FMCG Supply Chain and it's challenges

Question

Accepted Answer

FMCG supply chain faces various challenges such as demand forecasting, inventory management, transportation, and shelf-life management.

Demand forecasting: FMCG companies need to accurately predict consumer demand to avoid stockouts or excess inventory.
Inventory management: Balancing inventory levels to meet demand while minimizing holding costs and wastage.
Transportation: Ensuring timely and efficient movement of goods from manufacturing units to distribution centers and retailers.
Shelf-life management: FMCG products often have limited shelf life, requiring careful monitoring and rotation to prevent expiration.
Distribution network: Establishing an extensive and well-connected distribution network to reach remote areas and ensure availability.
Promotional activities: Coordinating promotional campaigns and ensuring sufficient stock availability during peak demand periods.
Supply chain visibility: Gaining real-time visibility into the entire supply chain to identify bottlenecks and optimize operations.
Quality control: Maintaining consistent product quality throughout the supply chain to meet customer expectations.
Sustainability: Incorporating sustainable practices in the supply chain to reduce environmental impact and meet consumer preferences.
Compliance: Adhering to regulatory requirements and ensuring compliance with safety, labeling, and packaging standards.

Accepted Answer

Seven major challange of supply chain

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