ToolsGroup

JUNE 29, 2020

In fact, it’s estimated that up to 80 percent of new product launches in the consumer packaged goods (CPG) industry fail. In many industries new products are a considerable part of revenue, and getting the forecast wrong results in overstocks or empty shelves and lost sales. New product forecasting requirements.

Forecasting 428

Forecasting Forecasting Software Supply Chain Planning Software Modeling Software 428

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

The Green Corridor: Food for Thought Origin Transparency and Revolutionary Substitution for Supply Chains in a Fragmented yet Increasingly Digital World by Timothy Foote, Founder of Susymbio In our LogiSYM Magazine, there are many articles and adverts which help to provide transparency on the flow of goods from supplier and to the final customer.

Food 130

Food Vendor Strategies Price Reduction Waste Reduction 130

Enterra Insights

OCTOBER 26, 2022

billion industry that is already making big changes to the way we understand and use immense databases for a wide range of purposes. Members of Forbes Technology Council have identified a number of industries (and functions within those industries) that have been or will be revolutionized by machine learning.[2]

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

The e-commerce sector continues to shape consumer spending habits in a significant way. A 2021 McKinsey study, that when delivery times are too long, almost half of omnichannel consumers will shop elsewhere. Aside from route planning and optimisation, some other avenues worth exploring include: Sustainable Sourcing of Goods.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

Logility

AUGUST 5, 2021

From shifts in consumer demand to new regulations and disruption in market dynamics and supply networks, food and beverage (F&B) industry executives have always had many reasons to stay alert. But lately, a new set of supply chain challenges is making everyone more concerned that their business could fall behind overnight.

S&OP 130

S&OP Supply and Demand Beverage Optimal Sourcing 130

Enterra Insights

OCTOBER 3, 2023

As analysts from John Galt note, “Companies across industries have recently found themselves operating with supply chains designed for a world that no longer exists. But the good news is that there’s a hero in the digital realm ready to come to the rescue — and that hero is the digital supply chain twin.”[2]

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 130

Logility

MARCH 2, 2021

Traceability will be key in meeting consumer demands for sustainability. Greenwashing came about as unscrupulous businesses grappled with the advent of “conscious consumerism” or “consumers with a conscience.” Well, in a few of the more egregious cases, they haven’t. Which brings us to the reckoning.

Sustainability 243

Sustainability Material Savings Supply Chain Software Manufacturing Procurement 243

QAD

APRIL 19, 2022

When we talk about predictions and strategic planning with consumer packaged goods (CPG) and food & beverage (F&B) companies, we’re met with a great deal of uncertainty given the current state of disruptions and upheaval. The Use of Contract Manufacturing. 2022 Predictions for CPG Manufacturing.

Manufacturing 97

Manufacturing Predictive Analytics Software Supply Chain Planning Software Beverage 97

Enterra Insights

OCTOBER 19, 2023

Inflation in the grocery sector has remained stubbornly high and consumers are changing their behavior in response. ”[1] Neil Saunders , managing director of GlobalData Retail, told Silverstein, “Consumers are far from depressed, but neither are they in a celebratory mood. .”[1]

Price Reduction 130

Price Reduction Purchasing Skills Waste Reduction Procurement Analytics 130

Enterra Insights

SEPTEMBER 28, 2020

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. … With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. ”[2].

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

QAD

FEBRUARY 15, 2024

Consumers’ Growing Impact on the Food & Beverage Value Chain Is the phrase “going shopping” even used anymore? The evolution of the value chain has been driven by multiple factors; technology, manufacturers and the consumer. The consumer’s impact on the value chain has been huge. Consumers’ tastes have changed.

Beverage 96

Beverage Food Manufacturing Procurement Material Savings 96

Enterra Insights

APRIL 16, 2024

A full 99% of companies Talend surveyed recognize that data are crucial for success, but 97% face challenges in using data effectively, and a third aren’t even using data to make decisions. Too many companies fall into the decision abyss when it comes to their supply chain.” Such skepticism is natural in a hype-filled world.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Analytics Software Optimization Software 130

Enterra Insights

JANUARY 29, 2021

One of the few bright spots during the COVID-19 pandemic has been the consumer packaged goods (CPG) sector. Workers in this essential sector have heroically labored to ensure the goods consumers need have been available on store shelves. Consumer Packaged Goods Trends. Rise in e-commerce.

Packaging 100

Packaging Trends Supply Chain Design Software Procurement Analytics 100

PINC

AUGUST 3, 2020

and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. To fill these gaps, a growing number of companies operating in the consumer sector have adopted the “on-time in-full” (OTIF) delivery metric. McKinsey & Co., What is OTIF?

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

QAD

NOVEMBER 23, 2021

For the packaging industry, digital manufacturing solutions must help manufacturers produce the right stuff at the right time as optimally as possible and then support the decisions of what to produce next. Challenges Facing Packagers. As we’ve written before, disruption is nothing new for the packaging industry.

Packaging 94

Packaging Manufacturing Industrial Industry 94

DELMIA Quintiq

MAY 17, 2023

Dear Guest, every day, in hotels all over the world, millions of gallons of water are used to wash towels that have only been used once. You can make the difference: a towel hanging up means ‘I will use it again’ and a towel on the floor means ‘please replace.’ Thank you for helping us conserve the earth’s vital resources.”

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

The Logistics & Supply Chain Management Society

MARCH 22, 2022

For example, the One Network platform for supply chain planning and execution is used by the Ministries of Health in Nigeria, Ghana, and Rwanda, providing comprehensive inventory visibility across all health facilities for real time supply demand matching and collaborative decision making. 8 Essential Capabilities to Optimize the Cold Chain.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

QAD

MAY 28, 2020

Register here for an upcoming webinar where I will cover an in-depth overview of the “new normal” in the packaging industry. It is amazing to see what the packaging industry has accomplished during the peak of the COVID-19 health crisis in terms of supporting essential businesses. Workflow disruptions.

Packaging 145

Packaging Price Reduction Vendor Strategies Cost Reduction Strategies 145

ToolsGroup

SEPTEMBER 20, 2022

Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry. Let’s delve into the five ways manufacturers are uncovering success by using AI to process information faster and perform more complex roles.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

QAD

MAY 28, 2020

It is amazing to see what the packaging industry has accomplished during the peak of the COVID-19 health crisis in terms of supporting essential businesses. The crisis is not yet behind us, but it is already time to start looking at the current environment as the “new normal”, at least for now. Workflow disruptions.

Packaging 145

Packaging Price Reduction Vendor Strategies Cost Reduction Strategies 145

Supply Chain Shaman

OCTOBER 5, 2018

At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

BlueYonder

JANUARY 17, 2023

The following are the insights gained from my discussion with Shri Hariharan , who leads Blue Yonder’s Consumer Manufacturing Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. They would like to leverage proven solutions for their industries and best practice to ensure successful outcomes.

Consumer Goods 70

Consumer Goods Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 70

Enterra Insights

JULY 25, 2022

Consumers expect to be connected to retailers. And all of them expect to be connected to logistics providers transporting goods to and from various supply chain nodes. The Digital Age is all about connectivity and so is the emergence of the digital supply chain. Retailers expect to be connected to manufacturers.

Internet of things 130

Internet of things Supply Chain Software Supply Chain Optimization Supply Chain Network Software 130

Logistics Viewpoints

NOVEMBER 18, 2021

This quest to master distribution has risen to the top of the list because customers (whether consumers or businesses) are demanding performance like never before. It’s apparent that Amazon has set the standard for consumer expectations, and those expectations have translated into the business-to-business world as well.

DC 256

DC Optimization Software Demand Planning Software Supply Chain Planning Software 256

GlobalTranz

JUNE 27, 2016

Reusable packaging may be the one most effective way you can manage your costs better. It seems that no matter what industry you are in there is more and more buzz about the advantages of using reusable packaging and rightfully so. Reusable packaging goes far beyond just reducing packaging costs.

Material Savings 140

Material Savings Packaging Waste Reduction Expense Reduction 140

BlueYonder

JANUARY 10, 2023

The following are insights gained from my discussion with Shri Hariharan , who leads Blue Yonder’s Consumer Manufacturing Industry Strategy, during a recent Blue Yonder Live. As we have seen over the last 24 months, the disruptions that the global industries and consumers have gone through have made things markedly different now.

Consumer Goods 78

Consumer Goods Optimal Sourcing Supply Chain Planning Software Supply Chain Software 78

Kinaxis

APRIL 4, 2019

Is there a more challenging industry than life sciences? For those in consumer-packaged goods, it’s safe to say we’re fairly knowledgeable about our customers and target markets. Imagine knowing so little about your customer, in this case, the human body. One in twenty.

Pharmaceutical 249

Pharmaceutical Supply Chain Planning Software Supply Chain Software Supply Chain Planning 249

Enterra Insights

FEBRUARY 8, 2022

With stores shuttered (either temporarily or permanently), even tech-challenged consumers were forced to shop online. Not surprisingly, both retailers and consumers adapted to these new realities. It turned out that, for the most part, consumers were in a buying mood. Consumers adapt to the new normal. Journalist E.

Trends 130

Trends Retail Procurement Analytics Procurement Solutions 130

Resilinc

JULY 18, 2023

As waves of lawsuits are filed against PFAS manufacturers like 3M and DuPont, businesses and consumers are raising questions about safety and health concerns. According to the California Water Boards , PFAS are a group of approximately 12,000 synthetic chemicals that are used for numerous industrial and commercial processes.

Supply Chain Planning 62

Supply Chain Planning Chemicals Supply Chain United States 62

Enterra Insights

DECEMBER 26, 2022

Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies. He adds, “It is no surprise since more customers are now trained to use the internet for purchases.” ”[2]. The Returns Conundrum.

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

Enterra Insights

DECEMBER 7, 2020

She reports, “Consumer packaged goods (CPG) companies, such as Mondelez and Nestlé, are finding new opportunities to stay competitive and succeed during the pandemic.”[1] ” In Nestlé’s case, the company saw an opportunity in the plant-based products space. ‘We are changing that mind-set.’

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Planning Software Procurement Analytics Demand Planning Software 100

Logistics Viewpoints

FEBRUARY 18, 2022

While it won’t take away the sting of defeat, it can at least help knowing that their gear is being used for a good cause. Bridge linking US and Canada reopens after police remove last protesters. Coke announces industry-leading target for reusable packaging. And now on this week’s logistics news.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Pricing Training Indiana Logistics 201

Enterra Insights

JUNE 27, 2022

”[2] Their research found, “Consumer prices for food, personal care, and household items are up 13.9% ” Rising prices are changing consumer behavior. Consumer concern has turned to consumer action as they adjust to these new conditions. ”[4]. .”[3] ”[4]. Bargain shopping.

Price Reduction 130

Price Reduction Purchasing Skills Manufacturing Procurement Food 130

QAD

MARCH 23, 2023

From toilet paper to bed sheets, fresh food items to cleaning products; the consumer packaged goods (CPG) industry has changed and will continue to do so. Many pandemic-related challenges are subsiding, but the factors that were turning the CPG industry on its head beforehand are still at play and gaining momentum.

Manufacturing Procurement 95

Manufacturing Procurement Manufacturing Agile and Lean Supply Chain Purchasing Skills 95

Supply Chain Game Changer

JUNE 30, 2021

The growth of the eCommerce industry redefined the whole meaning of customer satisfaction. A product’s quality and price no longer define how much value a good has. For an eCommerce customer, buyer satisfaction comes with the peace of mind from the unmatched care the goods receive while in transit up to installation.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Pricing Training Buyer Training Purchasing Training 98

The Logistics & Supply Chain Management Society

JULY 16, 2023

For instance, a well-known group based in Khalifa Industrial Zone Abu Dhabi (KIZAD) has recently launched one of the region’s largest advanced food and healthcare warehousing and logistics hubs. Food insecurities can evolve at various points along the supply chain that result in huge food waste that requires serious attention.

Supply Chain Planning Software 130

Supply Chain Planning Software Food Supply Chain Software Agile and Lean Supply Chain 130

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130