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.

3 Tips to Win the Last-Mile Delivery Planning Battle in Disruptive Times

DELMIA Quintiq

Not only do consumers demand speed and flexibility, they want their e-commerce deliveries to meet environmental regulations – especially in the case of home deliveries, where the logistics supply chain ends at the customer’s front door. There’s a battle to win and retain consumers at the last mile, but the many moving and interdependent parts of last mile operations are making it the most complex and expensive part of the supply chain.

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Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Consumer Goods. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Quality Metrics by Product.

Rating Sustainability Performance: An Essential Business Metric

EcoVadis

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. Having a good EcoVadis score brings a status that companies can use to enhance their brands, both externally with customers and stakeholders, as well as internally with employees and for recruiting.

After your product ships (Part 1): Data retailers share and why it’s important

Alloy

But out of that weekly or daily data deluge, what are the crucial metrics? Unit Sales (Net) Unit Sales (Net) is the number of units sold from a retailer to a consumer, excluding any customer returns. This metric is the best indicator of true demand because it measures when an end consumer actually buys a product, not just when a retailer places an orders, or sell-in. consumer-goods retail data analytics supply-chain

By the numbers: How to know if you sunk or soared on Prime Day

Alloy

In short, every consumer brand should be paying attention to Prime Day, whether or not you sell on Amazon, whether or not you offered a deal. Read on for the top metrics you should watch to evaluate whether you sunk or soared this Prime Day, and prepare your team for the next major shopping holiday. Many consumers start browsing on Amazon in anticipation of Prime Day, up to two weeks before the actual event. data amazon ecommerce consumer-goods analytics

The whys and hows of the new Walmart OTIF penalties

Alloy

Instead, the changes are an effort to actively engage suppliers in the process of meeting modern consumer demands. In response, Walmart is on a journey to become a “precise retailer,” focused on servicing consumers and meeting their rising expectations. “If everyone in the supply chain should be focused on serving the end consumer. Switch your thinking to consider that you’re both serving the same end consumer. Ask ‘how do I align my metrics with [Walmart]?

What Digital Native, Traditional Brands Can Teach Each Other

Alloy

It was the latest in a line of new brands like Warby Parker , Harry’s , and Everlane that began with online-only, direct-to-consumer models and then extended into traditional retail stores. Starting out direct-to-consumer, it’s easy for them to access granular sales data, use it to understand what consumers want, and take action to meet that demand. However, digital-native brands are quick to remember that, ultimately, it’s the end-consumer who matters most.

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.

Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. The early results from the ASU study will be featured in the book Metrics that Matter and it will be the core of the upcoming Supply Chain Global Summit on September 10-11, 2014 in Scottsdale AZ at the Phoenician. (We How do you balance metrics ? .

The Right Data and Metrics are Vital for FMCG Route to Market Success

Enchange Supply Chain Consultancy

For a successful Fast Moving Consumer Goods (FMCG) Route to Market Strategy, we must be able to measure our performance across the market, internally within the company and externally against the competition and wider benchmarks. For example, we must be able to measure our own sales performance, our brand/SKU distribution, our new product introductions, our volume, our revenue, our share, our displays, our in-store facings, our pricing and promotion performance, etc.

Announcing the Supply Chains to Admire 2015

Supply Chain Shaman

It is for this reason, that we analyze the patterns of the Metrics That Matter using orbit charts over the period of 2006-2014. The analysis is designed to analyze supply chain leader success on a portfolio of metrics. Nine out of ten are stuck unable to make improvements in these Supply Chain Metrics That Matter. As power shifts to the consumer, and growth slows, companies are adding products and services attempting to stimulate demand.

How brands use data to build retailer relationships

Alloy

In order to get your products in front of more consumers, it is key to convince your retail partners to provide the online and in-store shelf space, and then work with them to keep those shelves stocked with the right products, at the right time. Know Their Metrics (and Use Them) Every retailer operates a bit differently. Communicate using their data points, metrics and terminology. That’s for good reason: without the right context, data has little value.

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Five lessons from a CE sales pro

Alloy

Benefiting from the additional support she provided, those customers that were on a good trajectory really took off. Lesson #2 Focusing isn’t as easy as it sounds The consumer electronics industry keeps changing at a rapid pace. The key metrics could look very different depending on the customer, too. Helping people “see the light” With such a successful track record in sales at consumer electronics brands, what made Adrienne want to join Alloy?

Novo Nordisk: A Story of a Supply Chain Leader

Supply Chain Shaman

Previously I worked at Nestle, and I want to start by recognizing that pharmaceutical companies have different supply chain maturity levels compared to companies in the fast-moving consumer goods industry. Supply chain excellence Supply Chain Talent Supply Chains to Admire cold chain healthcare Metrics That Matter Novo NordiskWith more than 90 years of innovation in diabetes care, Novo Nordisk is a global pharmaceutical leader.

Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. Metrics – BPO vendors can also help firms utilize performance metrics and KPIs to help monitor performance and help to identify ways to improve it. But with the help of a BPO vendor they may be able to shift their focus to higher-level metrics such as on-time in-full (OTIF) or customer service levels.

[PODCAST] Why Shippers Looking for Capacity & High Service Levels Need the Right Carrier Mix & Logistics Fundamentals Focus

Cerasis

On today’s episode we welcome Andrew Lynch, Co-Founder & President of Zipline Logistics, an award-winning logistics service provider that specializes exclusively in the transportation of retail consumer goods and food and beverage products. Capacity & Carrier Metrics Resources to Download. Transportation Metrics that Matter the Most for Shippers to Track to Improve Performance. Hello and welcome back to another episode of “The Freight Project Podcast!”

What does ‘on-time, in-full’ (OTIF) mean in the consumer sector?

PINC

and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. To fill these gaps, a growing number of companies operating in the consumer sector have adopted the “on-time in-full” (OTIF) delivery metric.

Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. Metrics – BPO vendors can also help firms utilize performance metrics and KPIs to help monitor performance and help to identify ways to improve it. But with the help of a BPO vendor they may be able to shift their focus to higher-level metrics such as on-time in-full (OTIF) or customer service levels.

Managing the Long Tail of the Supply Chain Part 4: Five Takeaways

ToolsGroup

Our last three posts covered the key messages of the recent Consumer Goods Technology (CGT) web seminar about long tail demand called “ Driving Results despite Item Complexity ”: Blog 1 : Lora Cecere discussed the drivers of increasing demand volatility, the pain and risk it causes for most companies and the roadblocks they hit when they try to use traditional demand forecasting approaches.

Here’s What’s Wrong with Demand Forecasting

ToolsGroup

The number of companies is growing that are saying that their forecast accuracy, service levels and inventory efficiency metrics have hit a ceiling that they just can’t get past. Whether you read the analyst reports or listen to planners talk about their jobs, it’s all the same: metrics and KPIs are stuck. What we mean by “unaggressive” varies by industry, but for for example, for a fast moving consumer good company we’d say below a 96% line-fill rate.

How Can You Seize Opportunity If You Cannot Manage Risk?

Supply Chain Shaman

Notice that the average growth for consumer nondurables (often termed household products) is 1.7%, as shown in Table 1. Companies with the lower score on the Index are driving faster rates of metrics improvement. Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)).

L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

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. The Company;s senses consumer preferences to change and align their portfolio to deliver personalized products for purchase anytime and anywhere.

Data is Essential for CPG Success

Enterra Insights

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. Amidst store closures and stay-at-home advisories, consumers have rapidly adapted to new, tech-forward ways of shopping, which has created immense demand for the CPG industry. … With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts.

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E2open Holds User Forum on New On-time In-Full (OTIF) Package

E2open

E2open has already partnered with customers to develop a capability to accommodate these new on-time in-full (OTIF) metrics. See What We Have” user group session for users to discuss their understanding of Walmart’s new OTIF compliance program and review what metrics/tools are available to assist them in their management of the program. Two customer partners were recognized for their vision and partnership in developing and validating the metrics/tools with E2open.

E2open Holds User Forum on New On-time In-Full (OTIF) Package

E2open

E2open has already partnered with customers to develop a capability to accommodate these new on-time in-full (OTIF) metrics. See What We Have” user group session for users to discuss their understanding of Walmart’s new OTIF compliance program and review what metrics/tools are available to assist them in their management of the program. Two customer partners were recognized for their vision and partnership in developing and validating the metrics/tools with E2open.

E2open Holds User Forum on New On-time In-Full (OTIF) Package

E2open

E2open has already partnered with customers to develop a capability to accommodate these new on-time in-full (OTIF) metrics. See What We Have” user group session for users to discuss their understanding of Walmart’s new OTIF compliance program and review what metrics/tools are available to assist them in their management of the program. Two customer partners were recognized for their vision and partnership in developing and validating the metrics/tools with E2open.

Ann Grackin: Is the Crisis in Demand Management Being Exacerbated by Spreadsheet Dependency?

Logility

This blog post is in response to recent results from the APICS/Logility Survey, Consumer Goods S&OP research, and ChainLink’s end-user research. I recently read a very good survey by Consumer Goods Technology , focused on S&OP. And also to note, many respondents in this survey could not demonstrate an alignment of performance metrics to the S&OP process.

Five Insights on Effective S&OP

Supply Chain Shaman

Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. As a frequent contributor of supply chain content to the industry, Lora writes by-line monthly columns for SCM Quarterly, Consumer Goods Technology, Supply Chain Movement and Supply Chain Brain. An effective S&OP plan is the goal of many, but there is no clear industry definition of an effectiveness.

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S&OP Effectiveness: Recommendations to Make the Leap

Supply Chain Shaman

Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is working on her third book, Leadership Matters. As a frequent contributor of supply chain content to the industry, Lora writes by-line monthly columns for SCM Quarterly, Consumer Goods Technology, Supply Chain Movement and Supply Chain Brain. It is a beautiful fall day in Philadelphia.

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Walmart OTIF Requirements for Suppliers Increases to 98 Percent

Zipline Logistics

Those that cannot hit these requirements will face a fine of 3% of the cost of goods sold. . All deliveries in every product category will be expected to hit the 98% on-time and in-full metric or face a fine of 3% of the cost of goods sold. .

How E2open’s Scalable DSR Platform Delivers a Competitive Advantage for CPG Companies

E2open

Orchestro’s data, visibility and analytics solutions strategically complement E2open Demand Sensing and have enabled a truly demand-driven supply chain for many leading consumer goods companies. For well over a decade, consumer packaged goods companies (CPG) have mined and analyzed point- of-sale data (POS) with the goals of: reducing out-of-stock situations. Consumer Goods.

How E2open’s Scalable DSR Platform Delivers a Competitive Advantage for CPG Companies

E2open

Orchestro’s data, visibility and analytics solutions strategically complement E2open Demand Sensing and have enabled a truly demand-driven supply chain for many leading consumer goods companies. For well over a decade, consumer packaged goods companies (CPG) have mined and analyzed point- of-sale data (POS) with the goals of: reducing out-of-stock situations. Consumer Goods.

Why Collect Shipping Doesn’t Work for CPG Brands

Zipline Logistics

While it may seem like a good idea, surrendering control of your supply chain in any way can cost your organization in potential fines, fees, and inefficiencies. . You also lose vital logistics metrics that are important in finding supply chain efficiencies and consolidation opportunities.