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Consumer Products
Consumer goods are the goods and services bought for personal and household use such as food and clothing that are intended for direct use or consumption. Consumer goods are classified as durables and non-durables. Examples include: groceries, foodstuffs, fashions, durables and clothing.
The challenges they often face are:
- Reduce forecast error.
- Improve electronic collaboration with distributors and customers.
- Improve lead time and order fill performance.
- Service complex markets.
- Innovate - develop new products.
- Manage customer relationships.
- Manage variable customer requirements.
- Manage product promotions and complex pricing.
- Provide efficient 24/7 web-based order taking and processing.
- Manage warehouse operations.
- Control large inventories.
- Manage product and raw material shelf life.
- Plan and manage distribution and goods in transit.
- Reduce production lead times.
- Maximize delivery loads.
- Keep late deliveries and stock outs to a minimum.
- Manage seasonal demand.
- Ensure efficient warehouse management and order picking and packing operations.
- Innovate - develop new products.
- Manage introduction of new products.
- Reduce finished goods inventory.
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