article thumbnail

Striking the Right Chords: Composable Platforms to Orchestrate Supply Chain Platformization in the Retail and CPG Industry | Blog

Everest Group

Confronted with significant challenges in managing their supply chain due to fragmented software solutions and data silos, retail and consumer packaged goods (CPG) enterprises need unified platforms that support the demand for customization while maintaining agility. Reach out for more information on this topic.

Retail 52
article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Services

Technology-driven visibility AI and machine learning can be used to analyze large amounts of data quickly and accurately, providing insights that can improve forecasting, inventory management, and customer service. Access the Food Trust ebook Building strong partnerships Strong relationships are a key part of any business strategy.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI in commerce: Essential use cases for B2B and B2C

IBM Business Partners

Disapproval of brands or retailers that use AI is as high as 38% among older generations, requiring businesses to work harder to gain their trust. Experience building strategies like these have been  used by online retailers for years. Generative AI’s impact on the social media landscape garners occasional bad press.

article thumbnail

CFO Challenges and Priorities in 2021 And Beyond

Planergy Software

Securing competitive advantage means mastering emerging technologies and developing strategies that incorporate risk management, data-driven decision making, and a collaborative, agile approach. Cash flow management is closely tied to inventory management , supplier management, and supplier relationship management.

Finance 97
article thumbnail

How To Use Activity Ratio Analysis To Understand Business Efficiency

Planergy Software

How better management in AP can give you better flexibility for cash flow management. Financial Ratios Governance Risk Management & Compliance (GRC). Inventory turnover ratio If you own a retail business, knowing your inventory turnover ratio is essential. Download Free Copy. Written by.

article thumbnail

The Benefits of Localized Supply Chain

Planergy Software

To keep consumers happy, your procurement team should closely evaluate all third-party vendors for risks and supply chain vulnerabilities. Supply chain and risk management has forever changed as a result. On the other side of the coin, Target is a large retailer in the U.S. stores, which created an expectation.

article thumbnail

The Benefits of Localized Supply Chain

Planergy Software

To keep consumers happy, your procurement team should closely evaluate all third-party vendors for risks and supply chain vulnerabilities. Supply chain and risk management has forever changed as a result. On the other side of the coin, Target is a large retailer in the U.S. Supply Chain Resilience.