Procurement Software for Consumer Packaged Goods Industry
It is time for the Consumer Packaged Goods (CPG) industry to adopt a philosophy in which companies succeed by:
- Creating new revenue streams.
- Competing on value.
- Driving profitability via higher volumes and prices (vs. lower costs).
Consumer Packaged Goods industries are growing at an exhilarating rate and will consume some $64 trillion worth of consumer packaged goods by 2025, according to a McKinsey study. Companies are expanding into new geographies and constantly innovating to meet demands from digitally conscious and connected consumers.
But risks of disruption lurk constantly on the horizon. CPG procurement teams are challenged with consistently finding new profit pools within value chains while achieving and maintaining global supply-chain transparency and systematic compliance to an expanding array of government regulations worldwide.
With deep expertise in the CPG industry and advanced procurement suite offerings, Zycus can create a procurement infrastructure that will help your CPG company to grow sustainably and be consistently profitable.
For details about our procurement solutions for CPG industry, download brochure