Consumer Goods & Retail
Consumer Products & Retail
The Consumer Products industry has many supply chain concerns. New products are being innovated and developed every day, and they all have to adhere to sometimes strict regulations. In addition, there are unique product management and supply chain challenges that must be addressed in order to maintain a healthy operation.
To help address these concerns, Inspirage has worked to develop industry-focused solutions designed specifically for companies that work directly with consumers, including:
- Consumer Goods
- Retail & Distribution
- Food & Beverage
- Communications, Media & Entertainment
With our expertise in each of these verticals, we have been able to help our customers leverage their Oracle deployments to enhance the performance of their value chain and, ultimately, get products to consumers on time and on target.
Industry Challenges
Challenges within the Consumer Products industry surround being able to get items to consumers on time and on budget, but that’s not all: Organizations also have to be able to deliver value to both stakeholders and consumers in an increasingly competitive landscape. Here are only a few of the key issues surrounding the consumer product supply chain that operations managers need to address.
Building trade promotions and incentives through sales channels
Consumer and trade promotions are marketing strategies that strive to get customers to buy products. It can be difficult to measure the effectiveness of these kinds of strategies, and companies have to answer questions like: Is the trade promotion getting to customers? Does this affect customers’ decisions? Trade promotion management, therefore, is a critical piece of a company’s overall operation.
Limited Visibility
Having key insight into every inch of the supply chain is one of the most crucial aspects of managing a successful operation. It’s therefore key to curtail limited visibility that arises in any of these areas:
- Trade spend and deductions
- On-shelf availability
- Omni-channel operations
Inspirage Solutions
Inspirage has over 100 (and growing) pre-built solutions leveraging Oracle applications to help our clients jump-start their projects, reduce risks and improve time to value. Here are just a few that have been specifically built to address the unique challenges of the Consumer Products industry:
- Rapid Start Trade Promotion Management
This is an affordable, scalable solution that leverages Oracle’s Predictive Trade Planning and Deduction & Settlement Management applications, with several value-added extensions and managed services from Inspirage. The result? A hosted solution that is quickly deployed and can accurately forecast demand. Inspirage’s rapid time-to-value solution provides a path forward to enable advanced promotional analytics when the client has a sufficient amount of promotion data history. This allows organizations to do bottom-up and top-down volume planning, and it creates standard approval workflows and audit trails. For more information, take a look at our TPM datasheet. Multi-Channel CPFR with Sell-In / Sell-Through
As your channels and supply chains continue to grow, extend and become more complex, the lines between traditional products and consumers products blur. Inspirage’s Multi-Channel Planning Solution is designed to break down those barriers by providing a robust platform that leverages leading business practices to enable responsive collaboration across trading partners. This solution offers support for strategies aimed at adapting to sophisticated digital consumers. Collaborative Planning, Forecasting and Replenishment (CPFR) solutions help organizations manage their omni-channel operations in light of the constantly evolving digital age. Inspirage’s Multi-Channel CPFR Planning Solution leverages leading business practices in order to enable collaboration across trading partners. For more information, download our datasheet.- Warehouse Management Solution
Inspirage delivers all of the components needed to drive your business processes on the warehouse floor. Inspirage provides consulting, deployment and implementation services using best-of-breed technologies from Oracle and our partners. Comprehensive WMS and MSCA solutions from Inspirage simplify your projects and reduce risks by having a single, experienced partner with complete accountability for the entire solution. We take our years of value chain expertise and apply them to making sure you have the most effective, efficient warehouse management solution for your needs.
For more information about any of these solutions, reach out to the Inspirage team.
Customer Success
Massimo Zanetti Beverage
Consumer packaged goods company Massimo Zanetti Beverage USA partnered with Inspirage to improve forecast accuracy and strengthen inventory management practices. Ultimately, by leveraging Oracle Demantra products, Massimo succeeded in working with customers more efficiently and effectively.
For more information about how Inspirage helped Massimo Zanetti derive more insights and improve its supply chain with Demantra solutions, check out this video.
San Miguel Pure Foods
Inspirage helped San Miguel Pure Foods leverage Oracle Demantra solutions to create an automated forecasting process. The goal was to address all the pain points of their forecasting process and to create a single source of truth for supply chain data.
For more information, check out our video of the experience.
Andrew Peller Limited
This Canadian winery implemented an Integrated Business Process (IBP) using Oracle Value Chain Planning applications with help from Inspirage. At the same time, the company implemented a totally integrated planning system that allowed them to plan daily production and forecast wine sales years into the future.
For more information, take a look at our IBP and Andrew Peller webinar.
Create Greater Value with Inspirage
The various supply chain concerns within the consumer products industry can be addressed with the combination of people, processes and technology that Inspirage offers.