A Roadmap for CPG and Retail Companies
The COVID-19 pandemic has taken the world by storm and has created a deep impact on the core industries. The impact has been more profound in verticals such as CPG and Retail, which depends on a unique ecosystem. The engines running CPG and Retail has hit a stumbling block, caught in the headwinds posed by COVID-19. Given this backdrop, they need to quickly recalibrate themselves and navigate to the next normal. At this point, both CPG and retail industries are looking at solutions that can help them achieve the following objectives:
- Clearing existing inventories
- Getting better in demand prediction
- Opening more digital channels in the post COVID -19 world
- Evaluating alternative supply chain to mitigate risk
- Optimising cost
In this White Paper, we look at the multi-pronged challenges confronting the CPG and Retail industries in the current context and how Nihilent can help you with best of breed solutions in navigating the crisis and beyond.