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Consumer Goods: A Formula for Service, Speed, & Brand Success

Logility

The consumer goods industry may have experienced tremendous growth, but figuring out what consumers want is an ever-evolving puzzle. From where they shop and how frequently they buy to what price points entice them, consumer behaviors have been challenging to predict over the past year.

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Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. My reply to my friend is that “The supply chain is a complex non-linear system.

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Metcalf’s Law Does Not Apply to Supply Chain Management

Logistics Viewpoints

Metcalfe’s law states that the value of a network is proportional to the square of the number of connected users of the system. Nulogy, for example, is a platform for collaboration between consumer goods brands and their copacker and comanufacturing partners.

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What is Supply Chain Resiliency?

Logistics Viewpoints

It also takes flexible and redundant suppliers, systems, and talent to create an organization that survives and thrives while others struggle. You must have the people, processes, and systems in place to create your resiliency plan. Alternative sourcing and routing, contingency plans and redundant systems can help weather any storm.

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How To Overcome Supply Chain Disruption

GlobalTranz

You must have the people, processes, and systems in place to create your resiliency plan. Alternative sourcing and routing, contingency plans and redundant systems can help weather any storm. Capacity constraints and transportation delays. Prepare your supply chain for different types of disruption.

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GlobalTranz And Echo Global Logistics Both Report 40% Fourth Quarter Revenue Growth

Logistics Viewpoints

David Menzel, the President and Chief Operating Officer at Echo, in the earnings call transcript , explained it this way, “strong freight demand combined with tight capacity were the two themes that dominated Q4. While rates and costs are top of mind, sourcing and capturing capacity is the first priority in many industries.”

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Freight Procurement is a Different Game

Logistics Viewpoints

It can move quickly from a situation where there is too much capacity in the market and buyers having the whip hand, to a situation where shippers are begging carriers to take their loads at almost any price. Depending on the product, their customers are consumer goods companies, retailers, food service distributors and restaurant chains.