SAN JOSE, Calif. (PRWEB) December 11, 2008
The Tech Channel Index is a comprehensive set of metrics and projections compiled from over five million weekly point-of-sale and inventory transactions gathered from over 1500 distributors and retailers across 140 countries. Participating Tech Channel Index companies represent over $30 billion in annual channel sales in multiple high tech product categories.
By leveraging this data, Tech Channel Index provides timely electronics industry "bite size" news stories called Channel Pulse about high tech channel performance across European, Asia-Pacific, Emerging Markets, US Retail and other markets. For example, this week's current topic is Black Friday and the impact on US electronics retailer inventory levels.
The current feature article shows that Black Friday put a 27 percent dent in swollen US electronics retailer inventory levels of consumer IT products, information technology products used in the home. However, inventory levels still remain 23 percent higher than last year. While there have been many reports of sales volumes improving over last year, inventories in consumer IT still remain higher than last year. The current feature also illustrates the predictive ability of the Index, showing consistent seasonal patterns with last year. The current pattern indicates that inventory levels will finish at about 9.4 weeks of inventory, 31 percent higher than last year.
The latest Channel Pulse news piece is hosted on the site and is available to all who visit. More in depth topical research and catalogued Channel Pulse stories are available to those who sign up for a free membership to the Tech Channel Index Community. At that point, members also can opt in to receive email notification or subscribe to the RSS feed.
About The Tech Channel Index
The Tech Channel Index creates a single uniform view into high tech channel health with timely and detailed measurement of sales and inventory performance for major and emerging markets across the globe. As of August 2008, Index metrics are derived by aggregating and normalizing over 5 million transactions collected from over 1500 distributors and retailers each week. Participating Index companies represent over $30 billion in annual channel sales in multiple high tech product categories. The basket of products participating in the Index have been tested and benchmarked against established economic standards and have been found to accurately represent spending on Enterprise IT, Consumer IT and Software. This approach to construction yields an Index data set that is uniform from channel-to-channel and country-to-country.