Looking into the future of the consumer goods market
Consumer Products organizations will continue to look for a more robust range of supply chain and sales channel solutions that support complexity from basic to intricate. Customers are increasing the pressure on brands to offer a wider array of services not limited to in-store availability.
As market competition increases Consumer Products companies will expect ever-increasing transparency throughout their operations (internal as well as back through their suppliers) with the ability to track beyond the number of units completed to include work-in-progress and the quality status of those orders in process.
The growing demand for agility and quality, mixed with the expanding market for more unique delivery/channel options, will expand the complexity of fulfillment and value-added services along with the related supply chain, leading to a broader reliance on a mix of supply, shipping, and order processing options, including EDI, eCommerce, mobile and digital marketplaces.
In a world of continually expanding and blurring sales channels, Consumer Products companies will have the continuing need to increase their capabilities and make operational efficiency, flexibility, and scalability their dominant focus.
Technology Essentials for Key Decision Makers
COOs face the pressures to implement state-of-the-art processes and advanced technologies for digital transformation. These include applying IoT for warehouse operations, improving inventory optimization, quality, and delivery. COOs need a comprehensive platform upon which to develop and deploy connected software solutions and services, as well as improve the integration between IT/OT.
CEOs need to ensure their company is agile enough to execute rapidly on key decisions – this impacts every aspect of the organization, people, processes, practices, partners and solutions. The CEO will continually need to balance innovation with cost, risk and investment.
CIOs are at the heart of the required digital transformation and are required to move from old, unsustainable, insecure systems or their start up platforms, to best practice based solutions that will help their organization rapidly adapt to changing business models and readily navigate a turbulent external environment.
The VP of Supply Chain must become a more strategic partner to the business, moving from price-centricity to viewing and managing the complete supply chain, by improving visibility and applying best practices all while supporting the enterprises changing sales channels.
How will Navigator help your consumer goods company?
SAP has been a trusted solution partner to Consumer Product companies for decades. Navigator Business Solutions uses the SAP ERP platform to deliver an affordable, best practices-based ERP solution using its accelerated implementation methodology. This software solution meets Consumer Product companies (B2C or DTC) where they are with an SAP technology that will scale with them all at a speed that enables a digital transformation with minimal disruption.
SAP ERP delivered by Navigator Business Solutions provides a comprehensive yet flexible solution for local and global Consumer Product companies, supporting the unique market needs of each organization and offering excellent business process fit, out of the box.
The ERP platform provides out-of-the-box business processes that can be quickly and easily adapted to a company’s unique needs using its comprehensive reconfigurability, built-in usability tools, and ready-to-integrate open web services architecture. The concept of “click not code” eliminates the need for expensive and difficult to maintain customizations. SAP’s continuous innovation on their advanced cloud platform virtually future proofs the application platform for organizations of any size and life stage.
SAP ERP solutions are a suite in a Box that provides the distinct planning and operational needs of Consumer Product companies – including demand and supply chain planning, returns management, warehousing (WMS) financial visibility, analytics, and quality management.