Consumer Goods Supply Chains: In a State of Evolution

Loftware

Supply chains in the consumer goods sector are about to crest a hill of innovation - they just have to make some changes. Consumer Products Supply Chain Manufacturing Track & Traceability Logistics

Will Consumer Goods Be Stronger from the Pandemic?

Supply Chain Game Changer

Consumer goods article and permission to publish here provided by Wouter Nederkoorn. We all know and regularly purchase Fast-Moving Consumer Goods (FMCG, often also referred to as Consumer Packaged Goods, or CPG). Subscribe Here! Email Address.

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Can Omni-Channel Help Consumer Goods Companies Fight Private Label?

Talking Logistics

Despite several positive trends toward better collaboration between retailers and their suppliers, there will always be a certain degree of competition for who gets the greater share of the consumer’s wallet. One tactic major retailers have used to help increase their margins is to offer their own private label branded products as lower-cost alternatives to the consumer goods brands. Why omni-channel can help consumer goods companies.

Consumer Goods Technology Releases List of Top Supply Chain Companies

Logility

Consumer Goods Technology recently released its 2012 Consumer Goods Technology Reader’s Choice survey results. " Aggressive competitors, margin erosion, and quickly changing consumer preferences and behaviors pose serious challenges to the consumer goods industry. In Supply Chain Planning, Logility was voted highest in customer experience of all solution providers.

Turning Your Consumer Goods Supply Chain Into a Competitive Advantage

E2open

Turning Your Consumer Goods Supply Chain Into a Competitive Advantage. Today’s modern supply chains are multi-enterprise, starting with consumers, retailers, distributors; and flowing through an extended network of suppliers, contract manufacturers, and other third parties. Finished goods are planned weeks or even months in advance yet shippers are the last to know, often finding out as orders cross their desks. Consumer Goods.

Four Critical Steps for CPG Manufacturers to Compete After a Crisis

DynaSys

The same concept works for business and manufacturing. As the world sorts through life with COVID-19 and trying to plan for the aftermath, many Consumer Packaged Goods (CPG) manufacturers and suppliers are developing and implementing risk management policies and procedures.

How to Track Your Ocean Container with IoT

Roambee

Shipping overseas often means no continuous visibility beyond the port. If you ship overseas often, you’re probably familiar with the difficulty of tracking ocean shipments. Your containers become harder to trace once they leave a port, and if one of them doesn’t reach its intended destination, you usually have little more than a vague idea or delayed updates about where it went, and how.

Supply Chain News on Consumer Goods Companies Need to Up their Demand Sensing Game, Gartner Says

Supply Chain Digest

Few Manufacturers have Really Yet Connected the Supply Chain to the Store Shelf

Supply Chain Chief Takes Daughter’s Advice — A Digital Transformation Story

o9 Solutions

Travis Green, Chief Supply Chain Officer of a large consumer product manufacturing company, was more excited than he’d been in […]. Best Practices Consumer Goods Executive Corner o9 Sales & Marketing Supply ChainThe post Supply Chain Chief Takes Daughter’s Advice — <br> A Digital Transformation Story</h4> appeared first on o9 Solutions.

How to Track Returnable Containers Using LPWAN (Nb-IoT, LTE-M, Sigfox)

Roambee

RFID Returnable Asset Tracking Iot Solution Reusable/Returnable Assets Automotive Pharma Chemicals IoT In Supply Chain reusable containers track returnable containers LPWAN Nb-IoT BLE Reusable Supply chain Assets Consumer Goods 3PL & Logistics ManufacturingFrom barcodes to RFID tags, and from BLE to IoT, if you’re following recent supply chain trends, you will be aware that everything in your supply chain lately is about these few words.

Why You Should Move Secondary Packaging Closer to the Consumer

Kane is Able

Much of the cost and complexity in CPG supply chains happen post manufacturing. Consumer Goods Logistics Warehouse OperationsThink about it. You might have one product – a potato chip – that gets packaged in dozens of ways. Historically, this final packaging has been handled as a discrete supply chain function by contract packaging companies.

Why You Should Move Secondary Packaging Closer to the Consumer

Kane is Able

Much of the cost and complexity in CPG supply chains happen post manufacturing. Consumer Goods Logistics Warehouse OperationsThink about it. You might have one product – a potato chip – that gets packaged in dozens of ways. Historically, this final packaging has been handled as a discrete supply chain function by contract packaging companies.

5 Ways to Make Your Manufacturing Plant More Sustainable in the Age of COVID-19

DELMIA Quintiq

This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. Doing more with less is more critical in manufacturing than ever. Manufacturers of medical and cleaning supplies, as well as the specialists overseeing trucking, delivery and logistics companies, might have to make do with limited supplies and labor. They might even find themselves conscripted into manufacturing essential products under the Defense Production Act.

5 Examples of How COVID-19 Made Shipment Monitoring a “Must-Have” in the Industry

Roambee

Up until now, investing in shipment tracking solutions was like buying travel insurance - it was usually purchased in the last step of the transportation contracting process. Much like insurance, you would add it at the last step in the cart as an optional item when purchasing your air ticket, and often only if the firm had previously bitter experiences. However, COVID-19 is changing the way companies are looking at investment into visibility.

5 Surprising Stats on Why Retail Brand Trust is Seriously at Risk

JDA software

Counterfeit consumer goods now total at a global value of $1.77 Understandably, these knock offs are creating some significant trust issues between retailers and their consumers, and , retailers and manufacturers. This fraud is running rampant in American retail and hurting merchants’ abilities to create a consistent, consumer-driven assortment. But where are these consumers getting their information? Ready for a shocking stat?

Digital Transformation: An Imperative for Industrial Manufacturing in 2017

Cerasis

Are industrial manufacturers seizing all the opportunities of a more digital world? A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. The good news is executives are aware of the importance of digital transformation. Let’s take a look at four reasons why digital transformation is an imperative in 2017 for industrial manufacturers: 1. Changing Consumer Expectations.

A New CPG Model for a New World

BlueYonder

The consumer packaged goods (CPG) industry has found itself at a crossroads where new strategies are needed. Consumers expect to engage with authentic brands via seamless experiences across physical and digital channels.

Where’s the data? Solving supply chain visibility with these 6 next-gen capabilities

o9 Solutions

Best Practices Consumer Electronics & Durables Consumer Goods High Tech Industrial Manufacturing Industries P&L ManagementAs market conditions become more dynamic and supply chains become more complex, the need for faster, more intelligent planning and […]. The post Where’s the data? <h4>Solving <h4>Solving supply chain visibility with these 6 next-gen capabilities<h4> appeared first on o9 Solutions.

Unwrapping production: How to transform packaging manufacturing

DELMIA Quintiq

To meet consumers’ increasing appetite for choice, Fast Moving Consumer Goods (FMCG) manufacturers develop a huge amount of Stock Keeping Units (SKUs). This has a direct impact on packaging manufacturers who now need to find ways to cope with more diverse demand. The packaging industry is one of intense competition, so individual manufacturers have to keep up. The FMCG industry expects efficient order handling from their packaging manufacturers.

A Fast, Accurate and Collaborative Supply Chain – The JJA Story

DynaSys

JJA is one of the major European leaders in the distribution of home equipment goods. As a brand manufacturer, JJA design, make manufacturing, carry and distribute more than 22.000 items, continuously displayed in their showrooms. JJA have to manage a complex supply chain with headache constraints such as fast market changes, long manufacturing lead-times, high sales seasonality and up to 40% of new items every season.

A Chief Supply Chain Officer Learns from His Millennial Daughter — A Digital Transformation Story

o9 Solutions

Travis Green, Chief Supply Chain Officer of a large consumer product manufacturing company, was more excited than he’d been in […]. Best Practices Consumer Goods Executive Corner o9 Sales & Marketing Supply ChainThe post A Chief Supply Chain Officer Learns from His Millennial Daughter — A Digital Transformation Story</h4> appeared first on o9 Solutions.

What is Manufacturing ERP?

OptiProERP

What distinguishes Manufacturing ERP from other ERP systems? ERP started in the manufacturing industry, but it headed off in new directions. Manufacturers need all these functions, but they also need so much more. Defining Manufacturing ERP. So what is Manufacturing ERP today? What does it offer the modern manufacturer? Manufacturers are different. Manufacturers buy materials and turn them into something else.

Shared Supply Chain Control Towers: Key Features and Considerations

Alloy

A control tower that is shared across trading partners, including manufacturers, suppliers, and retailers, can unlock even more value. For example, consider a manufacturer that’s looking to reduce working capital and decides to decrease its working inventory. That increase translates to higher Cost of Goods Sold for the manufacturer, so while they may have reduced working capital, they are paying for it in another way.

How Food Manufacturing Software Drives Profit [w Case Studies]

Unleashed

Effective inventory management is crucial to reducing costs in any manufacturing business. Cost reductions in food manufacturing can be achieved by using food manufacturing software that improves ordering processes and minimises overstocking of expensive raw ingredients.

Tile’s CEO on navigating the pain points of modern supply and demand

Alloy

We were honored to have him join us and share his perspective on modern obstacles and innovative solutions for manufacturers. With decades of experience in consumer goods and technology, Prober is a thought leader on the intricacies of sales, supply chain, and strategy, and that expertise proved invaluable during the roundtable. It just had a massive impact on consumer buying behavior and sell-through. consumer-electronics retail consumer-goods product-strategy amazo

Is the Bake-Off Really Necessary?Why Rigid, RFI/RFP Evaluations can Lead to Suboptimal Results

o9 Solutions

Automotive Best Practices Consumer Electronics & Durables Consumer Goods Healthcare High Tech Industrial Manufacturing Industries o9 P&L Management Process Product Innovation Professional Services Retail Retail & Wholesale Sales & Marketing Software Technology Solutions Supply ChainSelecting a solution provider can be a tedious endeavor. A company has to not just recognize that a specific process […]. The post Is the Bake-Off Really Necessary?<br><h4>Why

Retail analytics trends in 2019 and beyond

Alloy

Consumer goods brands that are looking to grow in 2019 and beyond need to take a closer look at their retail analytics. Also sometimes referred to as Point-of-Sale analytics, the insight they provide is critical to keeping up with fast-changing consumer demand, as well as keeping up with retailers that are becoming increasingly sophisticated with their use of data. consumer-goods retail point-of-sale analytics predictive-analytics

How Brands Will Win in IDC’s Predicted Future

Alloy

We recently shared highlights from a study by IDC that spotlights how brands must become more demand-driven if they hope to prosper in today’s consumer goods market. Now more than ever, consumers drive the industry, making it critical to get closer to your end consumers and understand their preferences. Amidst all this change, where is the market headed, and how can consumer brands make sure they don’t get left behind? consumer demand.

Forecasting Series, Part 1: You Can’t Plan When You Can’t See

o9 Solutions

Consumer Electronics & Durables Consumer Goods High Tech Industrial Manufacturing Industries o9 Product Innovation Sales & Marketing Software Technology Solutions Supply ChainThe Hidden Drivers of Sales, Product, and Supply Chain Forecasts There is a quote commonly attributed to Winston Churchill that […]. The post Forecasting Series, Part 1: <br><h4>You Can’t Plan When You Can’t See</h4> appeared first on o9 Solutions.

IDC Report: Industry Trends and Why a Demand-Driven Organization is Critical

Alloy

IDC Study: Industry Trends and Why a Demand-Driven Organization is Critical Alloy recently commissioned IDC for a Market Spotlight on the future direction of consumer goods companies, which you can read here. In the paper, IDC analyst and program vice president Simon Ellis explores how the industry has become consumer-driven, necessitating a transformation in how brands approach their sales and supply chain strategies.

Beyond the Askuity acquisition to the future of retail analytics

Alloy

Focus Alloy’s focus has been and always will be on serving consumer goods brands. Unlike Askuity or other companies that try to serve both retailers and brands, we were founded because of the challenges we heard from manufacturers about using available point-of-sale and channel data. Our goal is to help these vendors take control and flip the current information asymmetry, where retailers hold the data and make it difficult for brands to gain insight into their own consumers.

Top 5 Takeaways from the 2019 Gartner Supply Chain Conference

Alloy

We were especially excited to see an Industry Day track around the Consumer Retail Exchange, which provided great insight for consumer product leaders about how retailers are responding to consumer demands. Retailers want suppliers to help them make better decisions We often hear from consumer product companies how hard it can be to influence retail buyers and replenishment teams. supply-chain retail sales consumer-goods planning

Demand Forecasting Mistakes in the Retail Industry

Alloy

Consumer goods companies rely on forecasts to support inventory planning and distribution across their sales channels. Applied correctly, the statistical and mathematical techniques used by data science teams can help companies across the consumer goods spectrum optimize operations and increase revenue, while reducing unnecessary costs. Below, we’ll explore two of the top forecasting errors consumer brands commit, along with suggestions for how to avoid these pitfalls.

A Digital Transformation Discussion with Supply Chain Execs

Alloy

While there was definitely variation among groups, a working definition of digital transformation emerged around the “implementation of modern digital technologies” to achieve goals like accelerating business processes, connecting the physical and digital flow of goods, and enabling efficiency, speed, and scale. identify a good data source, establish learnings, and then begin applying them to other data sources.

Digital transformation in manufacturing – The accelerators and roadmap for manufacturers

ThroughPut

The relevance of digital transformation in manufacturing. PWC predicts that out of every 2,000 manufacturers, 86% will benefit from cost reductions and revenue gains from their digitization efforts over the next five years. Fortunately, manufacturing is one industry that can easily harness new-age digital technology to deliver greater supply chain efficiency and productivity using smarter, better and safer operations methodologies. Blog manufacturing