Remove 2014 Remove 2026 Remove Inventory Remove Transportation

How IoT Improves Consumer Packaged Goods Value Chain

Savi

Agile supply chain operations, especially in the consumer packaged goods (CPG) industry, are using IoT and end-to-end shipment visibility software to outperform competitors with better service while keeping lower inventory levels. The pivot point has moved from production to customer delivery, and the primary constraint has moved from manufacturing to transportation. This shift is hard to handle because the CPG industry spends at least 5% of revenue on transportation.

The Future Is Now for Logistics

Material Handling & Logistics

If things don't change, and we continue up this progression, by 2026, we will be at 170,000 drivers short. Whether the cause is e-commerce growth, the tight labor market, or changing distribution models, inventories and carrying costs are rising.