The Consumer Packaged Goods (CPG) industry is witnessing a continuing supply chain transformation. 2024 is on the horizon and industry leaders need insights into trends to be able to sort out the difference between buzzwords and real value.
Many use them, but don’t really apply to concepts… such as
Wait till somebody brings a good application that provides low-cost, effective traceability
Hyper localizing supply chain
Look hard at the efficiencies lost from moving from centralized to decentralized
Resilience and Flexibility
These are great buzzwords and we all sorta know what it means, but how do you measure it? If you rephrase it as “Being able to cost-effectively meet 2 sigma changes in demand,” I’m all in.
Buzzwords with some substance:
Modern consumers prioritize sustainability
, pressing brands to adopt eco-friendly practices in their supply chains. From sustainable sourcing to reducing waste and carbon emissions, green practices are becoming non-negotiable.
How AutoO2 Can Help: using optimization AutoO2
can reduce the number of loads shipped and reduce the associated carbon. With new reporting, savings can be visualized.
Automation and Robotics
Availability of labor is up while AGV’s are on backorder. Get your order in now! There are myriad suppliers of “arm robots” that pick Eaches… So waiting for things to sort themselves out, is not a bad idea.