Consumer Goods Eliminating Excel in Purchasing Metrics 
Supply Chain Shaman
OCTOBER 5, 2018
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. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.
SCMDOJO
JANUARY 9, 2025
Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. FMCG Company: A fast-moving consumer goods company implemented automated supplier scorecards, leading to a 20% improvement in supplier compliance and reduced defect rates.
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Logistics Viewpoints
MARCH 27, 2023
Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. This increases sales.
Supply Chain Shaman
SEPTEMBER 20, 2015
How do they buy from you? How do they buy from you?” Kehat’s feedback is that “Getting management buy-in for the implementation of cost-to-serve process is easy, but the implementation is difficult.” Both improvement and performance define supply chain excellence. Why does it matter to you?
Supply Chain Shaman
SEPTEMBER 3, 2015
Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. More and more companies purchasing inventory technologies, but failing to give planners time to plan. Buying the technology and not having clear processes and accountability does not help.
Supply Chain Insights
MAY 17, 2017
Over the past several years I have been involved with some rather sophisticated technologies around consumer goods and retail. If they ask you for your email address, they will know in a heartbeat everything you have looked at (on their corporate website for sure), purchased, or put into your shopping cart and did NOT purchase.
Supply Chain Shaman
AUGUST 26, 2015
The inherent buying patterns of consumers are also changing. Purchases in the center store of the grocery store are in decline, and apparel tastes are shifting. By building demand management processes to focus on channel movement, companies can cut demand latency and model independent demand–customer purchases.
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