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CPG earnings report: Data technology tackles headwinds, helps meet demand

crisp

General Mills reported that ongoing value-seeking behaviors from consumers is influencing both the channels they shop and basket sizes, creating headwinds to the company’s margins. What are CPG executives reporting on the sustainability front? What’s the response to this shift in consumer behavior by the leaders in the CPG industry?

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6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

Food and Drug Administration (FDA) and other governmental entities necessitates continuous reporting on product traceability and adherence to exacting standards. ERP analytics streamline the non-conformance process, facilitating the management of corrective actions and generating workflows linked to the original non-conformance event.

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Report from Food Marketing Institute Highlights CPG Logistics Challenges

Zipline Logistics

Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. Since the first quarter of 2020, CPG logistics costs have risen by 37% to an average of $1.71 cost per case.

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Addressing Global Food Security

Enterra Insights

According to McKinsey & Company partners, Daniel Aminetzah and Nicolas Denis , the world could be facing a significant food crisis in the near future. Converging disruptions have sent food prices soaring — and Russia’s invasion of Ukraine, one of the world’s six breadbasket regions, risks tilting the food system into global crisis.”[1]

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Using Analytics to Measure S&OP Effectiveness

Silvon Software

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals. logistics firms).

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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

Logistics Viewpoints

Beer and food industries are particularly affected by the shortages of aluminum cans as most customers prefer take-home packaging. Many breweries were also reported to be paying premiums to purchase cans just to meet their immediate needs. More smelters are expected to curtail operations leading to reduced supply in the market.

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Trends 2022: Food and Beverage

Enterra Insights

The International Food Information Council (IFIC) staff writes, “As the world begins year three of the COVID-19 pandemic, we find ourselves in a decade that proves the adage, ‘The only constant is change.’ ’ The food system is hardly immune to turmoil.”[2] Food and Beverage Trends. ”[7].

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