FMCG

Taking Stock: How physical and digital dynamics converge in omni-channel retail

The convergence of the physical and digital dynamics in the omni-channel is presenting a huge challenge to retailers, who need to make their way in the new retail landscape and create new strategies that will fit in. However, it isn't true that everything is new.

In a recent web conference entitled 'Convergence of Digital and Physical Dynamics in an Omni-channel World, IDC Retail Insights presented the complicated balancing act retailers must face in the new retail landscape to manage the colliding forces of the old and new, as well as the tools they can use to succeed.

Summer brings good news for India's FMCG companies

Source: 
Business Standard

The monsoons may have begun in right earnest this year bringing much-needed respite from the sweltering heat of April and May, but there were some consumer goods companies who didn't mind the hot weather at all. For them, the rising mercury levels meant roaring business after two years of suffering the pangs of a cool summer.

 

Consumer goods companies buck slowdown trend in Q4

Source: 
Business Standard

After struggling for much of FY13, fast moving consumer goods (FMCG) companies seem to have retrieved some of the lost ground in the last quarter. The results declared by key companies for the three months ended 31 March show most firms have managed to arrest the moderation in volume growth witnessed in previous quarters.

 

RetailWATCH: Specialty Apparel Chain Converts Store Traffic into Buyers

Under pressure to deliver organizational growth and improve in-store operations, a premium lifestyle brands retailer deployed Tyco’s Traffic Intelligence Solution. With a network of 235 stores across 16 countries, it can now use real-time data to guide promotional, merchandising, and staffing decisions in order to maximize conversion and sales.

RetailWATCH: FJ Benjamin Ramps Up Shopper Conversion Rates with Traffic Intelligence

Significantly increasing shopper conversion rates has been one of the main motivations for Singapore-based FJ Benjamin Holdings to invest in traffic intelligence.

RetailWATCH: Beyond The Headcount: The Benefits of Traffic Intelligence

Retailers have traditionally worked with razor-thin margins and loss prevention continues to be a crucial area for helping them protect profits and secure their bottom line from multiple sources of threats - from the petty shoplifter to dishonest staff, to organized retail crime syndicates.

RetailWATCH: Shrink Visibility: The Forensics of Integrating Item Level RFID and Loss Prevention

The integration of item-level RFID information and Loss Prevention data creates a real-time understanding of what, when, and how specific items go missing.

RetailWATCH: Retailers and Inventory: The Importance Of Accuracy

In an increasingly vast and technology-inclined industry, retailers have found a significant need to implement solutions that not only improve their return on investment, but also maximize efficiency to meet overall business goals.

RetailWATCH: Electronic Article Surveillance, from Security to Retail Performance

Enhanced EAS solutions provide critical decision support at both the store and enterprise level by capturing, aggregating, interpreting, analyzing, reporting and intelligently responding to real-time operational data from stores, employees, inventory, and shoppers. A new generation of scalable, integrated and interconnected systems focused on merchandise protection and optimization as well as infrastructure reduction is currently being implemented by many retailers worldwide to dramatically enhance their performance.

Margin concerns for Indian FMCG firm Marico

Source: 
Business Standard

Marico Ltd, maker of the Parachute and Saffola range of products, could face margin headwinds in the March quarter. While the company has witnessed sluggish volume growth in the recent quarters, rising prices of its key raw materials — copra (dried coconut), kardi oil and rice bran oil — will only add to its worries, believe analysts.

 

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