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Consumer Goods supply chains are burdened with such challenges as
changing consumer demands, rapid product developments, global expansion and
consolidation, a demanding retail channel, erosion of brand loyalty, leveraging
new product categories and time-to-market pressures. Added to those challenges
are difficulties in growing a discerning consumer base in the face of stiff
competition, coupled with the increasing dominance of big-box retailers and
regulatory constraints.
As firms look for ways to increase market
share, maximize profits and create a strong brand identity, they need to rely
on an optimized supply chain to flawlessly manage their fulfillment process
efficiently and cost effectively to attain a competitive advantage with
consumers as well as retailers. They must respond to customer orders rapidly
and with a high degree of accuracy while maintaining just the right balance of
inventory levels to meet retail demand without stock-outs. In order to avoid
unnecessary levels of inventory, and its associated carrying costs,
manufacturers must forge collaborative relationships with the retail channel
and jointly manage the replenishment process. This is critical because i f a
brand supplied by a manufacturer or distributor is unavailable, consumers may
switch to a rival brand, abandoning expensively generated brand loyalty.
Aware supply chain execution solution from Exactus includes
key features for the consumer goods industry such as standards compliance, RFID
functionality, value-added services, wave management, cross-docking and
scalable SKU handling. It can help you reduce operating costs, improve supply
chain efficiencies, reduce inventory and shorten cycle times in order to meet
the exacting demands of consumers whilst driving improved levels of revenues
and margins. To meet the complexity of your inbound goods processing and
fulfillment requirements, such key features as directed picking, bulk and
consolidated picking, rules based picking for case, pallet and piece picks,
task interleaving and ASN processing are available as part of our solution.
Mergers and acquisitions in the Consumer Goods
industry, driven by cost efficiencies, economies of scale and potential for
increasing market share, pose additional challenges for consumer goods
manufacturers with regards to integrating disparate systems and rationalizing
brands, channels and customer base information. Awares standards based open
architecture lends itself to seamlessly integrate various incongruent systems
to effectively handle dissemination of information across retailers and
manufacturers for more effective collaboration related to planning, forecasting
and replenishment. The collaborative capabilities of Aware allow you to more
closely cooperate with your suppliers and customers to aggressively manage
pricing and promotions in order to compete successfully. By identifying sales
patterns in real time and preventing stock-outs, you can grow your revenues,
increase your margins and maintain brand image. The web interface of Aware lets
you leverage internet technologies to harmonize internal and trading partner
processes and dramatically improve your procurement and supplier collaboration
capabilities.
Mandates from big-box retailers like Wal Mart
and Target for product and customer traceability require many consumer goods
manufacturers and suppliers to adopt new technologies like RFID. Awares RFID2Go
solution can help you rapidly embrace these new technologies not only to
quickly respond to the requirements of super retailers, but also to truly
leverage the technology itself in order to improve process efficiencies,
achieve ROI and gain a competitive edge.
Aware can accommodate value-added services such a garment
tags, co-packing and price ticketing to process store-ready merchandise.
Efficient order consolidation and load optimization strategies can be leveraged
with Aware to reduce costs.
The auto-alert feature lets you proactively
manage events and handle exceptions. Notifications can be sent to appropriate
managers and trading partners who can react appropriately when a scheduled
event or exception occurs.
Aware provides a comprehensive set of visibility tools including
real-time performance metrics to enable you to take informed management
decisions regarding inventory levels, order status and fulfillment progress.
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