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.