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
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
 
 
EDGE Solutions
Manufacturing industry focused Rapid Development Solutions
 
 
Predict to Plan to Consensus (P2P2C)
Predict demand, plan your supply, and attain a consensus on sales and operations plan.
 
 
MES Rapid Upgrade
Upgrade your MES systems in weeks, than in months.
 
 
ValueHarvestingSM
Extract new value from existing enterprise systems.
 
 
iLink ERP to PLM Connector Automotive Subsystem
 
 
KwikPick Warehouse Picking Technology
User Experience Driven BI Portal
 
 
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
Partnership
 
Oracle
SAP Gold Partner
Info
Success Factor
Microsoft Gold
 
Resources
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