Recently, School Specialty Inc. , the leading provider of supplemental educational products for PreK–12 educators, has expanded its offering of classroom technology solutions. The company introduced a new range of technology to improve the output and efficiency of its clients. The new technology will have an array of features at different price levels and will include document cameras, short-throw digital projectors, interactive white boards, listening centers, student response systems, pads and slates.
Requirement of standardized instructional equipments and increasing classroom sizes are creating lot of new challenges for the educators. With a variety of approximately 75,000 items ranging from classroom supplies, furniture, playground equipment and supplemental curriculum solutions, School Specialty serves as a complete package for the educators’ total classroom solution.
Classroom Technology Products
School Specialty has four main technologies with several features at multiple price ranges.
3M(TM): The technology is called Edu-cation Station, which provides a solution for classroom including speakers, projectors, whiteboards and interactive elements.
Mimio: This category includes a variety of easy to use products including View Document Camera, Teach interactive system, Pad Wireless Tablet, Vote student response system and Capture Ink Reporting System.
Poly Vision: The products offered under this technology are either touch screen or hard surfaced whiteboards. School Specialty offers a wide range of products under this category, such as eno, mini Slate, eno play, eno click and Digital Visualizer.
Dukane: Dukane products facilitate in creating learning environments with its short throw projectors, document cameras, touch whiteboards, AirSlate and audio enhancement systems.
School Specialty is the leading provider of supplemental educational products for the PreK-12 market in the U.S. and Canada. The company leverages its strong distribution network to offer its products to approximately 91,000 schools in the U.S. This provides a competitive advantage to the company and bolsters its dominant position in the market.
Moreover, the company has been focusing on operational efficiencies and cost cutting initiatives. Further, School Specialty completed the consolidation of its product categories in an effort to reduce expenses. Furthermore, the company has implemented a common enterprise resource planning platform across all divisions in order to improve business processes.
Currently, we have a long-term Outperform rating on the stock.