Consumer Products

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Major shifts are occurring in the consumer products industry, as retailers and manufacturers struggle with rapid changes in customer demands and e-commerce growth. Complexities of today’s global economy and requirements of highly mobile customers have changed the game for most consumer products organizations.

Why is Tompkins Unique?

As industry thought leaders, our experts design and implement innovative supply chain solutions that are customized for each client. We also offer exclusive benchmarking and best practices capabilities through the Tompkins Supply Chain Consortium.

Our end-to-end supply chain knowledge means your company will receive a comprehensive, real-world analysis and implementation suited specifically to your needs. We provide consumer products business strategy, supply chain strategy, technology and facility design, and solutions implementation.

Meeting Your Challenges

We can help you address challenges such as:

  • Multichannel Logistics: It is no longer about how you deliver products to customers, but rather how customers choose to have products delivered. How many channels does your operation currently support? What do your customers expect? Our experts can help you optimize your operation to meet the growing expectations of your customers.
  • Same-Day/Next-Day Delivery: Growing customer expectations have pushed retailers and consumer products companies toward same-day delivery and next-day delivery as a core part of their e-commerce growth. Companies who are unable to meet this challenge can risk losing customers to those with faster and more agile supply chains.
  • Inventory: The best performing companies have become demand-driven, sensing demand signals and reacting within a limited window of time. Once companies become demand-driven, they are able to optimize inventory at each link in the supply chain and greatly reduce total inventory levels with superior customer service.
  • Transportation: Top companies are able to isolate demand to the point where they are able to make direct shipments to customers from their U.S. plants or international sources. Transportation management systems (TMS) are also being used to integrate inbound and outbound transportation as well as manage inter-facility transfers.
  • Distribution Operations: The current business climate dictates reductions in operating expenses and greater productivity, which results in more advanced warehouse management systems to facilitate improvements to their distribution center operations.Consumer products companies that do not have the internal capabilities or wish to quickly expand their distribution networks often rely on Third-Party Logistics Providers (3PLs).
  • The Global Opportunity: Do you know how to leverage opportunities in Europe and Asia? Being a global player presents unique supply chain challenges as regions shift to a booming global marketplace.

 

More on Consumer Products

Blog Post

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 Post

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…

Article

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 Post

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…

Article

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.

Article

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.

Article

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 Post

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…

Article

Ten Business Reasons Why Demand Forecasts Matter

By Ralph Cox, Principal, Tompkins International

Article

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.

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