Consumer Products

Overcome New Challenges in Consumer Packaged Goods (CPG)

Optimize demand management, comply with food safety regulations, and increase supply chain agility – with tailored solutions from a global network of SAP specialists

Prepare Your Product Lifecycle Management (PLM) for a New Era in Retail

Today’s consumer products businesses face several 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. Moreover, 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.

Johnsonville, LLC

itelligence was an invaluable partner throughout the process, and Johnsonville benefitted from their leadership and methodical approach toward system upgrade, migration, and optimization.

Paul Townsend, Business Intelligence Team Coach, Johnsonville, LLC

Current Hot Topics for Consumer Products Providers

Demand Management

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.

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

Supply Chain Agility

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 Internet of Things is vital.

Learn more about supply chain management

Food Safety

In an era defined by globalization and digitalization, 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.

Re-imagine Your Business and Learn How to Compete Successfully in the Digital Economy

Here you get to know what to do. Our expert, Don Mackenzie, gives useful advice about how to create consumer-driven buying experiences and how to maximize supply chain performance.

Download

Are You Facing Similar Challenges in the Consumer Packaged Goods Industry?

  • 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, as well as 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.

Industry Specific Processes for Consumer Products

Inventory and Supply Chain Management

  • Manage inventory in multiple, concurrent units of measure where needed, and allow seamless processing in all units (e.g. pricing at the in-process scale)
  • Manage all inventory formats, including customer-owned, customer-pegged (promised), made-to-order (private label), quarantined, pre-approved by quality, etc.
  • Manage all traceability issues, lot track & trace, quality recall management, etc.

Sales and Operations Planning

  • Evaluate all options for improving the business
  • Explore product mix, customer mix, supply planning with ingredients and dry goods sourcing, supply chain costs, and optimization of cost options to maximize margins
  • Collaborate across all roles and functions to build the best plan

Product Lifecycle Management

  • Streamline PLM from product inception to disposal – and align the business’s product portfolio to its objectives
  • Transition from R&D to production in a well-planned, thoroughly coordinated manner

Pricing, Promotions and Commissions

  • Manage complex customer pricing including deep top-to-bottom logic to accommodate complex contractual pricing component details
  • Assign prices based on individual product characteristics
  • Handle promotional pricing issues connected to the physical logistics planning cycles (inventory, transportation, etc.)
  • Implement automated price optimization based on demand
  • Compensate broker/distributor channels accurately, with links to the end customer where needed

Multichannel Sales

One system to handle:

  • direct
  • indirect via brokers/distributors
  • B2B and B2C e-commerce and online stores

Analytics & Yield Management

  • Align analytics with strategic needs throughout your business process
  • Manage yield throughout the buying, production, storage, and logistics execution processes – focus this effort on critical control points rather than inefficient all-encompassing scope
  • Increase visibility to key performance areas for business leadership, real-time, in-process (no closes needed)
  • Streamline end-of-month and end-of-year processes for fast, accurate completion
  • Leverage imbedded analytics for real-time feedback on critical issues, such as yield

Profitability Analysis

  • Start with the right level of granularity to allow management of margin at the right level of detail for your business – most consumer product businesses need visibility at the customer and product level of detail
  • Slice and dice your profitability analysis to see the effects of customer/revenue and product/cost mix, logistics execution, and other factors influencing profitability – use this information to improve the sales and operations planning process

Our Consumer Packaged Goods Specialties

Eggs Industry

The egg sector, as a bulk business, is characterized by massive price pressure. Therefore, it is particularly important that all business processes, such as flock management, harvesting, grading, and sorting are optimally streamlined and run as cost-efficiently as possible. As experts in the egg industry, we know your processes inside out and will find a solution to cover all your needs.

Bakery & Confectionery

Over the past few years, sales figures in the bakery & confectionery industry have nearly stagnated due to customers’ changing nutrition habits. Consequently, staying competitive is more crucial than ever. As a basic requirement, you have to ensure that all processes – such as recipe management and quality control – run smoothly. Our experts support you with industry-specific SAP solutions so that you can concentrate on your core business: the production of culinary delights.

Meat Industry

Food safety regulations are particularly stringent in the meat industry, and compliance is vital for avoiding costly penalties – or, even worse, closure of the company. Moreover, legal requirements are changing fast and it is not easy to keep track of them all. We will support you with our proven expertise and solutions that are tailored to your unique requirements.

Dairy Sector

The growth of the healthy snacking culture and of online and mobile shopping are changing the way dairy food is being bought and consumed. Adapt to these trends through better use of technology and data to target customers with tailored offers. At the same time, ensure that supply and demand are in line through better inventory management. With our extensive knowledge of dairy industry processes, we can help you overcome these new challenges.

Durables

Digital transformation and changing consumer buying habits mean that analytics and big data are now requirements in the consumer durables industry. Companies must tackle the topics of cloud adoption, data security and SAP HANA to stay competitive in the growing global market. Profit from our technological thought leadership and industry-specific knowledge to overcome any challenge you may face.

It's Often the Little Things That Make the Difference

We understand the subtle differences among the consumer products industry’s specialties. As such, we have developed a multitude of industry-specific products to provide our customers with tailored SAP solutions – whether on-premise, cloud, or hybrid.

Don Mackenzie, Consumer Products Industry Principal, itelligence Inc.

itelligence: Experience Meets Innovation in Consumer Products

As a trusted long-standing partner of SAP, itelligence is part of the development process for industry-specific solutions from the outset. Combined with over 25 years’ experience in SAP implementations across multiple industry segments, this gives us unparalleled knowledge of the consumer products industry. It also puts us at the forefront of innovation in the sector, meaning that as we grow, you grow.

What is more, thanks to our global presence, you can benefit from our best-in-class B2B and B2C solutions and round-the-clock consulting, wherever you are.

How Our Customers Benefit from Us

Nilfisk-Advance, Brøndby, Denmark

The Application Management Services (AMS) agreement with itelligence gives Nilfisk-Advance access to global resources for development work in the Group’s SAP environment.

Read more

JP/Politiken, Copenhagen, Denmark

The project followed a clear SAP turntable and the consultants from itelligence had the experience and the competencies to run the process successfully. At the same time, JP/Politikens Hus noted that no add-ons had been made to the system.

Read more

DuPont, Copenhagen, Denmark

The BPC training project at DuPont in Copenhagen was executed as a 30 day BPC trial, where the EPM team members at the former Danish-owned company Danisco received training in the BPC software.

Read more

Dansk Supermarked, Brabrand, Denmark

The retail giant expects further growth within e-commerce in the future, as more online search- and buying options find their way into the shops via smartphones and tablets. That is why it was widely agreed that the employees in the call centre needed the very best interface to the SAP…

Read more

Wrist Ship Supply, Nørresundby, Denmark

Wrist Ship Supply has 950 employees in 14 countries and a turnover of more than 2.9 billion DKK. The reliability and credibility that the customers demand are the same that the Group wants when it comes to its financial reporting, which is why the Group has successfully implemented SAP BPC.

Read more

JYSK A/S, Aarhus, Denmark

Automatic handling of expense invoices is one of the enterprise advantages of the shared service center in the accounts payable operation of the giant retailer JYSK. The solution behind “e-invoicing” is called it.approval. The SAP partner is itelligence.

Read more

Synoptik, Herlev, Denmark

Synoptik has had a strong cooperation with a team of consultants from itelligence. The Qlik technology opens a fast and intuitive way to knowledge and Synoptik preferred to let the itelligence consultants finish the development of the applications for the business users.

Read more

Nilfisk-Advance

The it mds solution automates the process whenever Nilfisk-Advance creates and modifies material in SAP. The company thus saves time and cuts back on human errors made each year.

Read more

More Useful Insights into the Consumer Products Industry

How to Face the Effects of Digitalization that Are Rippling Through the Consumer Products Industry

Improve demand planning precision, enable a responsive supply chain, and create innovative product introductions.

Download

How to Create Value in a Digital, Consumer-Driven World

Engage your customers and capitalize on new opportunities. Get to know the capacities to identify and deliver value, directly when needs arise.

Download

Capitalize on New Opportunities in a Changing Global Consumer Goods Industry

Meet your customers’ growing requirements while staying on the cutting edge, with our industry solution it.consumer.

Download

SAP S/4HANA – How Does It Transform the Consumer Products Industry?

Simplify your consumer product processes with real-time supply chains and digitalized sales – two of SAP S/4HANA’s key industry capabilities.

Download

Speak to Us Today

Are you searching for answers or would like to receive more information about 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.

Contact itelligence +46 8 41028320

Contact
Contact

If you have any questions, please feel free to contact us.