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Rachael Stormonth on Latest Trends in F&A BPS

Rachael Stormonth, Senior Vice President at BPS analyst house NelsonHall, discusses the latest business trends in F&A BPS with Professional Outsourcing magazine, and describes how some companies are using it as a platform for business transformation.

Enhancing Supply Chain Resilience – Consumer Packaged Goods

Market Reports

by Vaibhav Wardhan

published on Oct 11, 2024

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Report Overview:

This report is an analysis of the results from a survey of 93 CPG enterprises carried out by NelsonHall.

Who is this Report for:

NelsonHall’s “Enhancing Supply Chain Resilience – Consumer Packaged Goods” report assists organizations in understanding the supply chain process improvement requirements and initiatives to enhance the supply chain resilience of the CPG sector.

This report is an analysis of the results from a survey of 93 CPG enterprises carried out by NelsonHall.

The report is designed for:

  • CXOs within the CPG sector looking to understand the enhancements required to improve supply chain resilience within their sector
  • Vendor marketing, sales, and business managers wishing to identify the initiatives with the greatest impact on resilience within the CPG sector
  • Financial analysts and investors specializing in the services sector who are looking to understand the supply chain resilience pressures and initiatives within the CPG sector.

Scope of this Report:

The report analyzes the enhancements required to enhance supply chain resilience in the CPG sector and covers:

  • Key areas targeted for process improvement in the next two years
  • Opportunities for AI enhancement within supply chain management
  • Adequacy of existing supply chain information flows to meet future supply chain resilience needs
  • Enhancements required to improve supply chain resilience
  • Key characteristics for achieving a highly resilient supply chain
  • Areas where GenAI will have the greatest impact on supply chain resilience
  • The role of vendors in resilience initiatives.

The sectors covered in this series include:

  • Aerospace
  • Agriculture
  • Automotive
  • CPG
  • Energy
  • Food manufacturing
  • Healthcare Services
  • High-tech
  • Industrial manufacturing
  • Pharmaceuticals
  • Retail
  • Utilities.

The regions covered include:

  • U.S.
  • Europe
  • APAC
  • LATAM.

Key Findings & Highlights:

NelsonHall’s analysis of Supply Chain Resilience Enhancement within Consumer Packaged Goods enterprises consists of 23 pages. The report identifies that:

  • 84% of CPG companies are targeting demand forecasting for process improvement in the next 2 years
  • Three-quarters of CPG companies believe increased competitiveness is a highly important objective from use of AI, but only 14% are already using AI to make them more competitive
  • More accurate forecasting is also a highly important objective from use of AI.

This report is one of a series of detailed individual sector reports on enhancing supply chain resilience published by NelsonHall.

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