Crippling marketplace turmoil has put a spotlight on inventory disruptions and made supply chain resilience the number one priority for consumer goods companies. Discover how leading companies are advancing their supply chains and how you can do the same.
Bel Brands USA was looking to solve a major problem. With $285M in direct and indirect material spend across 3,500 suppliers, they wanted to cut costs and increase their sourcing efficiency, which was getting too difficult to manage.
Self-teaching algorithms can disrupt the RGM toolkit, especially when powered by the deluge of new data sources now available, such as coronavirus trends, real estate price data, and consumer sentiment.
During a virtual summit, Walgreens will work to increase sourcing from suppliers that are at least 51% owned, operated, and managed by individuals who are disadvantaged, disabled, military veterans, LGBTQ+, minorities, and/or women. Learn more.
As the supply chain finds itself at historic levels of disruption, consumer goods companies are steeling themselves for a rough road ahead. Learn how CGs are leveraging automation and artificial intelligence in order to manage today’s disruption and emerge with a competitive edge.
Thanks to a disruption cocktail of pandemic-prompted factory shutdowns, input shortages, labor scarcities and rocky logistics, the consumer goods industry finds itself in a supply chain crisis. And, unfortunately, the light at the end of the tunnel remains hazy.