LONDON–(BUSINESS WIRE)–SpendEdge, a global procurement intelligence advisory firm, has
announced the release of their new ‘supply
chain risk management study on the consumer packaged goods industry’.
A well-known consumer packaged goods company with a considerable number
of manufacturing units spread across economies was facing difficulties
in identifying the potential opportunities in the market. The CPG sector
client wanted to leverage the use of supply chain risk management
solutions to achieve a more robust supply chain network. The consumer
packaged goods client was also looking at devising an effective risk
treatment plan including measures to protect the supply chain.
According to the procurement analysts at SpendEdge,
“The CPG industry acts as a foundation for the modern consumer economy
as it drives not only huge amounts of money into other businesses like
retail and advertising but also generates a massive portion of the gross
domestic profits (GDP) for countries across the globe.”
In the consumer packaged goods industry,…