Monday, 7 December 2015

HOW INEFFICIENT FMCG DISTRIBUTION SLOWS DOWN YOUR BUSINESS AND WAYS TO PREVENT IT?HOW INEFFICIENT FMCG DISTRIBUTION SLOWS DOWN YOUR BUSINESS AND WAYS TO PREVENT IT? Kapture

HOW INEFFICIENT FMCG DISTRIBUTION SLOWS DOWN YOUR BUSINESS AND WAYS TO PREVENT IT?

FMCG
FMCG done right could be one of the most profitable businesses; but it can also quickly turn to losses as you primarily handling perishable goods with limited shelf life.
If you fail to move your goods efficiently or products reaches destination late, your label may no longer carry its best appeal. Moreover, the best shelf space could be already taken by competitor product, relegating your products to receive lesser eyeballs and attention.
An Inefficient distribution system is a characteristic mistake of starters and locally focused business. In these situations your products tends to gets to side lined for bigger corporate with a more streamlined inventory delivery channels.
Managing your Inventory is a Highly Demanded Skill
Major Corporations and companies for long have put emphasis on inventory distribution channels. It makes inventory management into a highly prized skill in talent market.
For example, Apple CEO Tim Cook is mainly responsible for optimizing inventory flow across apple factory and retail outlets. Now you know about the Steve jobs perspective about importance of distribution channel at your inventory channel.
Even as you can’t employ an inventory management specialist like Mr.Cook, acquiring necessary tools and information could help you streamline the inventory flow.
Here are the ways, where inefficient inventory flow could slow down your business along with ways to positive ways overcome them.
It makes your product sales more admissible in a competitive market Place.
Getting Maximum exposure at Retail Chains
Retail Chains
It’s said that a sign on a good inventory system is that a ‘product at manufacturing unit would be stamped with its intended shelf spacing.’ There are immutable practical difficulties at achieving this efficiency. For example market demand is a continually fluctuating factor, which continually shifts your available space on the retail shop. Without due attention, you can end-up with an excess manufactured inventory without a possibility of selling space.
According to studies, it’s getting maximum retail space shelf exposure and latest manufacturing dates that determines chances of selling a particular product. When one stack could be had by only one retailer, a store’s best possible spot gets maximum attention and maximum buys.

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