![]() ![]() In recent years, e-commerce has accounted for 65 percent of growth in the consumer industry. Pinpointing growth and margin opportunitiesĪ high-performing planning function can provide consumer companies with the ability to capture value across both the top and bottom lines. ![]() The benefits will be well worth the effort. Companies should start their journey by focusing on five discrete priorities that could generate significant value. Technologies such as analytics and machine learning will play a major role, but to be effective they must be supported by new processes, talent, and governance. ![]() The answer: an end-to-end transformation of planning. In the current context, supply chains will be called to contribute much more to performance-and that will require a complete reimagining of planning operations, capabilities, company performance, and processes. The accumulation of challenges will only make things more difficult for managers of global supply chains and the companies that rely on them. Those successes are cause for optimism, but existing planning capabilities won’t be sufficient for organizations to keep pace over the next decade. In 2020, the most resilient players were the ones that had already begun rethinking their planning practices. The consumer-goods industry has been fending off an array of challenges, such as shifts in consumer expectations and purchasing habits, low GDP growth in some large economies, and a global pandemic that created seismic upheaval. ![]()
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