Supply Chain Efficiency
In recent years, the CPG/Retail supply chain has changed shape significantly. Retailers and global players have reduced the number of direct suppliers, while at the same time, national and international consolidation has occurred across the industry.
Companies have to focus on improving the efficiency and effectiveness of their supply chains to generate a competitive advantage. By using technology to increase the integration between customers and suppliers, inflexible supply chains can be changed into adaptive supply networks. Magnitude-based data warehouse automation and master data management solutions have provided:
- Improved coordination in supply chain activities, simplifying and standardizing global information to enable to rapid identification of cost-saving opportunities
- Visibility of global information on raw materials and suppliers, for reduced costs and improved collaboration with vendors
- Consistent, definitive body of product management information, creating opportunities for procurement and operational cost savings