The association aims at serving the Nigerian market with the ‘locally-fit’ products and also to position Panasonic once again as a dominant player in the country’s electronic products market category that has become very competitive.
In a series of major developments, Panasonic also announced establishing the local manufacturing base for room Air-Conditioning and TV division in Lagos. In collaboration with “SIMS”, Panasonic has initiated the Set-Up of SKD Operations with its prime focus on Japanese Quality Systems Establishment. This step boasts the Panasonic mission to increase the focus on Africa market with localization and customer satisfaction as the key agenda. With local sales office in Nigeria, Panasonic is looking at a wider customer base and a stronger hold in the market.
After the successful establishment of SKD Operations in South Asian Markets, Panasonic Appliances Company (India) will provide technical assistance to SIMS for setting up the Nigerian manufacturing unit. As one of the “Premium Quality” manufacturing Giants, Panasonic will focus on developing customer centric products keeping local market requirements in mind.
Speaking during the press briefing heralding the signing of the partnership, Mr. Fab Uzor, General Manager SIMS Nigeria said, “We are excited partnering with Panasonic. Many years of operating in the Nigerian market has given us an edge in understanding the psyche of the Nigerian consumer. The Nigerian market is very competitive because of the number of brands that play here. As a business you need special skills in understanding your customers to make a head way. We have successfully done this over the years which gave us prominence in the competitive electronics market.”
He added “The Company has branches and outlets across the country. Since the commencement of operations in 1987, SIMS has grown to become one of the leading names in Electronics business in Nigeria. Our spread will also avail our consumers the opportunity of purchasing quality Panasonic brands that are backed with warranty and superb after sales services at our numerous state-of-the-arts showrooms and stores. We also have arrangements where we deliver products straight to the homes and offices of the consumer.”
Commenting on the development PMMAF’s Managing Director Mr. Shinichi Wakita expressed, “Panasonic has always delighted itself in working for the Nigerian market. We are a customer-loving brand and this market motivates us to keep going with our business philosophy hence the concept of producing ‘locally-fit’ products comes through us effortlessly. We are glad to be associating with SIMS, as it has carved a niche for itself in a highly dynamic and competitive electronics/home appliance marketing environment.”