Retail, Fashion & Consumer Goods
Industry Challenges
Few industries are more competitive than the Retail, Fashion & Consumer Goods industry. A large number of companies fighting for market share within a crowded global marketplace puts pressure on margins and requires fortified business processes to lower costs and increase efficiency. At the same time, increasing supply chain regulations and consumer demands for sustainability require Retail, Fashion & Consumer Goods leaders to continuously innovate their products, customize and deliver them quickly, and provide end-to-end lifecycle visibility at the same time. Add in rising raw material costs and supply chain disruptions, and business success in the Retail, Fashion & Consumer Goods industry becomes more challenging than ever before. To thrive, consumer goods leaders worldwide must implement digital solutions that ensure operational flexibility, manufacturing efficiency, regulatory compliance, supply chain traceability and brand protection.
Our Industry Solutions
1. Product Design Automation
Consumers today expect customized products to meet their specific needs and preferences. As a result, manufacturers must innovate and improve their product offering continuously, evolving along with consumer and market trends. Offering variations and customizable options, however, adds complexities to the design process. Our design automation solutions help businesses automate design processes to develop products faster, minimize time-to-market and get quality goods to consumers ahead of the competition. In addition, by integrating different design tools for product design and engineering analysis, we can deliver a mechanism to rapidly iterate over designs, without the need for costly physical tests.
- Model-Based Product Definition
- Product Design Automation
- Product Engineering Services
- Product Simulation & Analysis Automation (Structural, Thermal, CFD, Battery Chemistry, etc.)
- Product Configuration Management
2. Sales & Operations Planning (S&OP)
Given the increasing supply chain disruptions and the constant fluctuations in consumer behavior and demand around the world, alignment of demand and supply remains a major pain point for many Retail, Fashion & Consumer Goods companies today. If demand exceeds supply, this leads to understocking and lost sales. If supply exceeds demand, this leads to overstocking and excessive inventory costs. Our Sales & Operations Planning (S&OP) solutions aim to help companies operating in these sectors accurately forecast demand, minimize inventory costs and build flexibility into their planning processes, so that they can react quickly to unexpected changes.
- Demand Forecasting
- Demand Planning
- Inventory Planning
- Production Planning
- Production Scheduling
- Supply Chain Planning
3. Warehouse Management Systems (WMS)
Tracking and managing warehouse operations in consumer goods is a critical process that can be extremely time-consuming and error-prone, so many companies are looking towards digitalization to help them better manage their inventories and logistics. Engineering Industries eXcellence can deliver the capabilities of the latest Warehouse Management System (WMS) technology together with our unified approach to warehouse management to synchronize customers' logistical operations across their production and supply chain processes. Our warehouse planning and material synchronization solutions enable flexible operations, just-in-sequence production, just-in-time inventory and other optimization initiatives.
- Inbound Document Registration (PO, ASN, Goods Receipt)
- Receiving & Goods Acceptance Management (Workstation, Return, Recall)
- Multi-Package Management (Box, Bale, Pallet)
- Sorting & Repalletization Management
- Lot Generation, RFID & Labeling Management
- Item Allocation & Assignment Management
4. Digital Supply Chain (Tracking & Tracing)
Growing global markets are driving intense competition across the Retail, Fashion & Consumer Goods marketplace, leading to a proliferation of new products and challenges. Multi-national regulations and globalized supply chains continue to make product traceability difficult, and legacy Enterprise Resource Planning (ERP) systems are no longer enough to keep up with the complex information demands of the consumer goods industry. On top of that, consumers have a choice when buying, and they are increasingly demanding visibility into the lifecycles of the products that they purchase. Our Digital Supply Chain (Tracking & Tracing) solutions help consumer goods leaders achieve end-to-end visibility of their supply chain to deliver authentic and safe products.
- Corporate Product Serialization & Genealogy
- Digital Global Batch & Material Traceability
- Serialization Data Management & Exchange
- Product Recall/Return Management
- Regulatory Compliance & Reporting
- Mobile & Cloud Accelerator Applications
5. Simulation & Decision Science
Since commissioning of new facilities, products and processes is often costly and capital-intensive in the Retail, Fashion & Consumer Goods manufacturing industry, applying Digital Twin technologies and advanced simulation methods to identify improvements and solve complex operational and supply chain challenges is becoming increasingly cost-effective for business leaders. Our Simulation & Decision Science solutions utilize advanced analytics, system dynamics modeling, discrete event simulation and agent-based simulation methodologies to help companies study and optimize their factories, eliminate inefficiencies across their supply chain and better leverage their data to solve problems, gain insights and make the best decisions for business growth.
- Site/Plant/Warehouse Layout Design & Improvement
- Manufacturing/Assembly/Process Design & Improvement
- Supply Chain, Resilience & Risk Assessment Studies
- Logistics, Kanban & Supply Chain Optimization
- Ergonomics, Throughput & Sequencing Studies
- Machine Learning & Mathematical Modeling
Engineering's Advantage
Engineering Industries eXcellence is dedicated to creating lasting strategic partnerships with Retail, Fashion & Consumer Goods leaders worldwide to help them advance along their digital transformation journeys. Our Industry 4.0 experts work closely with the customer so that we can identify the most effective ways to apply technology solutions to each organization's unique needs and business goals. Our global team’s depth of experience delivering successful digitalization projects for top Retail, Fashion & Consumer Goods manufacturers across North America, Europe and South America has given us an understanding of industry-specific challenges, standards and solutions that our customers could not find at any other company in the world.
Interested in speaking to one of our Retail, Fashion & Consumer Goods experts? Contact us at info@indx.com.
