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How IoT Improves Consumer Packaged Goods Value Chain

Savi

As sensor prices dropped and advanced analytics capabilities improved, more CPG companies realized they could identify customers’ wants on their own using these technologies. The pivot point has moved from production to customer delivery, and the primary constraint has moved from manufacturing to transportation.

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The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

Additional benefits of good decision practices are reducing (non automated) decision time with 75%, reducing wasted analytics with 60% and improving employee engagement with 50%. A Gartner report suggests that by 2026, over 65% of short-term decisions within supply chain planning will be automated or autonomous.