Vendigital has extensive experience of partnering with clients in the consumer products sector to help transform their operations and cost bases. We take an intelligent approach to cost optimisation and focus on delivering client outcomes, not consultancy reports, ensuring that we deliver quantifiable cost benefits and leave clients with solutions that deliver long-term results.
Our consumer products consultants are experts in the sector who and able to start working with your team, talking their language, from day one. They understand the complexities facing the sector, whether that is digital transformation or managing a complex supply chain, including a significant returns market stretching their current model, balancing seasonal demand with excess stock or reviewing their product portfolio and operating model to reduce waste and invest in the right areas.
Our consultants combine multi-disciplinary consulting expertise and direct operational experience with our proprietary digital platform to deliver deep, data-driven, insights into your business. Then, by working as part of your team, they work with clients to implement the changes required to turn those insights into tangible cost savings and improved processes.
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The challenges facing the consumer products sector
The consumer products sector has seen some significant challenges in recent years. This has meant that companies in this sector have had to make extensive changes and investments in order to survive and remain competitive.
Our team of consumer products consultants have been able to focus on these challenges and create an effective suite of solutions that provide quantifiable, sustainable cost benefits for clients.
Managing digital transformation
• Working with clients to find new software solutions and update legacy systems, paid for by reducing the cost base in other areas of the business
• Working with new partners to access the latest in technical innovation
• Integrating real-time data around products, pricing and shipping to improve user experience and build consumer trust
Supply chain optimisation
• Ensuring that the entire end-to-end model, from production in emerging markets, through to internal operating models, is working efficiently
• Working with supply chain partners to increase supply chain resilience and tighten up “last-mile” logistics
• Improve processes to manage the significant returns volume
Balancing demand and production
• Predicting, managing and responding to fluctuations in customer demand to reduce waste and the associated costs
• Reviewing production locations, processes and strategy to reduce operational carbon footprint
• Reviewing physical footprint and exploring partial repurposing of space for other actions such as e-commerce fulfillment
Our multi-disciplinary team of consultants combine deep expertise in supply chain management, procurement, cost and value engineering and digital transformation. They are experts in the consumer products sector, with direct experience of working in the industry – and therefore understand first-hand the challenges that our clients face – and leading operational transformation programmes.
By combining our multi-disciplinary consulting team with our proprietary digital platform, we are able to bring data-driven operational insights to our clients’ businesses, which in turn allow us to embed measurable, long-term cost benefits across your business.
We do this across:
By focusing on specific areas of your business we are able to bring a laser focus on cost transformation. These areas can include reviewing how the business sources key inventory, reviewing the whole of life cost as well as benchmarking the cost of components, developing relationships with suppliers to produce a best-in-class supply chain, and using data to inform product, stock and distribution decisions. We will look at the end-to-end operational efficiency of your business to ensure you understand how every part of the business contributes to the whole and identify where costs can be rationalised.
We don’t just give you a report with recommendations, we embed ourselves into your team to make sure that the changes that need to happen are actioned, that your team are fully brought in and upskilled where required, and that the changes are having the desired impact on your business.
Get in touch to find out how we can partner with you to achieve your cost transformation requirements.
Why choose Vendigital?
We are ideally placed to help complex businesses accelerate the transformation of their cost bases.
Client collaboration is at the heart of our approach
We cut through complexity quickly
We're focused on delivering long-term outcomes for clients
We work with clients to set the strategy and deliver the nuts and bolts of the solution
Intelligent approach to cost optimisation through deep understanding of cost and cost drivers
Deliver quantifiable cost reductions through our cost neutral fee structure
Julie Neal discusses how she made the leap from industry to consulting, and made the best use of her experience to help clients in the consumer sector.