Better Visibility & Insights for FMCG Industry
Packaged Food & Beverages
Personal Care Products
Pharmaceutical Products
The Most Common Challenges in FMCG Operation
A lot of manual operation using papers and Excel sheets has been known to cause bottleneck in getting the real and actionable visibility and insights from the floor. Even ERPs still have limit specific to managing the floor operation properly. This, oftentimes, causes major productivity and efficiency issues.
Based on our many encounters with FMCG players in the market, here are some of the most frequent issues or challenges that have forced the FMCG players looking for reliable Supply Chain solution to help them.
- Expired Stocks
- Space Utilization
- Inventory Mismatch
- Order Fulfillment
- Serialization Compliance
- Defect Management
On average, there is 20% products spoiled because of undetected expiration, raw materials and finished products.
The lack of visibility of inventory levels will lead to overstocking of unnecessary products that turn out not moving as expected or planned.
Not enough visibility on warehouse space utilization combined with unpredictable demand will cause warehouse space overflow.
There needs to be a way to get real-time visibility to help with better decisions concerning utilization of storage space.
Inefficient inventory handling often lead to overstocking or stock-outs, negatively impacting production, delivery schedules and raising costs.
Without regular cycle counts and control in-place, there will be constant fire-fighting and a lot of manual checkings.
Wrong or slow delivery will lead to low customer satisfaction level and financial losses if they need to re-arrange shipments because of the mistakes.
There is also heighten risk of bigger loss & spoilage of sensitive products because of the re-transit process.
Tracking pharma and food products with serialized IDs across the supply chain to align with food & drugs compliance has been a real challenge for the industry.
There needs to be a centralized system that can maintain all of the data and to report as regulated.
Company reputation will be hit hard if defective products gets distributed and is not handled properly.
The products need to be hold while still in the internal factory environment and recall those that already get distributed out.
How Largo Can Address The Challenges
The Solutions
Largo WMS (Warehouse Management System) is the flagship product that provides end-to-end solution for managing a warehouse properly from the inventory, warehouse space to operators activities. It is definitely a powerful addition to your financial or ERP application.
Largo Manufacturing WIP (Work-In-Progress) is the solution for tracking real-time production progress in order to discover bottlenecks quickly and improve efficiency with its OEE indicator. It is designed to capture good and bad produce as well as recording downtimes.
Largo AMT (Asset Movement Tracking) is designed to track your pallets, plastic boxes, steel cages, etc that are used to contain your products. Have the real-time insights on the availability as well as where they are located, internally as well your customers’ locations.
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