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Emerging and Persistent Consumer Packaged Goods Trends

Enterra Insights

A strong consumer packaged goods (CPG) sector is essential for a healthy U.S. Brad Cook and Steve Hewitt , partners at Wipfli, report, “Consumer spending accounts for nearly 70 percent of U.S. Consumers are looking for higher quality foods and goods, more ESG-friendly options, and bigger values. economic activity.”[1]

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The Changing Consumer Packaged Goods Space

Enterra Insights

He writes, “There was a time, going back at least 70 years, when all it took to be successful in business was to make a product of good quality. … As long as you made sure that your product quality was superior to the competition, you were pretty much set.”[2] The Rise of Private Labels. to $142 billion.”[3]

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Track the Supply Chain Metrics that Really Matter

Precoro

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” ” Yet leaders with high-quality master data are 1.5x less likely to be affected by supply chain disruptions.

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Why You Should Conduct Internal Quality Audits

Arena Solutions

However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality. Quality management also plays a crucial role in product development. Why do an internal quality audit?

Quality 88
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Editor’s Choice: What Supply Chains Must Overcome to Deliver on the Consumer Promise

Logistics Viewpoints

Recently, I was at my local grocery store for my weekly shopping trip and found myself in the packaged salads section. While this is easy for packaged/processed items with Best by Dates, it is not as easy for bulk, loose, or field packaged products. Am I alone in this habit or thinking? or squeezing an Avocado.

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Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

GlobalTranz

This is the second post in a three-part series on Supplier Quality Management also known as SQM. In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Medical Devices.

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Consumer Packaged Goods Manufacturers and Consumer-centric Supply Chains

Enterra Insights

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. Nominal income gains were reported by survey participants, but half of all families anticipated reduced real incomes next year. Taking the Digital Path to Purchase. ”[3].