Consumer Products

Consumer products are routed through retail channels to reach the end consumer. Each business segment within consumer products sector is faced with similar yet distinct business challenges. There are similarities in the consumers that purchase these products, and these segments require a similar set of strategies to address them such as product innovation, fashion, and pricing strategies, as well as product and service bundling. Differences arise from the way in which the execution of these strategies ties to the channel, competition, execution, and fulfillment networks of each company.

The Steelwedge solution for the consumer industries can enable best practices including:

• Increased revenue predictability and improved margins
• Improve supply-demand balance
• Reduced lead times
• Improved ability to scale in order to plan at the style, color, and size level for apparel and footwear manufacturers
• Maximized equipment uptime on production lines
• Increased efficiency in supplier relationships
• Improved response time and service levels to customers
• Reduced inventory
• Improved ability to design products with re-use of components
• Reduced manufacturing and inventory costs
• Improved integration of supply chains and infrastructure during mergers and acquisitions
• Increased cost efficiency of manufacturing and distribution strategies