One of the persistent queries faced by sales teams in the consumer-packaged goods (CPG) industry is how to ensure the right products are available in the appropriate locations at the optimal prices.
Implementing artificial intelligence (AI) aids in achieving this objective by facilitating product placement and enhancing store execution. Through an integrated and scalable AI-driven approach, CPG enterprises can establish meaningful connections with shoppers, thereby replacing manual and disjointed decision-making processes.
Net Revenue Management (NRM) has emerged as a vital approach for value creation in the consumer-packaged goods (CPG) industry. This model emphasizes the creation of value for businesses and stakeholders, leading to substantial growth in revenue and improved
profitability.
To establish a strong foundation for disciplined NRM, CPG companies must develop core capabilities across five essential sectors within the NRM framework
Integrated marketing effectiveness in CPG refers to the measurement and evaluation of the overall impact and success of marketing efforts across multiple channels and touchpoints.
It involves assessing how well different marketing activities work together to achieve the desired objectives and drive business results in the consumer-packaged goods industry.
Supply chain analytics in the consumer-packaged goods (CPG) industry refers to the use of data analysis and advanced analytics techniques to optimize and improve various aspects of the supply chain.
It involves collecting, analyzing, and interpreting data related to the movement of goods, inventory levels, demand patterns, production processes, and distribution networks within the CPG supply chain
Digital analytics plays a crucial role in the ecommerce industry, providing valuable insights into customer behavior, website performance, marketing effectiveness, and overall
business success. Here are some key use cases of digital analytics for ecommerce industries.
The route-to-market (RTM) journey comprises five distinct sections
To establish a strong foundation for disciplined NRM, We develop core capabilities across five essential sectors within the NRM framework.
The goal of supply chain analytics in CPG is to gain actionable insights and make data-driven decisions that enhance efficiency, reduce costs, improve customer service, and drive overall supply chain performance. Key areas addressed by supply chain analytics in CPG pan across the entire supply chain processes including
Digital analytics plays a crucial role in the ecommerce industry, providing valuable insights into customer behavior, website performance, marketing effectiveness, and overall business success. Here are some key use cases of digital analytics for ecommerce industries.
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Checkout our featured resources to know about our thought leadership, cases studies and more. We are all ears for you. Let us discuss if you have any queries.
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