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Overcoming the Challenges of FMCG Supply Chain

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 "Overcoming the Challenges of FMCG Supply Chain" topic:

Supply chain management has become one of the key determinants of success against increasing competition. This growth in FMCG is placing ever more complex demands on the local supply chain. Discuss & share information on the challenges FMCG sector faces.

4 insight , 2 idea contests , 2 question on topic: "Overcoming the Challenges of FMCG Supply Chain"
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  Fast moving consumer goods!, as the name suggest they move fast out of your shelves and needs to be stocked again, in the speed it moves away from the shelves Hence supply chain is the heart of fmcg goods and, if at all your scm lets you down you should be ready to manage the disruption. are you ready for the game?   When it comes to global supply chains, the potential for disruption comes in many forms, from large-scale natural disasters and terrorist attacks to plant manufacturing fires, wide-spread electrical blackouts, and operational challenges such as shipping ports too small to handle the flow of goods coming into a country.   Disruptions in supply chain are inevitable, but we shou...
Ajay surya Kongara  |  Commented  |  2 years ago
1)JIT and ERP are the best techniques for the FMCG to improve Supply chain.I can agree, it is very difficult to Bring all the products under JIT practices. 2) If we impliment best Software solutions like SAP or Xelus , we can reduce Inventory...
 
 
Insight: "Are you ready to manage the risk of supply chain disruption?" deleted from your view.
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1 Appropriate distribution network.
2 Supply-Chain Integration through Information Sharing
Manoj T P  |  Supported idea  "Supply-Chain Integration through Information Sharing"  |  1 year ago
Yes with out optimising inventory nothing works and information technology is to be used in every phase of stock movement.
malladi madhukumar  |  Added idea  "Appropriate distribution network."  |  1 year ago
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.
sai kiran M  |  Supported idea  "Appropriate distribution network."  |  1 year ago
Yes . I agree appropriate distribution network is required to place the product properly.
 
 
Ideate: "What could be the initiatives that a FMCG company could do to improve Supply chain?" deleted from your view.
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1 Through IT
2 Be flexible and responsive
Vipin Tripathi  |  Added idea  "Through IT"  |  3 years ago
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...
Mitesh Gupta  |  Added idea  "Be flexible and responsive"  |  3 years ago
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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THE significance of product tracking and recall could not have been emphasised more - even as the consumer grapples with issues such as worm-infested chocolates or pesticide-laced soft drinks. And it is precisely such supply chain management-related issues that would be addressed at the third ECR India Conference to be hosted at Chennai on Thursday, where insights developed by ECR India, along with a host of fast-moving consumer goods (FMCG) majors, would be showcased to enable retailers and manufacturers to fulfil the consumer's demands. Efficient Consumer Response (ECR) is a global movement in the FMCG industry with a focus on supply chain management. In India ECR was founded in 1999 by c...
 
 
Insight: "FMCG majors brainstorm to ease supply-chain bottlenecks " 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...
pramod sharma  |  Commented  |  1 year ago
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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Dear Fellow Professionals I seek your support and inputs to select a CFA / Warehousing service provider in Guwahati. If you could recommend potential partners for us, based on your experience it will...
 
 
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Why there is no MRP on say restaurant foods (I am not sure if it is there, but I didn't come across), real estate, automobiles etc. May be some of the items price is regulated by the manufacturer. If...
Joseph Dancs  |  Answered  |  3 years ago
MSRP or MRP was developed by manufacturers to help control pricing, provide selling price guidance to retailers, and provide a solution for margin requirements to retail.  Since that there has been another acronym implemented called MAP to help...
 
 
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Vegetarians will develop less blood, bladder and stomach cancer than meat eaters, according to new research published in the British Journal of Cancer. The grouping of two studies featured more than 61,000 vegetarians over a timespan of 12 years and found they contracted less cancer, independent of factors such as smoking, alcohol use and obesity than those who consumed meat or fish or both. Differences in stomach and bowel cancer rates were not as pronounced as may have been expected given previous research and indeed, vegetarians had slightly higher, but not significantly so, rates of colon and rectum cancer. Cervical cancer rates were twice that of meat-eaters among vegetarians. Breast a...
Raju Ramalingam  |  Commented  |  2 years ago
Good and valuable info. Lets try not to kill animals for our consumption. Finally vegeterianism = humanitarianism
 
 
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