Bizom Insights

The Power of a Digitised Supply Chain
A digitised supply chain leverages technology to create a transparent, interconnected network.

The rise of the smart fridge and its connected appliance brethren presents exciting opportunities for CPG brands

The business keeps pumping more and more money, hoping to see their “Taj Mahal” in action, only to realise months or sometimes years later that the land beneath is filled with water, and they are sinking!

However, the increasing speed of Earth’s rotation continues to elude rationalisation.

Retail 4.0 represents a paradigm shift in the way businesses operate, fueled by advancements in technology such as AI, IoT, and big data analytics. For CPG brands, this means navigating an increasingly complex ecosystem of digital channels, omnichannel retailing, and changing consumer behaviours.

Brands often can’t decide when is the optimal moment to expand globally. Below are several factors that may aid in making this crucial decision.

Like pieces of a puzzle scattered across multiple sales channels, inventory presents both a challenge and an opportunity. Direct-to-consumer (D2C) brands face immense challenges when it comes to inventory management, leading to significant inefficiencies and costs.

Most existing models were built for a different time, when scale was achieved by delivering truckloads of goods to warehouses and then retailers.

Bizom Buzz 2024, powered by Mastercard, brought together industry leaders from the FMCG space to talk and ponder over how AI and next-gen technology can revolutionise the industry in India and the world over.