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for the Consumer Goods Industry

ConsumerGeniuses

ConsumerGeniuses

The four disruptions in the supply chain industry that hinder the growth rate are listed hereby. 1, Fragmented systems; a single logistics company runs various software programs to manage inventory. Instead, there should be a single framework that monitors the whole shipment procedure. 2, Rising shipping costs; companies spent $20 on logistics for every $100 parcel. To control these prices, companies should raise their volumes to expect greater discounts from carriers and bring their products in closer proximity to their end customers. 3, Inventory management challenges; 35% of US-based warehouses don’t use warehouse management software, so they need to have a minimum of three fulfillment centers. 4, Threats by tech giants; companies need to feature autonomous alternatives for tech giants to excel in e-commerce and offer prompt delivery.

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