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.

Pharma companies will increasingly take cues from retail and consumer goods….why?

The Network Effect

If you want to know ahead of time the changes awaiting the pharmaceuticals supply chain it is useful to extrapolate experiences from the consumer and retail sectors, which were dealing with the same trends and pressures long before pharmaceuticals (for example, the proliferation of distribution channels). The post Pharma companies will increasingly take cues from retail and consumer goods… why?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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.

Planning Food Logistics Efficiently in Times of Disruption

DELMIA Quintiq

The right software, such as DELMIA Quintiq, can empower retailers to adjust to a new set of constraints and requirements in real time such as: New pick-up locations Sudden changes in volume New or additional modes of transport Changes in network of stores Traffic congestion. Consumer Goods Food & Beverage Logistics Planning covid19 DELMIA Quintiq food logistics

Food 158

Does your supply chain hear the change coming?

Kinaxis

This means a shift from retail store-based supply chains to a more dynamic personalized one, based on the consumers. The rapid adoption of virtual personal assistants changes shopping habits, just as Uber changed transportation. Traditional calendar-based sales and operations planning (S&OP) is blown out of the water, as there will always be the requirement to adapt to what consumers want. Supply chain management consumer goods supply chain CPG supply chain

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.

Transportation Trends: What’s Going on in the Trucking Industry?

PINC

Here are the top trucking trends that all shippers should be aware of, according to The American Transportation Research Institute. Coming into 2019, issues like the tariff wars, driver shortage, and rising freight rates were high on transportation managers’ radar screens. Growing demand for truck transportation over the past year has exacerbated industry capacity constraints as carriers continue to struggle with recruiting and retaining a qualified truck driver workforce.

Transportation, Planning, and Omni-Channel Fulfillment

Talking Logistics

But when PwC asked CEOs in a recent survey ( Global Retail and Consumer Goods CEO Survey: The Omni-Channel Fulfillment Imperative ) what areas most needed their additional attention to achieve omni-channel fulfillment, 88 percent said it is their transportation and logistics operations. Transportation is an Afterthought. Even more surprising, 31 percent have no transportation optimization capabilities, or use only faxes and phone calls for this purpose.

Short Case: Aborn & Co. works for Japanese Multinational Consumer Goods company to reduce transportation costs by $30M

Aborn and Co.

Situation: Headquartered in San Diego, the client is a leading provider of consumer audio/video electronics and information technology products for the consumer and professional markets.

Short Case: Aborn & Co. works for Japanese Multinational Consumer Goods company to reduce transportation costs by $30M

Aborn and Co.

Situation: Headquartered in San Diego, the client is a leading provider of consumer audio/video electronics and information technology products for the consumer and professional markets. Challenge: As the consumer electronics market saw increasing price competition and margin compression, the client was left looking

The New JDA Flowcasting Solution

BlueYonder

We’ve gone through several iterations of how to effectively balance supply and demand in the retail/consumer goods supply chain. Historically, a consumer goods firm did forecasting based upon historical shipments. Various forms of retail/consumer goods forecast collaboration have emerged to help cure the disease. Featured Flowcasting Inventory Retail Supply Chain Supply Chain Planning consumer goods flowcasting inventory retail

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.

Italy 56

As Fuel Prices Rise, Here's How Supply Chains Can Cut Transportation Costs

Elementum

Think about the supply chain of virtually every consumer good. Transportation can be a significant part of a business’ logistics costs— potentially upwards of 55 percent. Fuel price is driven primarily by five factors: demand, refinery maintenance costs, transportation constraints, crude oil prices, and geopolitical disruptions. In an attempt to reduce the length of transportation for products in the supply chain, several industries have taken to nearshoring.

As Fuel Prices Rise, Here's How Supply Chains Can Cut Transportation Costs

Elementum

Think about the supply chain of virtually every consumer good. Transportation can be a significant part of a business’ logistics costs— potentially upwards of 55 percent. Fuel price is driven primarily by five factors: demand, refinery maintenance costs, transportation constraints, crude oil prices, and geopolitical disruptions. In an attempt to reduce the length of transportation for products in the supply chain, several industries have taken to nearshoring.

Combat Rising Transportation Costs and Driver Shortage With Supply Chain Analytics

Savi

Today’s driver shortage is helping to drive transportation costs higher. On top of all these factors, the driver shortages, an almost 100% driver turnover rate, and increased demand further jam up the supply chain and limit transportation options. The chart below (courtesy of Peter Boockvar ) illustrates historical truck transport cost and consumer goods cost movement. The white line is consumer goods, minus food and energy.

When you think QAD, do you think SCM?

Logistics Viewpoints

QAD provides full-featured manufacturing enterprise resource planning (ERP) software, on premise or via the cloud, with very deep functionality for the Automotive, Food & Beverage/Consumer Goods, High Tech, Industrial, and Life Sciences industries. Just for Fun QAD Quality Management risk management supply chain transportation managementQAD is far better known for their manufacturing than supply chain solutions.

SCM 218

The Ever-Expanding Role of AI and AR in Food Logistics

Cerasis

While electronics, automotive, and consumer goods’ supply chains promote their products, the food supply chain represents a basic human necessity–food. The post The Ever-Expanding Role of AI and AR in Food Logistics appeared first on Transportation Management Company | Cerasis. The food supply chain is unlike any other.

Food 219

Disruption from Your Supply Chain: Product Recalls

PLS Logistics

A product recall is the process of retrieving and replacing defective or unsafe consumer goods. Recalls create tension in the supply chain and test consumer relationships, affect sales, and can negatively affect a brand’s reputation. Transportation Supply Chain DisruptionsWhen a company issues a recall, the company or manufacturer absorbs the cost of replacing and fixing those defective or unsafe products.

[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. Transportation Metrics that Matter the Most for Shippers to Track to Improve Performance. Capacity Crunch Carrier Relations Freight Logistics Transportation Management Right Carrier Mix

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

One area where significant waste exists is transportation management. Simply put, many oil and gas companies manage their transportation operations in a highly decentralized and fragmented manner with little or no technology. In response, oil and gas companies are starting to take action to improve their transportation management capabilities, with many of them looking at implementing a transportation management system (TMS) for the first time.

Kimberly-Clark’s Journey to Logistics Procurement Excellence

Logistics Viewpoints

Kimberly-Clark, the $21 billion consumer goods company with brands like Huggies and Kleenex, is a major user of JDA’s TMS solution. Consumer Packaged Goods (CPG) Procurement Transportation Transportation Management Systems JDA Kimberly-Clark transportation managementJenni Stamps and Melanie Payne, the Domestic and International Pricing Managers respectively at the Kimberly-Clark Corporation (KCC), spoke at this year’s JDA Focus.

3 Best Practices to Improve Your Flatbed Shipping Performance

CH Robinson Transportfolio

Manufacturing/Auto/Industrials – Raw material and original equipment manufacturer (OEM) supplier networks, along with factory outputs tied to industrial equipment, automotive products, and consumer goods. Freight and Transportation Services Flatbed shipping Truckload services

Transportation TIP List: Week of December 16th, 2018

Transplace

Transportation TIP List: Week of December 16 th , 2018. This year’s final list includes stories on the value of a TMS for supply chains and automation’s impact on transportation. Transportation Management and The Promise of Machine Learning : Transportation management systems (TMS) have a proven ROI; primarily, a TMS can save companies money by lowering their freight spend. The post Transportation TIP List: Week of December 16th, 2018 appeared first on.

Does your customer really need that product right now?

DELMIA Quintiq

The 2014 UPS Pulse of the Online Shopper study reports what truly affects shopper satisfaction: This presents new opportunities to retailers who are quick to offer what consumers want. And now for the good news…. 1 McKinsey CPG: Trends that will shape the consumer goods industry. Transport & LogisticsRetailers are still debating the logistical and financial feasibility of same-day delivery while racing to offer it – in equal measure.

Retail 174

How to Reduce Inbound Freight Costs by Tens of Thousands of Dollars

PLS Logistics

PLS Logistics is partners with a consumer goods manufacturer who has multiple locations. When the client was pressured by its retailer buyers for lower costs, they needed to optimize transportation management to find cost savings. The client felt they could decrease overall transportation spend, but they had no visibility into the shipping processes and could not identify any inefficiencies.

Retail’s Phantom Inventory Menace, or the Ghosts of Christmas Present

Supply Chain @ MIT

Our research, carried out in collaboration with a major consumer goods manufacturer, suggests the problem is significantly worse and costlier than many retailers assume. The culprit is “phantom inventory”—goods that […]. Featured Strategy managing missing inventory MIT Center Transportation & Logistics phantom inventory retailers' inventory problems Supply chain research why products go AWOL in stores

Reverse logistics blues should not be “business as usual”

DELMIA Quintiq

In Fast Moving Consumer Goods (FMCG) industries, we’ve conditioned the customer to respond to predictable price movements at predictable intervals following the product landing on the shelf (real or electronic). This approach, taken from Fast Moving Consumer Goods (FMCG) industries, is applicable not only to industries functioning like FMCG – for instance, fashion, consumer electronics, so on – but to any industry. Transport & Logistics

This Week in Logistics News (April 23-27, 2018)

Talking Logistics

I was a bit rusty when I started, but it felt good to be outdoors after riding in the basement all winter! We’ve raised almost $22K already — a good start to reaching our $75K goal! Freight Costs Weighing on Earnings at Consumer-Goods Makers (WSJ – sub. Manhattan Updates its Visionary TMS Solution to Address the Transportation Industry’s Biggest Challenges.

Trucking Companies Are (Finally) Recruiting More Women

Elementum

They’ve since been struggling to meet increasing demand for freight transport. Over 70 percent of consumer goods rely on transportation via highways to reach store shelves. Trucking fleets are now charging higher prices to haul goods across the country, and it still remains to be seen as to whether this increase will be accompanied by a corresponding rise in wages. Logistics truck drivers transportation women

Corporate America’s New Dilemma: Raising Prices to Cover Higher Transport Costs

Supply Chain Brain

Interviews with executives at 10 companies across the food, consumer goods and commodities sectors reveal that many are grappling with how to defend their profit margins as transportation costs climb at nearly double the inflation rate. Labor Department reported earlier this month that underlying consumer prices in January posted their biggest gain in more than a year.

Market Monitor of Turkish domestic logistics market

Supply Chain Movement

Although exports are increasing, Turkey remains a net importing country specifically for energy, high tech, industrial and consumer goods. Reports 3PL distribution DSV Solutions economy Istanbul Loder logistics logistics service providers Outsourcing supply chain transport Turkey The heydays of 2009 to 2011 may be over but Turkey is still a very attractive market for European manufacturers.

Lean Thinking Revisited

Operations and Supply Chain Management

The supply chains for consumer goods in the U.S. billion, a drive that relied on efficient transportation. remain under strain months after pandemic lockdowns triggered a range of sudden and surprising shortages.

Lean 52

How To Keep Your Supply Chain Moving Fast as Fuel Costs Rise

Elementum

Currently, there are more than 500,000 over-the-road drivers delivering goods across the U.S. Implications for other industries Demand for consumer goods continues to experience aggregate growth, and with it industrial output. As higher labor and fuel costs ripple through the economy, the pressure is mounting on manufacturers and retailers to raise costs — costs that could eventually be passed on to consumers. shipping Logistics transportation fuel costs trucking

Cargo 73

Sit Back or Lean In: The Options for Furniture Manufacturers Facing Impending Tariffs

CHAINalytics

Consumer goods and electronics manufacturers are busy figuring out what they’re going to do in December when President Donald Trump’s 10 percent tariff on an estimated $300 billion worth of Chinese imports takes effect. Blog Feature Transportation consumer durables fleet modeling fleet optimization freight benchmarking freight transportation last mile consultant last mile consulting Last Mile Delivery Network Design Supply Chain Network Design Transportation Benchmarking

Lean 78