Winning critical buying moments
The latest advanced technologies has been a critical driver of change for FMCG companies, and 2020 may see them ramping up their technological transformation. FMCG companies will focus mainly on efficiency of operations. Retail platforms will lead the technology sector to provide the advanced data insights that is required by these companies to match production to consumption, outlet coverages and motivate teams to ensure both satisfied retailers and consumers.“Real-time data is critical to know the ground realities of FMCG Companies and also customer buying pattern so that production planning can be done effectively.”
Statistics
FMCG Industry Trends
As per globenewswire, globally,
- The current economic environment is quite stable for the global FMCG industry, as per 39% of respondents.
- 37% felt that current economic conditions were favorable for the FMCG industry.
- Fast-changing lifestyles among middle-class consumers to buy quality products is another positive factor, as are increasing overall per capita household spending, the implementation of digitalization techniques along the procurement and distribution cycle, and growing e-commerce prominence.
- 51% of respondents expect a positive change in consumer confidence. Globally, surveyed executives anticipate a 3.8% rise in the price of raw materials.
- Regulatory concern and increasing tax burdens are viewed as the most pressing worries for FMCG companies over the next 12 months.
Expertise
Redefined Distribution Process
SEAL Infotech’s complete distribution management solution for FMCG ERP system goes beyond resource planning to Sales to Purchase to Finance, Supply Chain Management and much more. There are advanced ERP systems that quickly transforms your organization to information-driven organization. Few important challenges and features handled as part of ERP implementations are listed below:
ERP is the Perfect Solution for managing your FMCG requirements:
- Multiple companies/ branches/ entities
- Multi-Level/ Variant/ Group BOM
- BOM-Revision/Amendments
- Delivery Date Management
- Sequencing and Scheduling
- Batch Management
- Cloud Hosting
- Mobile App
- Sales Order Management
- Pick, Pack & Ship Management
- Forecasting, Budgeting and Planning
- Service Order Management
- HR & Payroll Management
Other Industries We Serve
Browse through our range of industries that we serve globally. Discover our innovative solutions that have added values to various enterprises and businesses.