Consumer products supply chains are complex and must deal with many variables, including global raw material sourcing, sprawling distribution networks and dynamic promotions to balance supply and demand. Whatever your challenge, consumers still expect products on shelves when they want them.
Feel like your supply chain can never get ahead? Stuck in an endless loop of emergencies, trying to prevent out-of-stocks, OTIF fines and upset retailers?
This white paper explores the disconnects across people, processes and systems that keep supply chain teams in constant firefighting mode, even before the COVID-19 crisis.
Just five short months ago, the consumer goods industry was focused on building a supply chain to support the omnichannel era, focusing on four key areas: demand planning, fulfillment, manufacturing, and last-mile delivery. However, since then the industry has been flipped on its head.
The scale and breadth of the current challenges can seem overwhelming, but business leaders do not have the luxury of time in developing a response. Societies need their help managing the immediate emergency.
A staggering $10 billion in excess inventory is held to buffer against poor On-Time In-Full (OTIF) performance. Learn how retailers and suppliers can fix this and dramatically improve service while lowering costs.