Industries > Consumer Packaged Goods | SupplyChainBrain

Consumer Packaged Goods: Page 160

Sharks vs. Jets on the West Coast Waterfront?

Here's a question for U.S. exporters who were grievously harmed by the West Coast longshore labor slowdown in late 2014 and early 2015: Would it make you feel any better to learn that you were the victims of "a street brawl"?

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Designing Supply Chain Networks the Right Way

Analyst Insight: Network design, network planning, network analysis, network optimization, or network studies - these terms have been used over the past 25 years to represent the work to determine how to set up logistics networks, how to analyze them for cost reductions, and how to re-plan them when something important changes. - Gene Tyndall, Executive Vice President, Tompkins International

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Customs Automation Is Finally Happening. Really!

After years of delay, the automation of importer filings, involving multiple government agencies, is upon us. Say hello to the "Single Window."

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Managing Knowledge to Achieve Zero Product Failures

Analyst Insight: Manufacturers are under greater pressure to improve product reliability and reduce cost-of-quality non-conformance, while increasing product functionality. This can be done through increased use of software, mechatronic systems, new materials and manufacturing technologies. Still, more pressures await, as manufacturers struggle to reduce a product’s time-to-market, all while keeping capital investment low. Doing more with less requires manufacturers to reduce the time from detecting a product issue to correcting it, known as detection to correction (D2C). - Kevin Reale, Senior Manager, Advisory, Ernst & Young LLP

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Reshaping the U.S. Trucking Industry

Analyst Insight: The U.S. trucking industry is experiencing unprecedented change that is spurring consolidation in the fragmented market. For shippers, the upheaval can be both good and bad news. Acquisitions can offer shippers the opportunity to expand operations to new areas without the need to change carriers. Conversely, consolidation reduces competition in the marketplace and may have a negative impact on rates or service levels. Throughout this shakeout, shippers will need to determine how the market adjustments will fit into their strategic growth plans. - Brian Broadhurst, Vice President of Transportation Solutions, Spend Management Experts

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The Three Rings of Inventory Optimization

Analyst Insight: Ever wonder why a majority of inventory optimization projects struggle to completely realize potential benefits? Most companies focus solely on inventory strategy, without taking a comprehensive, holistic approach. Taking the holistic approach introduces two additional levers to inventory optimization - business alignment and execution excellence - which, coupled with inventory strategy, enable supply chains to achieve strategic and targeted performance improvement goals. We call these the three rings of inventory optimization. - Rodrigo Cambiaghi, Principal; Claudio Menegusso, Senior Manager; Mark Johnson, Manager; and Saurabh Jha, Senior, all in the Advisory Services of Ernst & Young LLP

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Improving the Downstream Supply Chain

Analyst Insight: Given today's intensely competitive business environment, as well as consumers who are more informed and demanding than ever, it's imperative that companies develop customer-driven operations that create a distinctive experience through supply chain capabilities. Simply put, product/service features and pricing are no longer enough to meet customer expectations. And since customers in different segments often have very different needs, generic supply chain capabilities won't cut it. - Joseph S. Roussel; Global Operations Advisor, PwC; Brad Householder, Principal, PwC

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The Importance of Network Design to Supply Chains

Analyst Insight: It is important to recognize that a consumer packaged goods company's network determines its supply chain efficiency and customer satisfaction. Designing an optimal supply chain network means the network must be able to meet the long-term strategic objectives of the company. Most business units or functional areas within a company are impacted by network design efforts; therefore, the involvement of key stakeholders is imperative. - Bruce Tompkins, Partner, Tompkins International

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Consumer Goods Companies Must Focus on Their Brand

Analyst Insight: Consumers want the same experience regardless of what supply chain is in play. Consumers' expectations are growing and now the brands must be more cognizant of their supply chains and how it supports the brand. The dynamics between CPG - retail - consumer has changed drastically. Consumers no longer distinguish between channels and therefore CPGs themselves must be more proactive to manage their role in this ecosystem. - Guy F. Courtin, Vice President & Principal Analyst Constellation Research

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Data Quality and Consistency Are Key to CPG's Evolution

Analyst Insight: Data has become as consumable as a box of crackers. As a society, we expect information about product origins, ingredients, allergens and other information will be available at our fingertips prior to purchase. However, data inconsistencies often frustrate consumers on their quest to learn more and can stop them from completing their purchase. As a result, consumer packaged goods (CPG) companies are focusing on data quality to satisfy the demands of increasingly empowered consumers. - Angela Fernandez, Vice President of Retail Grocery and Foodservice, GS1 US

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Exploiting Digital Business to Transform Consumer Products Companies

Analyst Insight: Digital business creates new opportunities for consumer packaged goods companies to transact directly to their end consumers. Digital business is information-enabled business that employs an abundance of new information in ways that better service customers. Bottom-line digital business offers the potential to transform the way that CPG companies interact with and serve their customers allowing them to create new operating models that tighten the bonds with their end consumer, which has the potential to transmogrify the CPG industry. - Dwight Klappich, Vice President, Supply Chain Research, Gartner

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Supply Chain Professionals Ask, 'Why Not SaaS?'

Analyst Insight: Not too long ago, many supply chain professionals were skeptical of adopting a SaaS delivery model for their solutions. There was a hesitancy to move their solutions off premise, into the cloud and pay a subscription. How times have changed. Supply chain solution providers are all moving to the model or designing native solutions that are cloud-based. - Guy F. Courtin, Vice President & Principal Analyst, Constellation Research

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