Many consumer package goods (CPG) companies face the same challenges as fashion businesses including high turnover in styles, colors and assortments and the need to meet regional and sometimes localized customer product requirements. To be successful, CPG supply chain teams must maneuver astutely around seasons, life cycles, assortments, promotions and retail demand signals across multiple planning horizons using the right SCM software. Synchronized planning across the short, medium and long-term horizons is absolutely crucial to profitability and competitiveness.
This eBook, Defining the Right Supply Chain Strategy in the CPG Industry, examines the role a comprehensive planning system in a SCM software platform plays in building the right strategy for every phase, including long, medium and short-term horizons.
Even under the best circumstances, developing production/sourcing plans three, six, or nine months into the future with a high degree of confidence is difficult for many CPG teams. Huge sales and margin impacts hang in the balance. Once orders are placed, the ability to nimbly respond to changes in demand can mean the difference between profit and loss. A comprehensive SCM software platform is essential in mastering long-, medium- and short-term business planning to ensure the right moves are made at the right time to maximize your business strategy.
The question you need to ask is, “Does your planning process unite the functions in our organization, make it easy to cooperate, simplify hand-offs, build trust, provide an accurate vision of the future, facilitate supplier collaboration, and allow you to evaluate likely contingencies to find the best strategy going forward? If the answer is “no,” download this eBook today and start to change your situation.