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Top Supply Chain Challenges for CPG companies in 2023

Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. Consumers are ever more conscious of value, sensitive to health and environmental issues – especially after the COVID pandemic, each demanding more options for their money.

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CPG products on a shelft with solvoyo dataman

CPG Going D2C: 3 Ways to Win the Race to Consumers

The trend of CPG companies going direct-to-consumer (D2C) is on the rise. Compared to the traditional CPG model, D2C increases brand recognition and loyalty, creates new revenue streams, and enhaces your supply chain responsiveness.

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cluster analysis in retail industry solvoyo

Cluster Analysis Applications in Retail Industry

From segmenting customers to planning replenishment strategy for store groups, cluster analysis in the retail industry provides many benefits

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Three Musketeers

Vendor Collaboration: How to Thrive in the Face of Volatility

Vendor collaboration is a joint effort that creates a competitive advantage for every stakeholder. It reduces overall costs, errors, and inefficiencies for everyone involved. A collaborative supply chain lets businesses grow together with vendors while improving efficiency and visibility of the supply chain.

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Making Supply Chain Planning Agile with Modular Planning Technologies

Making Supply Chain Planning Agile with Modular Planning Technologies

Volatility and ambiguity are not going away from our lives. We need planning platforms to keep up with all the changes. Discover the importance of Composability in fickle times.

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Glasgow 2021

Part II – Glasgow 2021: World ready to treat nature better? Maybe.

Paris Agreement in 2015 had an aggressive target of limiting the global increase in temperatures to no more than 2 degrees Celsius by 2030. But in Glasgow 2021, countries with the largest manufacturing & mining base were dragging their feet, and global commerce does not accept much responsibility on this issue.

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digital twin

Supply Chain Digital Twin – Day in the life of a production planner

How a Supply Chain Digital Twin can help a Production Planner when there is an unexpected disruption, let’s take a look at a day in her life

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Agility

Autonomous Planning in Supply Chain: 4 Must-Haves for Next-Generation Platforms

Algorithms, Automation, Architecture and Agility are the 4 Must-Haves that differentiate the next-generation of supply chain planning platforms.

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Supply Chain Planners

Day in the life of a Supply Chain Leader: Discover The Future of Planning

Effective supply chain management begins with aligning supply, demand, and inventory planning according to business strategies. You need integrated, automated, and intelligent planning systems to manage millions of daily decisions.

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Supply Chain Planning Challenges for Retailers

8 Supply Chain Planning Challenges Retailers Will Face in 2022 and Tips to Overcome Them

Adopting next-generation integrated planning and analytics platforms with digital workflows, advanced analytics, AI/ML, and automation capabilities will be the way to win.

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Rapid Grocery Delivery

The Future of Retail: Technologies Enabling Q-Commerce Growth

Speed and availability are the most important reasons customers choose RGD and Q-Commerce companies. To keep up with the demand, these businesses have to keep investing in automation across all supply chain points.

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Get a yes with concurrent planning

Always Get a “YES” in your Supply Chain Operations with Concurrent Planning

“Yes” is a powerful word. We all enjoy hearing the answer “Yes” to all our requests, especially in …

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Microchip Shortage

4 Lessons We Can Learn From the Global Microchip Shortage

If you have recently been looking to purchase a car, a television, or a home appliance, you may …

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AI in Inventory Management

How AI Can Help Inventory Management

Using AI in inventory management helps enhance inventory replenishment, improve employee performance, support data accessibility and reduce cost

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Last Mile Delivery in Grocery Retail

Digital Transformation in Last Mile Delivery and Why It Should Matter to You

Last mile delivery defines the last leg of the supply chain journey. Goods are taken from dark stores, special fulfillment centers

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Distributed Order Management

Intelligent Distributed Order Management: The Answer to Omnichannel Fulfillment Challenges

Last year, my cousin had a daughter, and I became an uncle for the first time. Naturally wanting …

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OKR Ocean

Sailing on OKR Ocean: Do not be afraid to tack!

At the end of 2019, we decided to implement OKRs at our company.  At the end of 2020, …

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Promotion Planning in Inventory Management

What is Promotion Management? Why is It Important in Inventory Management?

Last year, I wanted to be a grateful child and buy a sweater for my mom. It was …

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Supply Chain Planning

Digital Transformation Journey in Supply Chain Planning

Remember those times when we used to stroll down the block and find local stores such as the …

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Last Mile Delivery

Transforming the Grocery Shopping Experience with Last Mile Delivery

It was mid-March when my flatmate and I burst into a panic as the first cases of COVID-19 …

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Customer Success

What Customer Success is and How to Implement It

Increasing churn, decreasing average ticket? Check out our tips on how Customer Success can help your business. Customer …

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RFP

Are you still spending time and money to run a lengthy RFI/RFQ/RFP process for a SaaS platform purchase?

Companies tend to engage in request for information (RFI), request for quote (RFQ) and request for proposal (RFP) processes to make sure they …

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Factors-in-Omnichannel-Planning

5 Success Factors in Effective Omnichannel Planning

It’s that time of the year! Black Friday is here. But this year, luckily, we will not have …

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AI in Supply Chain

AI Solutions and Digital Supply Chains

Imagine you can control your production lines with a mouse click or a touchscreen swipe to optimize your …

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Chaotic Spreadsheets

Time to leverage supply chain analytics

Are you using spreadsheets as a supply chain planning tool to collect and manage your data and perform …

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Platform or a Collection of Tools

Platform or a Collection of Tools: Which One Do You Prefer for your Digital Transformation Efforts?

Imagine that you’ve decided to make your favorite chocolate chip cookie at home. You opened your favorite recipe, …

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DevOps

DevOps Best Practices to Implement Before a Crisis

When the pandemic erupted, one of our top priorities as a SaaS company was to ensure that our …

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Assortment Planning

Integrated Assortment Planning: A Vital Capability for Retailers

In today’s changing market dynamics, the retail business is getting more competitive by the day. Increasing competition by …

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Coronavirus & CPG

Coronavirus & The CPG World: What to do now and how to prepare for the future?

At Solvoyo, we are also concerned about the COVID-19 pandemic. Our thoughts are with all human-kind and hope …

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Coronavirus & Retailers

Coronavirus & Retailers: How to build resilience?

COVID-19 is changing the way we think about almost everything: the way we live, the way we work, …

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AI & ML in Retail

Using AI & ML in Retail Supply Chain Planning

Companies like Amazon, Walmart, Alibaba, and Zara are leading the path in the use of technology and advanced …

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Demand Forcasting

Weather-Influenced Demand Forecasting in 2020: 6 Key Observations

It is 2020; we now have reasonably accurate short-term weather forecasts. NOAA, the National Oceanic and Atmospheric Administration …

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Digital Twin

Digital Twin is an old idea – just new to supply chain

It has been many decades since a circuit is designed digitally and its performance tested using a digital …

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Digital Transformation of Your Supply Chain Network in the Age of AI

Defeating Ogres, Debunking AI Myths and Finding the Right Path There is a riddle I asked my kids …

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student

Through the eyes of a High-School Student: A day in Solvoyo

I am studying 10th grade in high school, and I am already confused about choosing my future job. …

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Steps to Digital Transformation

3 Steps for Making Digital Transformation Happen in Supply Chain Planning

What is Digital Transformation? Digital transformation is transforming your decision-making processes with technology — utilizing new sources of …

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Virgo in Supply Chain

Virgo in Supply Chain, Milk in Coffee

I do not believe in horoscopes, but people tell me that my sign has everything to do with …

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Agile Organization Through Digital Transformation

How to Become an Agile Organization Through Digital Transformation?

Organizational Agility along with Digital Transformation, Machine Learning, Big Data and Blockchain technologies was one of main trending topics …

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Cluster Analysis for Business

8 Steps to Follow While Doing Cluster Analysis for Smart Decision-Making

Imagine you are the owner of a modest grocery store in your neighborhood. You know most of your …

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How Cognitive Learning Changes the Game in Supply Chain

“It is not the most intellectual of the species that survives, it is not the strongest that survives, …

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Supply Chain Transformation, How Hard Can that Be?

Growing up, I was a huge fan of comedian Steve Martin. For many a Halloweens I simply wore …

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Fire-side chat with Magdalena Yesil, founder, entrepreneur, venture capitalist, author of the book #PowerUp

Magdalena Yesil is a force to reckon with! She has done many firsts in her life, including at …

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4 Smart Supply Chain Strategies for Boosting Customer Experience

This is the best of times and worst times for retail. On one hand, online sales taking retail …

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Solvoyo Successful Visibility and Analytics Projects

4 Keys to a Successful Supply Chain Visibility and Analytics Project

The study from the ARC Advisory Group (2016) and the most recent one from The Hackett Group (2018) are remarkably similar in …

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Software as a Service, Cloud Computing and Pizza Margherita

I love a good pizza. I am not a big fan of deep dish Chicago style, or California …

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Resistance Is Futile: Machines Are Here To Stay, Embrace Machine Learning In Supply Chain!

I have a very good internal navigation system in my head. I hardly ever get lost, even in a …

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From How We Love to How We Innovate

“ENTJ?”; I was in my 20s when I did my first Myers Briggs personality test working in Corporate …

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solvoyo-are-your-planning-and-retail-analytics-tools-fast-enough-for-fast-fashion

Are Your Planning And Retail Analytics Tools Fast Enough For Fast Fashion?

Over the last decade, apparel retail has gone through a significant shift and has turned into a game …

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Lessons In Innovation From P&G Signal Summit 2017

As the world’s leading consumer products company, P&G has a well-deserved reputation for innovation – from reinventing the …

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The Supply Chain Red Pill: How Machine Learning Can Transform Your Supply Chain

As I was growing up, one of my most recurrent dreams (other than being invisible), was to plant …

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How Smart Is Your In-Season Pricing Capability?

In today’s dynamic and competitive retail landscape, value offering is becoming more relevant to apparel brands competing for …

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4 Supply Chain Analytics Capabilities For Specialty Retailers

I have two millennial sons. They (and their girlfriends 🙂 ) represent the radically changed customer base faced by …

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Supply Chain Planning in The Age of Trade Wars, Brexit and Damn, Daniel. Welcome to 2017

As supply chain planners, much of what we do is to anticipate future outcomes and plan our activities …

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6 Reasons to Give Up Spreadsheets for Supply Chain Planning

Spreadsheet software is holding your supply chain performance hostage. True – spreadsheets are low cost, easy to use, …

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solvoyo sales and operations planning

7 Reasons Why S&OPs Fail

Sales and Operations Planning (S&OP) is a fantastic concept when you first hear its tricks and promises. It …

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4 M&A Trends in Supply Chain

That acquisitions often fail is a well-known fact. We all remember the horror stories that were the coupling of …

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An $88B Weight Gain: How Wholesalers Can Put Their Supply Chain Back in Shape

Recently several partners have reached out to us putting Solvoyo in front of wholesalers and distributors and starting …

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5 Key Supply Chain Technology Recommendations from Leading Industry Experts

For the supply chain manager today, there are no dearth of online resources and expertise to guide them. …

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Tête-à-Tête With Orhan Daglioglugil of A101 Stores – A 2016 Supply Chain Pro-to-Know

On Feb 17, 2016 Supply and Demand Chain Executive Magazine named 28 supply chain leaders as the 2016 …

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Zen and the Art of S&OP Implementation: 3 Points to Consider

That Sales and Operations Planning (S&OP) is a critical business process is no longer in doubt. Today, surveys after surveys indicate …

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Why Demand Forecasting Ain't Enough

Forewarned is forearmed, they say. It’s an adage that supply chain managers seem to have taken a little …

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Looking Forward to 2016 in Supply Chain Planning

This post is an extract from a letter sent by Koray Dogan, our CEO, to all of Solvoyo’s …

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5 Steps for Building a Lower Carbon Supply Chain Plan

With the recent COP21 agreement, the focus is back once more on climate change and global efforts to …

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Part I – Paris 2015: Supply Chain Managers Need To Start Paying Attention To Climate Change

With climate scientists and negotiators from 190 countries recently announcing a landmark deal to cap the rise in …

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Logistics & Transportation Providers: Planning for Success

There are leading and lagging economic indicators.  Experts have debated the role and importance of various data points for …

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Wayne's wORld: AB InBev – SAB MillerCoors Mega Suds Takeover – A Supply Chain View

Just imagine, Budweiser-Coors Banquet Beer-Molson Canadian-Corona-Beck’s-Bud Light-Coors Light (The Silver Bullet)-Miller Lite (Less Filling, Tastes Great)-Michelob Ultra-Miller High …

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Don't Mistake Simple for Simplistic in Supply Chain Planning

Simple and simplistic are words often misused interchangeably, but Albert Einstein understood the difference when he observed “Everything …

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Omni-Channel for Retail: A Scientifically Refreshing Perspective

Crazy enough the ongoing conversations and debates surrounding omnichannel for retail (including retail consumers, suppliers & service providers) hasn’t …

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Wayne's wORld: Back in the Shwing of Things

I apologize to the faithful followers I have (assuming you haven’t given up on me and are not …

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Simplicity in Supply Chain Planning: 5 Things to Consider

Legendary jazz pianist, Thelonius Monk was asked by a fan how jazz seemed to come so easily to …

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7 Things to Consider While Selecting a Supply Chain Planning Platform

Supply chain planning used to be a lot easier, but in today’s world of global sourcing and an …

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How Important Are What-If Analysis Capabilities When Selecting SCM Software?

When it comes to supply chain management (SCM) software, having the ability to do what-if analysis is a …

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A Supply Chain Planning Solution for Mid-Size Businesses

Mid-sized companies face a unique set of competing pressures: the need to keep pace with ever-changing consumer demands, …

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2 Simple Questions to Help Identify Supply Chain Inefficiencies

Every professional responsible for his or her company’s supply chain planning and execution probably realizes that there are …

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Wayne’s wORld: As Spring Floods into Summer do you have a Plan for the new Season?

Recently as I crossed over the surging muddy red water of the Red River into the great state …

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Mid-Size Retailers Looking for Competitive Advantage Should Turn To Supply Chain Optimization

As a mid-size retailer, you can likely identify – to the penny – how much it costs to order, store, and deliver …

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We Have Our Heads in the Clouds, and That's a Good Thing!

Who is Solvoyo? Our boilerplate says that we’re an enterprise software company providing strategic, tactical, and operational planning …

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Wayne’s wORld: Math in the wORld of Customer Relationships

Howdy y’all!  It seems I’ve taken another long break from putting thoughts into words in this space. Unfortunately …

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6 Ways To Know If You Need More Intelligent Supply Chain Software

The choice of supply chain software is an important one, primarily because of its ability to significantly improve …

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Ege-man the Analyst: RILA — An Unexpected Journey

As a part of the Customer Success Team at Solvoyo, I recently unexpectedly found myself in Orlando FL for …

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Wayne’s wORld: RILA Never Fails to Deliver

The RILA team did it again! Bringing together the greatest minds and strongest leaders in a complex and …

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While NRF is the Big Show, RILA Steals the Show for Supply Chain

2015 was my first adventure to the NRF big show in the Big Apple.  It was impressive to say …

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Wayne’s wORld: Planning for the NRF Big Apple Big Show

A title made up of a double entendre (not sure if I used that right or if its …

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Omni-Channel Fulfillment: Dynamic vs. Distributed

In my quest to get to the bottom of the omni-channel conundrum without “boiling the ocean,” I have …

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New Horizons: Closed Loop Operational Management

The hottest topic in supply chain circles (at least the circles I hang out in) continues to be …

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Wayne’s wORld: Imagine – Fun in the Sun with Supply Chain Insights

Lora Cecere and the Supply Chain Insights team hosted their annual Global Summit at the beautiful Phoenician Resort …

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Wayne’s wORld: CSCMP and the ride of the Three Amigos

In addition to this super intriguing Blog and a host of other marketing efforts we work hard to …

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Wayne’s wORld: Brilliant Minds Collaborate in Nashville

I had the opportunity in late August to spend some time with Tompkins International and their consortium members …

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Ege-man the Analyst: "Never Eat Lunch Alone"

Hi! Egemen speaking. I am the new Business Analyst at Solvoyo. Yaay! September 1st was the first working day for …

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Wayne’s wORld: Where in the wORld has Wayne been?

So here we are a solid 4 months since my last post. I guess I have no excuses …

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OR and Omni-Channel Retailing – A match made in Heaven

The complex world of omni-channel retailing has introduced a new realm of analytical challenges. I touched on this …

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The Intersection of Math, Supply Chain and Cloud Computing

I have used this space primarily to talk about the innovative application of advanced mathematical techniques and Operations …

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Wayne’s wORld: Parallel wORlds – Homebrewing and OR…Weird but True

OK, a pre-warning, y’all have to work with me a little this time around. This idea has been …

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Wayne's World: Special Edition – Modex In Atlanta… What A Show!!!

Good day from the ever-changing world of supply chain optimization. This was a big week with a quick …

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Wayne's World: Dude, Sounds Like A Great Plan!

Not to take too much liberty with my grunge theme wrapped around state-of-the-art Operations Research analytical techniques, but …

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Wayne's World: Dude, Why The Big Or?!?

I had a few people ask me at Modex why Wayne’s wORld ignored proper use of capitalization and …

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Get Your Head Into The Cloud(s)

I remember when growing up my parents and teachers would tell me to get my head out of …

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Special Edition – RILA, Game On!!!

I know the early followers of this totally cool blog are anxiously waiting to read about all things …

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Linear and Non-Linear, Single Application, No Way! … Way!

While I was a member of the Dell Worldwide Operational Strategy organization I met Dr. Koray Dogan who …

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Wayne's World: Math Is Amazing

For those of us who catch the Operations Research (OR) bug the passion runs pretty deep. After you …

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