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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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What’s Good for Consumer Goods Manufacturing?

USC Consulting Group

What’s on the road ahead for consumer goods manufacturing? Although the industry is multifaceted and varied, encompassing everything from household goods to food & beverage to apparel and more, most arms of the consumer goods industry are facing similar challenges. Supply chain woes. billion this year.

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7 Trending Business Practices Disrupting Procurement!

Supply Chain Game Changer

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Responsible Sourcing. Responsible Sourcing.

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Consumer Packaged Goods Manufacturers and Consumer-centric Supply Chains

Enterra Insights

Lisa Johnston ( @thatljohnston ), Senior Editor at Consumer Goods Technology, writes, “Much has been written about the extreme shifts in consumer behavior patterns.”[2] Stable Consumer Behaviors. Taking the Digital Path to Purchase. Purchasing Out of Necessity. ”[3]. Using Home as a Hub.

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Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.

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Finished Goods Inventory: Definition & Formula

Unleashed

Common examples of finished goods inventory include: Fast-moving consumer goods Electronics Clothing Healthcare products Homeware Vehicles Retailers will typically refer to finished goods as merchandise inventory. The finished goods inventory formula is critical for deriving accurate inventory levels.

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5 Demand Planning and Forecasting Methods that Accurately Predict Demand

ThroughPut

Keeping up with demand and market trends challenges most supply chain operators. It involves analyzing historical sales data, understanding market trends, and considering various factors influencing demand, such as economic conditions, consumer behavior, and competitor activities. It enables you to get a baseline prediction.