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Supply Chain Optimization for Consumer Packaged Goods Inventory

Logility

Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. An advanced inventory planning and optimization solution allows these companies to set and maintain precise stock targets across a global network.

Modeling 130
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Does Perfect Customer Service Make Sense?

Logistics Viewpoints

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Ipsen also need to reduce their lead times.

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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective.

Modeling 270
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Consumer Credit, Generation Z, and the Consumer Packaged Goods Sector

Enterra Insights

Nothing is more central to the consumer packaged goods (CPG) sector than supply and demand — and few things affect supply and demand like economic trends. During this period of changing consumer behavior, retailers experienced an inventory mismatch and inflation reared its ugly head. ” Fox Business, 17 August 2023. [5]

Packaging 246
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A Wish for 99+ Percent Customer Service

ToolsGroup

For those finishing up their 2016 strategic goals, or perhaps looking for a Christmas wish or a New Year’s resolution, here is one to consider: a 99+% customer service level for your supply chain. Despite the heightened service levels, the company operated their entire distribution network with less than two weeks of inventory.

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Is the Package Under your Tree?

Supply Chain Shaman

Get Good at Having a Real-time Perpetual Inventory Signal. Foundational for ecommerce is a real-time perpetual inventory (PI) signal. If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. When a customer places an order, be sure that you can guarantee delivery.

Packaging 291
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Consumer Packaged Goods Manufacturers and Consumer-centric Supply Chains

Enterra Insights

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. That bodes poorly for consumer packaged goods, particularly the more expensive national brands that took share during the pandemic.”[1] Demanding Great Customer Service.