Fast-moving consumer goods, also known as consumer packaged goods, are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods, beverages, toiletries, candies, cosmetics, over-the-counter drugs, dry goods, and other consumables.
Challenges Faced
- Lack of business process visibility
- Lack of integrated planning
- Fragmented supply chain collaboration
- Fluctuating demand
- Availability across all channels of distribution
- Traceability and compliance
- Transportation Management (including Freight Charges, Overhead Expenses)
Key Features
- Financial Management
- Sales Management
- Customer Relationship Management
- Serial & Batch Number Management
- Bin Location Management
- Quarantine Management
- Capacity Requirements Planning
- Analytics & Reporting
- Arrival journals & put-aways
- RFID and Bar-coding
- Items Reservation and Stock Transfer
- Placement & Storage
- Inventory Dimensions
Benefits
- Real-time information on availability and visibility of inventory
- Warehouse and Logistics Management
- Accurate costing information
- Quality control efficiency
- Increases productivity and improves traceability
- Enhances visibility and control