In the past 3 years, the Indian FMCG market has exploded with the ‘Sachet Phenomena’. The biggest players
It’s the fundamental rule of the FMCG industry – Everything that isn’t sold affects your bottom line and
All modern successful FMCG organizations are built around the optimal implementation of a digital strategy. By leveraging right
An FMCG organization needs constant supply point of stocks to all points of retail. This means that your
Managing the inventory is a key part of every manufacturing business in order to function efficiently. When it comes to manufacturing products, different companies have different approach of looking at it. Some companies tend to stock manufactured products in bulk while some believe in demand-based production. Companies often tend to stock excess inventory eyeing bulk purchasing or assuming shortages in the later stages but there are more disadvantages than advantages in the process. Doing this can often backfire companies, which leads to an increase in selling of outdated stocks.
Revealing 8 reasons why selling outdated stocks won’t impress your customers:
In its multiple distribution centers and hard time-constraints, managing multiple point FMCG distribution system is a formidable challenge.
FMCG done right could be one of the most profitable businesses, but it can also quickly turn to losses