In today’s world, the Retail & CPG industry faces many challenges that have created an urgent need for a robust and resilient supply chain. With the increasing competition, global disruptions, and changing consumer behavior, retail companies need to ensure that their supply chain can adapt to these challenges and maintain smooth operations, raising the need for Collaborative Planning.
Collaborative retail planning involves all stakeholders in the retail supply chain, including suppliers, retailers, and logistics providers, working together to create a common action plan. By implementing a collaborative retail planning process, companies can benefit from improved demand forecasting accuracy, reduced stockout risk, and increased efficiency. It is particularly crucial for perishables, short product lifecycle merchandise, and a broader range of products. While these products drive traffic, revenue, and margin for retailers, they also come with unique challenges that require effective collaboration between retailers and suppliers.
Join us for an exclusive webinar featuring expert speakers from PartnerLinQ, Visionet, and Forrester, and learn more about Collaborative Retail Planning to bring Supply chain excellence.