CPG Sector market analysis – How supply planning solutions helped a CPG firm to reduce stockouts
LONDON: Quantzig, a global analytics services provider, has recently completed their latest supply planning solution for a CPG client. The global CPG industry is the foundation for the contemporary consumer economy as it drives enormous amounts of money into businesses like advertising and retail. It is also a means for the national economy to increase the gross domestic profits (GDP). Players in the CPG industry are looking to create and enhance shopping customer experience owing to the recent digital advances.
“The supply planning solution helped the CPG client to take into consideration the seasonality, tendencies, and the cost of production to decrease stock-outs. Additionally, the engagement helped the CPG client to predict customer demand patterns and meet production requirements.” says an industry expert from Quantzig.
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The supply planning solutions helped companies to increase forecast accuracies and enhance version management capabilities. Additionally, firms were also able to develop a robust inventory replenishment plan to offer consistent and reliable customer service to drive improvements in the supply chain performance.
Additional Benefits of the Supply Planning Solution
- Increase forecast accuracy and management capabilities
- Offer consistent and reliable customer service
- Help predict demand to decrease the cost of production and stockouts
- To know more, request a free proposal
To know more about how our supply planning solution helped the CPG client