Current Trends in Consumer and Industrial Goods Industry
The Consumer and Industrial Goods industry faces numerous challenges due to volatility in global markets, intense competition, cost pressures, changing business models, and ever changing expectations of consumers. However, amidst these challenges lie many opportunities that are largely led by technological advancements.
Key Trends
  • Intense competition and pressure to reduce costs
  • Pressure to innovate and accelerate new product development
  • Proliferation of connected devices
  • Better informed consumers and change in patterns of how they interact with the brand
  • Managing geopolitical risks
  • Need for agile IT that keeps pace with changing business requirements
  • Supply chain flexibility with better transparency and traceability
  • Shortage of skilled resources to manage complex supply chain processes
  • Mergers, acquisitions, breakups and spin-offs
  • Preserving brand integrity
  • Capture micro-demographic shifts to create additional opportunities
  • Stricter global regulatory compliance requirements
Business Improvement Opportunities
  • Better visibility of the manufacturing floor and accurate forecasting
  • Better capacity planning
  • Consolidated view & management of product portfolio
  • Enabling connected devices infrastructure - plant floor, supply chain, retail, last mile
  • Access to real-time data - consumers, supply chain, machinery, trade promotion spending, sales, etc.
  • Listening and responding to sentiments of people that matter the most
  • Engaging and communicating with customers across multiple channels
  • Adhering to global trade compliance requirements
  • Supply Chain integrity and transparent reporting
  • Better collaborate with partners/suppliers and manage their performance
Solutions
The Consumer and Industrial Goods companies are increasingly focusing on how to use new technologies to boost brand engagement and improve performance levels to foster revenue growth. Companies are evaluating technologies to differentiate their business - Cloud, Enterprise Mobility, Internet of Things (IoT), Social Media, Big Data, Advanced Analytics, Product and Portfolio Management, PLM, Value Chain Planning tools, Manufacturing Execution Systems, Spend Analytics, Supplier Relationship Management (SRM), New ERP functionality, Security solutions, CRM, Asset Management, Modern Marketing processes and solutions, and Modern Supply Chain solutions, Distribution and Omni-channel, among others.
How Birlasoft helps
Consumer and Industrial Goods companies choose Birlasoft to help them reduce time to market and costs, improve control of manufacturing operations, and deliver superior experiences to customers. Towards the mission of technologies for a better world, leading manufacturing companies partner with us to make manufacturing smarter, build connected supply chains and develop intelligent products.
Consumer Goods
We partner with CPG companies to help them reorganize their IT, rationalize application portfolio, and standardize systems, infrastructure and data across global locations
Industrial Goods and Components
We provide services, best practices, deep knowledge and expertise in Industrial Goods domain to help clients optimize value chain and become more productive
Services
Birlasoft Solutions Highlights
Our comprehensive solutions, modern tools and accelerators span the entire manufacturing spectrum and enable global manufacturers to deliver value to their end customers by optimizing value chain, implementing global standards, improving supply chain visibility, and enhancing profitability.
AKOYA
Predictive Analytics of Parts for Engineering and Cost Management
 
watch video
 
EDGE Solutions
Manufacturing industry focused Rapid Development Solutions
 
IMC EDGE
Hightech edge
autoedge
 
Predict to Plan to Consensus (P2P2C)
Predict demand, plan your supply, and attain a consensus on sales and operations plan.
 
Read More
 
MES Rapid Upgrade
Upgrade your MES systems in weeks, than in months.
 
Read More
 
ValueHarvestingSM
Extract new value from existing enterprise systems.
 
read more
 
iLink ERP to PLM Connector Automotive Subsystem
 
read more
 
KwikPick Warehouse Picking Technology
User Experience Driven BI Portal
 
Read More
 
Testimonial
Oshkosh Corporation is undergoing a Business Transformation initiative over the next several years. We trust Birlasoft to support our efforts. We were introduced to Birlasoft through our relationship with ORACLE. We have been very impressed with Birlasoft's Oracle expertise and Industry experience and their ability to support our integrations to our many Edge Systems.
marc belk
Mark Belk
Senior IT Director
Oshkosh Corporation
Read More
Partnership
 
Oracle
SAP Gold Partner
Info
Success Factor
Microsoft Gold
 
Resources
Service Excellence Solutions for Manufacturing

Real-Time Service Excellence

VIEW PDF
IoT in Manufacturing

Create Superior Customer Experience and Enable Business Growth, with IoT in Manufacturing Operations

VIEW PDF
GTM case study for Manufacturing industry

Manufacturing Giant leverages Oracle GTM to build a flexible, responsive, and agile Supply Chain Execution System

READ MORE
Leading Manufacturing & Distribution Company Maximizes...

The customer is a large-scale manufacturer and distributor of bicycles and cycling products

READ MORE
Making connected factories a reality in India

A shift that is aligning with where the manufacturing industry world over is heading-towards more interconnected

READ MORE
Supply Chain Optimization using Technology in Manufacturing

Technology-enabled processes are providing manufacturers a bird's eye view of the entire supply line

READ MORE
How smart glasses are transforming backend processes in ...

Within warehouses, order-picking accounts for an estimated 55 percent of the total warehouse operating expenses

READ MORE
The business value of enabling IoT in industrial manufacturing

Digital data is paving the way for the entry of agile, tech-driven startups

READ MORE
Machine-as-a-Service: New frontier of smart manufacturing

Machine-as-a-service has visibly shaken up traditional business processes

READ MORE
Machine-to-Machine: Manufacturing in a connected world

In this constantly connected world, businesses are increasingly turning to machine-to-machine communications

READ MORE
People Govern Machines Infused With Intelligence

Read Sangram Kadam’s views on Industry 4.0

READ MORE
Digitalisation - Boosting productivity on the shopfloor

Article highlights the challenges being faced by manufacturers in this context and the strategies to overcome them.

READ MORE
Learn how IT consolidation done by Dorf Ketal

The key benefits of our IT consolidation were centralised infrastructure, better manageability & a single identity

VIEW PDF