue is with existing customers in follow-up/implementation projects.
Extensive operational knowledge, hands-on, pragmatic and bottom-up approach.