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Consumer Products
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Guide
5 supply chain challenges impacting consumer products companies
Navigating the complexities of supply chain management in the consumer products industry can be daunting. With constant innovations, packaging changes, and the need to manage regionalized supply and contract manufacturing, companies often face significant challenges. Sound familiar? Dive into our guide on the five key supply chain challenges impacting consumer products companies to uncover strategies for reducing costs, enhancing efficiency, and delivering superior customer experiences.
Benefits
We’ve got your industry covered
No matter what type of product you sell, we address the nuances of your business to empower you with the best supply chain management solutions possible.
Consumer durables
Orchestrate your supply chain to keep pace with the big ticket orders your customers rely on
Food and beverage
Keep your products fresh while adjusting to shifts in customer demands and consumer preferences
Apparel, footwear, and accessories
Plan for any scenario to ensure timely delivery of the right styles and sizes to meet ever-changing market trends
Health, beauty, and personal care
Gain transparency into your supply chain to ensure your consumers look and feel their best
Household products
Meet your consumer needs with an agile supply chain that always keeps essential items in stock
Features
Unleash your supply chain’s full potential
Change is constant in consumer products. With full level pegging, instantly see impacts on finished goods, WIP, raw materials, or capacity. Get real-time alerts on orders and manage exceptions immediately to keep your supply network running smoothly.
Make faster decisions by creating scenarios on the fly, balancing KPIs like revenue, margin, inventory, and delivery using weighted scorecards. Select the best carriers and routes from allocation to last-mile delivery, adapting as conditions evolve.
Empower planners with highly accurate, machine learning-based demand forecasting and sensing across all horizons. Leverage internal and external signals to explain and identify demand drivers and optimize your inventory to seamlessly fulfil orders.
Use expiry data and shelf-life requirements to minimize waste and reduce costs from expired and obsolete products. Get alerts for expiry risks, understand inventory impacts, and optimize orders and truck loads to cut trips and GHG emissions.
Gain faster alignment and improved decision making with built in collaborative workflows. Unlock value streams by identifying and addressing key gaps in your S&OP plan. Build strategies that ensure you achieve your financial objectives and meet your annual operating plan.
Change is constant in consumer products. With full level pegging, instantly see impacts on finished goods, WIP, raw materials, or capacity. Get real-time alerts on orders and manage exceptions immediately to keep your supply network running smoothly.
Make faster decisions by creating scenarios on the fly, balancing KPIs like revenue, margin, inventory, and delivery using weighted scorecards. Select the best carriers and routes from allocation to last-mile delivery, adapting as conditions evolve.
Empower planners with highly accurate, machine learning-based demand forecasting and sensing across all horizons. Leverage internal and external signals to explain and identify demand drivers and optimize your inventory to seamlessly fulfil orders.
Use expiry data and shelf-life requirements to minimize waste and reduce costs from expired and obsolete products. Get alerts for expiry risks, understand inventory impacts, and optimize orders and truck loads to cut trips and GHG emissions.
Gain faster alignment and improved decision making with built in collaborative workflows. Unlock value streams by identifying and addressing key gaps in your S&OP plan. Build strategies that ensure you achieve your financial objectives and meet your annual operating plan.
“Not only were there no impacts from the hurricane on our supply chain, but we were prepositioned so that as soon as our customers were ready to receive products, we were ready to provide them.”
“We have already seen our service levels going up by almost 20 bps just merely with the capabilities that we see in Kinaxis.”
“Kinaxis is one example of a powerful tool that we brought to our organization that has been helping us to make better decisions.”
“As we started reflecting on what we wanted to achieve, we doubled down on selecting Kinaxis as the single platform that we would leverage across the board.”
Resources
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