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Retail & Supply Chain Professionals |
Supply Chain Management in FMCG |
Logistics & Warehouse management |
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Identifying the key drivers behind change in the supply chain for Fast Moving Consumer Goods
Tags :
packaged goods, FMCG, consumer goods, supply chain, scm, supply chain management, global supply chain management, logistics, inventory management, operations management, supply chain logistics, logistics management, warehouse management, transportation management, 3pl, 4pl, consumer products, scm fmcg
Industry :
FMCG/Foods/Beverage
Functional Area : Logistics & Supply Chain |
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About "Identifying the key drivers behind change in the supply chain for Fast Moving Consumer Goods" topic:
Share insights on the key drivers impacting the consumer goods supply chain
1 insight
, 2 idea contests
, 1 question
on topic: "Identifying the key drivers behind change in the supply chain for Fast Moving Consumer Goods"
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(rate this)
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1
Appropriate distribution network.
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Supply-Chain Integration through Information Sharing
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Manoj T P
| Supported idea
"Supply-Chain Integration through Information Sharing"
| 1 year ago
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Yes with out optimising inventory nothing works and information technology is to be used in every phase of stock movement.
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malladi madhukumar
| Added idea
"Appropriate distribution network."
| 1 year ago
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Distribution of material should be planned in such a way that 1. Should see that minimum stock is maintained at thr outlet. 2. Proper display of the product. 3. Attending the complaint promptly. 4. Regular touch with top retailers.
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sai kiran M
| Supported idea
"Appropriate distribution network."
| 1 year ago
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Yes . I agree appropriate distribution network is required to place the product properly.
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Ideate: "What could be the initiatives that a FMCG company could do to improve Supply chain?" deleted from your view.
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(rate this)
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1
Through IT
2
Be flexible and responsive
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Vipin Tripathi
| Added idea
"Through IT"
| 3 years ago
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Retailers may drive the FMCG supply chain, but, they are themselves responding to customer centric strategies to win and retain high spending customers and IT is helping them to better serve their customers. A new trend is how the FMCG supply...
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Mitesh Gupta
| Added idea
"Be flexible and responsive"
| 3 years ago
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In addition to the above idea, some retailers are raising the bar on how responsive an FMCG supply chain needs to be. As goods quickly move off store shelves, retailers are demanding fast replenishment by the FMCG supplier. By identifying daily or...
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Ideate: "Why SC in FMCG?" deleted from your view.
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The success of the todays business is defined in terms of the accuracy, speed and action of the business processess. Particularly when we are talking of the retailing sector dealing with the cinsumer goods, accuracy plays the vital role. There should be the avaliability of right product, at right place , during the right time and at the lowest possible cost. It is not an easy task to mantain highly efficient supply chain, which forms the backbone of every retailing process. FMCG products form the major portion of comsumer goods, so you should have an appropriate idea of inventory management and shelf lives of waider product categries, so your stocking movements should be timely and accurat...
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pramod sharma
| Commented
| 1 year ago
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yes of course at that time you plan of those things also aware if any gap between any stock level or qty. then very hard to control it. always open mind work and things every stap it may be more easy to make the decision.
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Insight: "FMCGs: Can your supply chain handle the pace? " deleted from your view.
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Dr. Siddharth Varma
| Answered
| 3 years ago
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There are many parameters for measuring supply chain performance. Perhaps the most commonly accepted one is the total cost of the supply chain. The SCOR (supply chain operations reference) model is a comprehensive model which deals with measuring...
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Neha Saboo
| Answered
| 4 years ago
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I would start with the key business measures important for any business. These will be in any CEO's scorecard. Volume Sales/market share/volume growth Gross Margins and Profit/margin improvement/ Free Cash. Supply chain measures should support...
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Answer: "What are the key Global Measurements for Supply Chain Performance?" deleted from your view.
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