• // Business Intelligence
  • // Data Warehousing
  • // Business Analytics

Helping You Manage Complexity in Food & CPG

The food/CPG industry is complex. In the face of all this complexity, managers need better tools to plan, manage, measure, and improve strategic, financial, and operational performance.  Based on our research in the food industry we’ve concluded that in the near term:

  • Over 50% of companies plan to deploy cost and financial analytics;
  • Nearly 40% of companies plan to deploy business performance management analytics; supply chain and operations analytics, and/or trade promotion optimization analytics;
  • 33% plan to deploy sales and operations planning analytics; and
  • 15% or more plan to deploy purchasing management analytics, category management and assortment optimization analytics, customer service analytics, revenue management analytics, and/or inventory management analytics.

PerformancePath CPG

PerformancePath – Food & CPG responds to all these needs and can jump start your BPM and analytics program with food industry best practices analytics with the following custom designed PerformancePath modules:

Inventory Management

  • Rapidly deploy and leverage information and analytical tools to reduce inventory levels
  • Gain visibility into inventory at all stages across your value network
  • Reduce out-of-stocks and inventory at risk of becoming aged by accessing timely and detailed inventory information
  • Monitor inventory turns and compare to budget and plan

Revenue Management

  • Rapidly deploy and leverage sales information and analytical tools to plan, track, and manage sales against budgets and revised targets throughout the fiscal year
  • Leverage trend and current information to target new sales activities
  • Identify customers and products with high or low unit/contribution margins
  • Manage promotional sales by leveraging retail POS data

Customer Service Analysis

  • Find the optimal balance between service levels, inventory levels, and profitability
  • Addresses industry challenges such as improving fill rates and measuring on-time deliveries
  • Exploit supply chain information to better adapt to increasing service demands and other changes in the industry

Performance Scorecard

  • Actively manage and improve the core business processes that drive strategic and operational results
  • Leverage metrics and KPIs to focus management attention on performance improvement opportunities
  • Use information as a competitive advantage; provide business analysts in your organization with analytical capabilities to drill down into root causes of performance variances

Sales & Operations Planning

  • Leverage integrated historical and current demand data and associated item master data to drive internally and externally consistent demand plans, production plans, procurement plans, inventory plans and financial plans
  • Act swiftly on variances between goals, plans and actual values by consolidating data into one repository
  • Streamline your S & OP process with better access to detailed information

Cost & Financial Analysis

  • Leverage integrated historical and current cost data to actively manage, reduce, and/or optimize product, process, activity, business unit, and/or functional costs, margins, and profits
  • Leverage sophisticated cost analysis techniques to improve planning, budgeting, and control processes
  • Addresses industry challenges such as intense price competition, coping with rising input prices, moving to a demand pull value chain and improving supply chain productivity

Category Management & Assortment Optimization

  • Enhance ability to customize and optimize assortment mix by retail format, region, consumer segment, and product/category
  • Leverage retail POS data to develop the right product category plan
  • Optimize the value of your product portfolio by focusing on core brands that drive growth and profitability
  • Exploit information to bolster your competitive differentiation vis-a-vis retailer’s use of premium private labels

Supply Chain & Operations Analysis

  • Increase your supply chain productivity by measuring key performance indicators across such dimensions as supplier performance, adherence to production schedule, warehouse space utilization, and transportation costs
  • Gain a competitive advantage by giving supply planners access to detailed information on inventory, production and distribution

Trade Promotion & Optimization

  • Improve ability to understand the relationship between trade spending, pricing, sales, and profitability in order to effectively allocate limited trade promotion funds to strengthen brands and brand positioning
  • Leverage retail POS data to monitor sales lift of product promotions
  • Gain insight into pocket price, i.e. product price after trade allowances
  • Accurately measure deductions and trade claims to determine trade promotion effectiveness

Purchasing Management

  • Understand all costs associated with each supplier by item and category. Rank suppliers by their contribution margin
  • Negotiate better business terms with suppliers who are causing excessive supply chain costs due to extended lead times, late shipments, incomplete orders or other issues
  • Analyze past purchases, average price per unit, purchase commitments and discounts  to improve ROI of forward buy decisions

For more information, please contact us for a free initial consultation.

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Created by Matrix Group International, Inc. ®