Redefining the book supply chain: A glimpse into the future - Tech ...

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Redefining the book supply chain:
A glimpse into the future
© 2023, Book Industry Study Group, Inc.
November 30, 2023

An overview
q Growth in the North American publishing business will increasingly
come from the sales and effective managem...

What is a supply chain?
A supply chain is the network of all the individuals,
organizations, resources, activities and tec...

What is the book publishing supply chain?
q Multiple components, sometimes with iterative or
overlapping roles
q Authors, ...

How do we measure supply-chain success?
q Transparency (level playing field)
q Product visibility
q Improved revenue
q Eff...

What does the current supply chain do well?
q Current structure was build in an era of physical products
(print books; aud...

Where does the current supply chain fall short?
q Legacy systems date to the 1980s and 1990s don’t take
advantage of new a...

Where does the supply chain need to be improved?
q More effective tracking, management, and promotion of
rights
q Better d...

Changes I’d like to see
q Investing in rights management
q Metadata repositories of record, with use of API calls
q Paymen...

Investing in rights management
q A 2021 BISG study confirmed strong returns on
investment for a variety of rights investme...

Metadata repositories of record
q The U.S. market lacks a metadata repository (BookNet
Canada serves that role in English-...

Payments clearinghouses
q Thousands of publishers delivering books to thousands of
retailers = accounting and order manage...

Automating agreements about returns
q The U.K. tackled returns over 20 years ago
q KMPG calculated costs equivalent to a U...

Real-time data exchange
q Legacy systems largely support one-way communication
q Increased business complexity makes flat-...

Integrating other parts of the supply chain
q Over the past two years, BISG has invested time to improve
forecasting tools...

What steps do we take to get there?
q Over the past year, BISG has committed to “transforming
supply chain communication”
...

How would these changes affect the Canadian market?
q Rights management: We’d work with BookNet Canada to
share any recomm...

Helpful hints for change advocates
q Change takes time.
q Supply-chain change can take lots of time.
■ ONIX 3 was introduc...

Questions?
19

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