As the global personal care market grows into a $716 billion-dollar industry, companies are finding success in product innovation, expanding demographics, and new channels of distribution. As welcomed as these opportunities are, they can present real challenges for CPGs in maintaining the right balance of product supply. Increasingly, those with large portfolios of SKUs are taking a smarter look at their manufacturing workflow.
The Internet of Things allows us to analyze more about our processes than ever before. We can monitor filling and packaging rates, pinpoint inefficiencies in equipment operations, and digitally track a product at every step of its journey to the shelf and into the customer’s shopping cart. We have the insight now to pinpoint where the bottlenecks are and what needs to be done in order to alleviate them.
CPGs are using this insight to turn their plants into leaner, more agile operations. Their goal is to adapt to a global marketplace that is shifting in its makeup, and explore alternative methods for inventory management.
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The Internet of Things allows us to analyze more about our processes than ever before. We can monitor filling and packaging rates, pinpoint inefficiencies in equipment operations, and digitally track a product at every step of its journey to the shelf and into the customer’s shopping cart. We have the insight now to pinpoint where the bottlenecks are and what needs to be done in order to alleviate them.
CPGs are using this insight to turn their plants into leaner, more agile operations. Their goal is to adapt to a global marketplace that is shifting in its makeup, and explore alternative methods for inventory management.
DOWNLOAD EXCLUSIVE CONTENT>>>>>
