Overcome New Challenges in Consumer Packaged Goods (CPG)

Today’s consumer products businesses face a host of new challenges. Changing consumer demands are influencing product design and price optimization like never before. Meanwhile, the volatile economy necessitates unprecedented supply chain agility. And increasingly stringent food safety regulations mean compliance is not only more important, but also more difficult to achieve than ever.

To overcome these challenges, retail companies need to bring all of their PLM processes together in one place – with sophisticated ERP software that meets their specific needs.

In today’s customer-driven market, effective demand management is absolutely essential. CPG companies require quick and easy access to relevant information to support profitability analysis and price optimization.

And to guarantee accurate data, they need best-of-breed forecasting software. Technology aside, enterprises must not lose sight of their most important asset – their customers.

Good planning is critical to success, but quick, efficient re-planning is as just as important. With an increasing number of goods being transported daily, planning must be agile enough to respond to unpredictable events – such as delivery delays caused by traffic jams.

To accelerate decision making, access to accurate real-time information via the IoT is vital.

In an era defined by globalization and digitization, businesses require a systemized food safety program. This should ensure the highest possible quality across all processes and timely compliance with global regulations.

To close the gap between incidents and corrective actions, companies in the food sector need a powerful in-memory platform, while innovative IoT capabilities can keep them ahead of competition.

• Is it increasingly difficult for you to cope with changing consumer demands and economic volatility?
• Are you struggling with shrinking operating margins due to growing global competition and fluctuating raw material prices?
• Are you suffering from compliance issues due to a dynamic global regulatory environment and the necessity to mitigate operational risk and manage nonconformance?
• Are you familiar with all the compliance issues and food safety risks caused by a growing global economy?
• Are data granularity and transparency increasingly significant to your company?

If you are currently facing one or more of these challenges, we can help you rethink your processes.

Are you searching for answers or would like to receive more information on the consumer products industry? Do you want more detailed advice from our expert or wish to book one of our consumer products workshops? Just contact us – we will be glad to help you.