What's the important key elements in FMCG supply chain

Question

Accepted Answer

The important key elements in FMCG supply chain include demand forecasting, inventory management, logistics, and collaboration.

Demand forecasting: Accurately predicting consumer demand to ensure sufficient stock levels and avoid stockouts.
Inventory management: Efficiently managing inventory levels to minimize holding costs and reduce the risk of obsolescence.
Logistics: Ensuring timely and cost-effective transportation of goods from suppliers to distribution centers and retailers.
Collaboration: Establishing strong partnerships with suppliers, manufacturers, and retailers to improve communication and coordination throughout the supply chain.

Accepted Answer

optimize value for customers and maintain a competitive edge through strategic supply chain

Accepted Answer

ITEMS manufacturing vs expiry  ( self life) ,inventory  stock keeping, mix and match.

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