How much does your business spend on trade promotions to drive product sales? According to a recent Forrester report, the average for a CPG company is 20 percent of revenues, but the investment vs. return doesn't always add up. You already know that some of that money doesn't generate any return, but it gets worse: Forrester estimates that one-third of that spend – about seven percent of a typical company's revenues – actually generates negative returns, cannibalizing high-margin lines and encouraging "pantry loading."
Typically, when a protracted longshore labor dispute comes to an end, and operations on the docks return to normal, all parties vow to move forward and bury any residual acrimony. This time around, that might not be the case.
Analyst Insight: The term "supply chain visibility" is bandied about, but it lacks a consistent definition. There are many forms of visibility and companies use the term with many different definitions. The first step is getting clear on the definition, and the second is gaining clarity on the technology options. While most companies have made progress in supply chain visibility within the four walls of the enterprise, today, supply chain visibility in the extended supply chain is still in its infancy. – Lora Cecere, Founder of Supply Chain Insights
In 2014, organizations were caught off guard by the increase in advanced threats targeting vulnerabilities within business-critical applications running on SAP platforms. Everything from malware being loaded up on RFID devices and being inserted into the manufacturing process, to high-risk "denial of service" vulnerabilities are challenging organizations to re-think their current approach to protecting critical data.
Analyst Insight: Now that ERP for cloud has crossed the chasm, organizations have a multitude of choices to select the correct software to run their business. New vendors are rapidly emerging in the ERP cloud market. This is especially so within the the SMB market. Vertical specific solutions will disorient organizations by providing too much choice and unnecessarily increase selection time-lines. – Dylan Persaud, Managing Director, Eval-Source
Companies with centralized manufacturing have a single facility to produce and distribute their products or a central factory with multiple distribution points in their supply chain. A decentralized manufacturing company has multiple facilities that cover large areas, allowing products to be manufactured and distributed close to customers. Which is right for your enterprise?
The latest news, analysis, trends and solutions regarding enterprise resource planning (ERP) software and systems and their impact on supply chain management. New developments in ERP software - used by organizations to streamline day-to-day business activities like accounting, procurement and project management - are transforming the way companies operate and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using ERP systems for supply chain optimization.
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