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Home » Industries » CPG Distribution
CPG Distribution
Today companies in this market are faced with long lead times, fast-changing consumer trends, expanding SKU's, e-commerce, compliance in EDI, packing, labeling, and shipping complexities.
Key Absolute Value solution elements for the CPG Industry
| Long lead times for imported items |
Forecast handles long lead times. Net Time Phased Expected Inventory function provides view across time for accurate replenishment. |
| Container load price breaks |
Absolute Value looks at vendor targets to round to container loads for efficient procurement and shipping. |
| Inaccurate forecasts |
Choose customers and items on which to collaborate. Let standardized forecast handle the statistical stocking levels. Absolute Value will reforecast the past by item to select the best forecast formula going forward. |
| Too much of the wrong inventory on hand |
Buy based on the sum of statistical and collaborative forecasts. Absolute Value further refines the forecast, taking lead time into account. |
| Increasing numbers of SKU's |
Can handle millions of SKU's. |
| No good way to forecast new items without any Historical data |
Absolute Value can redirect usage from another similar product when you have no experience with that specific item. |
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