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The Top Food And Consumer Goods Supply Chains Are…

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According to a survey by Kantar Retail, General Mills and Procter & Gamble tied for the top spot on the ranking of top consumer packaged goods supply chains. Several well-known businesses made the list and one was even nudged off the top 10 ranking. This begs the question, what activities or characteristics lead to a strong supply chain and how can other businesses strengthen their supply chains?

As discussed in “Annual Kantar Retail Ranking of the Top Consumer Goods Supply Chains for 2014,” posted by the SCDigest Editorial Staff on SCDigest.com, Kantar Retail released their list of the top supply chains in the food and consumer packaged goods sector for 2014. They considered many performance measures including brand power, marketing programs, sales teams, overall business fundamentals, and supply chain management. The study involved asking retailers to rate manufacturers and manufacturers to rate retailers on similar criteria and there were nearly 400 businesses represented by both sectors. Topping the list is Procter & Gamble, General Mills, and Unilever. Coca-Cola stole the 10th spot from Heinz, who dropped off the top 10 list.

Comments included in the ranking results suggested a few reasons why some businesses were favored over others. A retailer indicated that Procter & Gamble provides dedicated support for their suppliers and works with suppliers to make their supply chain better. Another comment indicated that Coca Cola provides the right products, in the right place, at the right time, which nearly eliminates stock-outs. A final comment included in the article points out how important the supplier-retailer relationship can be toward business success. One retailer noted that General Mills offers “a commitment of resources and flexibility” and suggested that they work “collaboratively to achieve our shared objectives.”

Managing an efficient supply chain is important to the success of your own business and can impact your customers as well as your suppliers. With the support of an integrated enterprise resource planning (ERP) solution, you can have greater control and visibility throughout your supply chain, which can lead to healthier profit margins and help you compete in today’s challenging economy. Contact MIBAR.net to learn how you can strengthen your supply chain with a powerful ERP solution.

By MIBAR.net, Long Island, New York, Microsoft Dynamics ERP Partner

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