How the technology is changing the FMCG Industry

Fast moving consumer Goods are considering a vast improvement in efficiency and production levels. It is because the companies are adopting new technologies to track their manufacturing locations, product portfolio, aggregating godowns, and shipment warehouses.

Also, many FMCG companies have expanded their supply chain and increased their complexities. With the adoption of new and recent technologies has improved the functioning of sales, demand management, operation planning, and distribution resource planning. All these systems enable to check inventories efficiently, forecast sales and plan logistics and manufacturing process.

Some other FMCG companies are planning to implement Enterprise Resource Planning and Disaster Recovery Solutions to improve their functioning.

Also, their companies are planning to diversify their businesses while others require advanced management software that can take care of market forecast and demand management. They are also looking forward to the planning module for despatch chain and delivery. The company is also looking forward to reducing their inventory.

How Kiwi Foods are using technology to improve their process

The new technology such as automation is also adopted by Kiwi Foods and it is expecting to get increased access of seamless integration, shared information, cost- control, accuracy and production at warehouse and factory level.

They also have implemented the system of Wi-Fi at their corporate office. For unified communications, products such as IP Phones, call manager are under trial run and evaluation.  The video conference has also been implemented at their facilities.

They have also implemented SAP ECC in their various functions like supply chain and manufacturing that leads to seamless integration in all the business functions.

This result in faster access to cost control, shared information, and corporate sales information. Kiwi foods are also planning to introduce bar-coding at their warehouse for traceability, product identification, and tackling finished good inventory.

Changing scenario of FMCG in technology

Hence, there are many companies who are also managing their financial operations, strategic planning and budgeting. In the same manner, Kiwifoods tends to increase its efficiency, enhance flexibility and increase financial performance by adopting advanced technology. Thus, technology is changing the FMCG industry.