- Consumer goods and Distribution
- Solution
iDMCP
Enabling real-time fulfilment through Integrated Distributor Management & Collaboration Platform
In this article
Challenge
As consumer preferences evolve and the demand for innovative products and services intensify.
The Consumer Packaged Goods (CPG) industry is looking at new ways of attracting and engaging customers.
To stay competitive, CPG companies need to:
1. optimize inventory
2. improve efficiencies of their warehouses and the supply chain
3. ensure faster time-to-market
4. enhance service levels
5. reduce costs
Solution
Integrated Distributor Management and Collaboration Platform (iDMCP) can be configured according to the customers’ business context. The solution leverages TCS’ proprietary Follow the Product approach, which helps to unlock interventions relating to human, process, technology and data. The cloud-based offering enables accurate demand prediction and empowers distribution and logistics teams to fulfill near-real-time market demands, while reducing inventory and transportation costs.
iDMCP
Benefits
- Increase in case-fill rate by at least 22%
- Improvement in forecast accuracy by 10-30%
- Reduction in days of inventory by at least 41%
- Reduced transportation costs
- Enables seamless collaboration between stakeholders
- Intelligent warehousing with batch-level capabilities
The iDMCP platform consists of the following modules:
SERVICE LEVEL ENHANCEMENTS Captures, validates and fulfills retailer demand in real time
REPLENISHMENT PLANNING & INVENTORY ALLOCATION Improves planning accuracy and optimizes
TRUCK LOAD OPTIMIZATION Aids better vehicle planning, route and load optimization
SMART FORECASTING Reduces inventory turnaround time
WAREHOUSE AUTOMATION & SPACE VISIBILITY Provides visibility into warehouse transaction
BROCHURE
Enhancing Inventory Control System & Demand Planning
Read how cloud-based iDMCP helps enterprises improve demand & transportation planning & draw up effective stock management strategies for smooth operations.
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