Consumer Goods Forum Creates Sustainable Supply Chain Program

Material Handling and Logistics

"Today, any company wanting to assess the sustainability of their value chains faces a confusing array of different technical standards and auditing approaches,” Peter Freedman, managing director, The Consumer Goods Forum. In an effort to support the development of socially and environmentally responsible supply chains around the world, the Board of The Consumer Goods Forum (CGF) has decided to create the Sustainable Supply Chain Initiative (SSCI).

Special Report: Supply Chain Trends in Retail and Consumer Goods

Supply Chain Brain

As the world moves toward near-sourcing, instantaneous commerce and automated logistics, these are the steps companies are taking to build efficient supply chains

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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.

Planning Food Logistics Efficiently in Times of Disruption

DELMIA Quintiq

Planning and optimization software, powered by mathematical optimization, can perform calculations based on all available data sources to generate optimal plans It will help your planners manage existing resources and constraints to meet your business goals. Consumer Goods Food & Beverage Logistics Planning covid19 DELMIA Quintiq food logistics

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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.

Supply chain mapping meets blockchain tracking: Provenance partners with Sourcemap to power end-to-end, robust traceability for consumer goods

Sourcemap

In 2016 alone, reports of food fraud in cheese, olive oil, beef and seafood highlighted the business risks of opaque supply chains, and the growing consumer demand for knowledge. Companies are clamoring for ways to trace their products, whether to protect their reputation, to inform their customers, or to ensure the quality and authenticity of goods.

The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. Let’s compare the strengths and weaknesses of both international and domestic sourcing options. International Sourcing. Reaping the benefits of international sourcing.

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. This blog post doesn’t aim to be the ultimate guide to sourcing goods from China. I like to start with a broad-based search at Alibaba and Global Sources.

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. 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. Single Source of Truth Retail analytics software solutions tend to focus on enabling the sales team, while Alloy also acts as a single trusted data source across your organization.

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.

What the Home Depot-Askuity Acquisition Means for Customers

Alloy

Using inventory numbers as well as data collected from POS transactions, “Askuity aims to be the single source of data-driven insights for every store, every product, and every consumer,” per its website ?—?but In business school, they teach that “ you can’t manage what you don’t measure ,” and in this age of Big Data, tools that can help consumer brands glean insights from regular business activities is not just compelling?—?it’s

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. How do we set up a trusted single data source? identify a good data source, establish learnings, and then begin applying them to other data sources.

Shared Supply Chain Control Towers: Key Features and Considerations

Alloy

By serving as a single source of truth and fostering trust and collaboration across enterprises, it enables all parties in the supply chain to achieve goals like reducing costs and improving customer service?—?beyond 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. consumer-goods supply-chain analytics manufacturing operations

What CEOs are Saying About the EMEA Marketplace

BlueYonder

Earlier this year, PwC conducted a global survey of Consumer Goods and Retail CEOs to get their thoughts on the economic outlook for their marketplace, the key issues they face, and the importance of their supply chains in a multi-channel world. The German marketplace is also in a good place when it comes to other economic fundamentals—it has a low unemployment rate, about six percent, and it has inflation well under control at about three percent.

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Alloy recognized in top 10 of CGT 2019 Readers’ Choice Awards

Alloy

We are honored to join companies like Google, IBM, Microsoft, and SAP in being named a best-in-class provider in Consumer Goods Technology (CGT) Magazine’s 19th annual awards. Selected by the CGT community of consumer goods executives, Alloy was recognized as a top 10 vendor for both the Artificial Intelligence and Supply Chain Planning business functions. technology planning supply-chain artificial-intelligence consumer-goods

New approaches to solving out-of-stocks

Alloy

Out-of-stocks is an age-old problem that continues to confound the consumer goods and retail industry. It translates to billions of dollars in lost sales each year, as well as being a drain on time and resources and dealing a blow to consumer brand loyalty. after consumers have already been turned away. Because these are new data sources, they are likely not yet integrated into existing systems and it will take time to learn how to effectively use the data.

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Circular Supply Chains: The impact.

DynaSys

Some publications focus on the recycling aspect, others on carbon emissions and others on sustainable sourcing. Sustainable Sourcing. Chronologically, raw material sourcing is a logical starting point in the circular supply chain discussion. Sourcing and procurement decision-makers are confronting a perfect storm. They are facing cost increases, vanishing supply sources, combined with increased demand. Changing a supply chain near you.

PRO Point of View: Pascale de Felix, Global Sourcing Director – Methods, Tools & Responsible Sourcing at the Bel Group

EcoVadis

Global Sourcing Director – Methods, Tools & Responsible Sourcing (Bel Group). She is the Global Sourcing Director – Methods, Tools & Responsible Sourcing, and she has 10 years of experience in Responsible Purchasing. I have been working as a CSR referent for several years in addition to my position as head of purchasing for non-production goods and services.

Causal Forecasting Brings Precision to your Forecasting

Logility

In our increasingly interconnected supply chains, potentially valuable information is hidden in plain sight, obscured by the chaotic flood of structured and unstructured data a business generates and consumes. Phone * Company * Job Title * Zip Code * Source Asset Source Download ID.

How To Improve Shippers' Communication With Carriers And Customers?

Abivin

? The Fast Moving Consumer Goods (FMCG) industry faces tremendous competition in the marketplace. With increasing demand from consumers, the FMCG industry needs to respond to customers’ demands in a limited amount of time without loss of quality [1].

Defining Consumer Packaged Goods (CPG)

SupplyPike

Learn about: The definition of consumer packaged goods The types of CPGs What the CPG marketplace looks like Top trends in the CPG industry. Consumer packaged goods (CPG) describe merchandise that has to be reloaded frequently, as opposed to items that can be replenished after longer durations. Types of Consumer Goods. Consumer goods are items meant to be consumed every day. This, in turn, establishes the turnover of goods.

MEIO By the Numbers

Logility

The Good. 27% – Amount Stanley Black & Decker’s reduced its finished goods inventory ( Link ). 47% – Best-in-Class companies have strong process capabilities in optimizing inventory versus 29% of Laggards ( Source ). 61% – The number of Consumer Goods companies that rely on rule-of-thumb as their inventory policy ( Source ). 49% – Believe they have more than 11% excess inventory ( Source ).

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Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My first focus was on China sourcing. What good is a test unit when there are not enough swabs or reagents? China was the source of over 90% of PPE.) Get Good at Sensing the Market. This type of planning needs to be deployed by all consumer manufacturers. The order is no longer a good proxy for demand. And, in consumer products industries, the latency of syndicated data is deadly. A Sample Demand Pattern for Consumer Goods.

[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. Hello and welcome back to another episode of “The Freight Project Podcast!”

2021 Will Give Way to Big Changes in Supply Chain Practices 

ivalua

Customer demand for a wide range of consumer goods has abruptly shifted. Looking for solutions to achieve quick wins, such as automating the sourcing process or the contract management process can drive these initiatives forward. .

LogiSYM Digital 2020: COVID-19 Is A Wake-Up Call for Supply Chains to Ramp Up Business Continuity & Security – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Other rising concerns to be addressed, “suppliers were single-sourced, and there is a general lack of risk assessment that results in companies not being able to switch to alternative routing.”.

Digital Transformation: An Imperative for Industrial Manufacturing in 2017

Cerasis

The good news is executives are aware of the importance of digital transformation. Changing Consumer Expectations. This is a universal shift that affects businesses up and down the supply chain, even manufacturers that don’t produce consumer goods. Part of a digital transformation needs to be creating processes and empowering employees to transform the data coming from various sources into actionable insights.

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

DELMIA Quintiq

Whether you represent a metal fabrication company, a consumer goods manufacturer or a paint, fiberglass or paper producer, you have several ways to make the operation a more sustainable one. Energy Information Administration identified the following manufacturing sectors as the largest energy consumers: Bulk chemical manufacturing: 28%. Checking for worn-out dock seals, window weatherstripping and other areas experiencing unnecessary heat or A/C loss is also a good idea.

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

ToolsGroup

At this major consumer goods manufacturer, external market disruptions and internal changes (such as moving forecasting back and forth between Sales and Supply Chain) left them facing an array of demand planning process challenges. The current process needed more transparency, traceability and evaluation, such as identifying sources of forecast adjustments, forecast bias and forecast value add. You know that great feeling you get when you have an expert getting the job done?

How To Improve Shippers' Communication With Carriers And Customers?

Abivin

? The Fast Moving Consumer Goods (FMCG) industry faces tremendous competition in the marketplace. With increasing demand from consumers, the FMCG industry needs to respond to customers’ demands in a limited amount of time without loss of quality [1].

Overcoming Supply Chain Disruptions with Shanna Greathouse and Tony Nichols

The Logistics of Logistics

He has over 25 years of experience across all functions of the supply chain and IT in multiple industries including consumer products, life sciences, and industrial manufacturing. Shanna has experience in a broad range of industries including oil & gas, health tech, and consumer goods.

This is the invisible network that keeps the world running

The Network Effect

To better understand this invisible network, the author takes an amazing journey on a container ship between China and Korea, the idea being to trace the global supply chain back to the source of many of our consumer goods. The author does a good job of showing how companies are becoming increasingly connected, nodes in a larger network. Source: BBC. Yantian Port in China/BBC.

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Circular Supply Chain: the Politics of Pollution

DynaSys

It is debatable how much brand damage such audits wreak; however, no consumer goods manufacturer wants their logo showcased in a viral social media post about an enormous plastic island floating in the Pacific Ocean. Environmental factors now influence consumer buying preferences. We live in an increasingly connected world where the environmental friendliness of a potential purchase is instantaneously accessible at the point of decision making via Apps such as Good Guide.

Global Supply Chain Recovery Dependent On A Vaccine

Supply Chain Shaman

The companies are just not good at managing inventories and orchestrating distribution strategies. The industry planning team expertise lags the consumer goods, and hi-tech industries. They are seldom cross-functional to optimize source, make, and deliver together. The average demand latency for a grocery retailer is eighteen days, three weeks for consumer manufacturers, and six-to-nine months for chemical companies. Be a good shipper. My left arm hurts.

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There Are Not Enough Women Supply Chain Leaders!

Supply Chain Game Changer

Other industries that don’t ship physical goods (for example Financial Services or Insurance) have adopted sophisticated Strategic Sourcing methodology for their Procurement. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.