Consumer Products

What Does Tompkins Do for Consumer Product Companies?

Major shifts are occurring in the consumer products industry, which is largely a result of consumers’ expectations for better service, as well as demand growth from non-traditional sources such as direct-to-consumer sales and international consumers (particularly those in China). This rapid shift is driving manufactures to adapt more flexible and efficient supply chains with capabilities very different than that imagined just a few short years ago.

What Does Tompkins Do for Consumer Product Companies?

We provide a full spectrum of supply chain services, including analysis, design, implementation support, and turn-key solutions. Our end-to-end supply chain knowledge means we view all projects in the context of how the solution will impact overall supply chain performance.

We take a holistic view of the processes and technologies to identify gaps and opportunities to determine the right solution(s) to meet our client’s unique circumstance. We provide specific recommendations to Do Now, Do Next, and Do Later.

Meeting the Challenges and Opportunities of Today and Tomorrow

Our goal is to ensure your supply chain can meet the operational requirements needed to achieve your business objectives. These objectives can involve a wide range of traditional and non-traditional supply chain challenges such as:

  • Multi- or Omnichannel Logistics: With the increasing number of “connected customers,” more consumers will shop when they want and where they want, and the supplier must be ready to deliver excellent service everywhere they want it. This impacts distribution networks, picking requirements, inventory, transportation, system capabilities—essentially, the entire end-to-end supply chain.
  • Final Delivery or Last Mile: Consumer products companies are providing next-day or even same-day delivery using local and regional delivery services. Integrating this capability with existing transportation requirements and systems, as well as leveraging local delivery resources, is critical to achieving scale and operational efficiency.
  • Inventory Deployment: Faster delivery, selection, optimal deployment of working capital, and inventory visibility are just some of the issues consumer product companies are focused on today. A thorough analysis can identify specific areas for improvements, but the fastest path to achieving optimal inventory levels is to become a demand-driven operation where the demand is seen by every link in the supply chain as it occurs.
  • Transportation Optimization:  With fluctuations in volume, lane utilization, and fuel pricing, small changes in transportation policies can reap huge financial savings and improve customer service. Where modernization of the transportation management systems may be required due to obsolescence, or to achieve a strategic advantage, there are many new options on the market.
  • Material Handling Equipment Integration: The ability to meet the demands for speed of delivery, improved productivity, and changing product picking profiles is largely a function of MHE capabilities. Execution from design through implementation, as well as maintenance requires proven experience at delivering innovative and cost-effective solutions that meet the capabilities required today and the flexibility to adapt to the needs of tomorrow.

 

More on Consumer Products

Blog

Why Data Is Not Information

By Jim Tompkins CEO, Tompkins International The five of us sat around a conference table.  My colleague and I were meeting with the CEO, CFO, and Chief Supply Chain Officer (CSCO) from a multichannel fashion and apparel retailer. The discussion was lively and interactive. We talked about omnichannel, “get local,” and store fulfillment. Just as the…

Blog

If Customers Find E-Commerce Experiences ‘Uninspiring’, Check Your Supply Chain for Remedies

I don’t know much about filters or “discovery experiences” as they relate to e-commerce, but an article published on RetailWire the other day caught my attention. In a recent study of shopping experiences on top retail sites, Compare Metrics and the e-tailing group concluded that most participants find their current shopping experiences “uninspiring.” How can…

Articles

In the News: What’s Happening with Intermodal?

The work stoppages and potential for lengthy delays encountered by the much-heralded Panama Canal expansion project really couldn’t have worked out any better for the major North American railroads. When the expansion was first announced, there were many who saw it as a potential killer of the rail service line. Now, it may be the…

Blog

Cosmetics: The Glamour of Great Supply Chain & Logistics Strategy

There’s some real beauty in an optimized supply chain. In a recent Inbound Logistics article, Justine Brown gets it right on the importance of effective supply chain and logistics management for cosmetic companies. But what makes a supply chain for cosmetics different from any other industry? Most cosmetic products need specialized storage amenities such as…

Articles

Supply Chain Visibility’s Role in Working Capital Reduction

Supply chains are becoming increasingly complex as they transform into large, multi-tiered global networks that affect lead-time variability. At the same time, the expansion of the number of channels, trading partners, and countries involved in managing goods across the enterprise affects organizations’ ability to hold down costs and reduce working capital tied up in the pipeline.

Articles

Best Practices for Dealing with SC Talent Shortages (PDF)

Are you ready to spike your supply chain to a new level? SupplyChainBrain’s 2014 Resource Guide examines key supply chain insights from nine Tompkins International experts. Read more on each topic.

Articles

Creating a Roadmap for the “Return Season”

Every year, we see a lot of material written about how important the holiday season is to the overall success of retailers. But little is written about the aftermath of the holiday season—dubbed the “return season.”

Blog

Good and Bad News for Luxury Market in China

The luxury market is on a downturn in China— down to only about 2 percent growth—but that doesn’t mean brands and retailers should forget about doing business in China. In his new Forbes column, Tompkins International’s Michael Zakkour explains that while the premium luxury market has definitely slowed, it will pick up again soon. Zakkour…

Articles

Ten Business Reasons Why Demand Forecasts Matter

By Ralph Cox, Principal, Tompkins International

Articles

Retail Backrooms: Rethinking Their Role in Supply Chains and Distribution Networks

Due to be released by June 2014, reserve your copy of this groundbreaking guide that will help you evaluate your backrooms and turn them a competitive advantage for Omnichannel.

If you would like to only see materials of a certain type, click the buttons below to filter your results.