10+ Views

Impact COVID-19 on FMCG Supply Chain

The supply chains today are far more complex as compared to what they were a decade ago. The COVID-19 pandemic has not only hampered the production facilities, but has also disrupted the supply chains globally. In order to formulate corporate strategies, organizations are required to comprehend their direct supply chains and also inherit risks which they may get exposed to at their supplier and customer level. This phenomenon is regarded as the nature of every economy.

The implications of coronavirus outspread on the supply chains is already quite evident. The pandemic has compelled consumers to radically change their purchase behaviours which has led to hoarding and stock piling of daily essentials and heath & wellness products. This behaviour has subsequently affected the grocery aisles holding non perishable goods, including FMCG products.

Retailers in the U.S. have acknowledged the COVID-19 implications on supply chain, apart from sourcing and manufacturing in china. Approximately, 20% of the supply chain retailers in the U.S. are exposed to China. Albeit things coming back online in China, they still have shortage of labour which is affecting the cargo movement and hence cross border trade. Moreover, the U.S. trade war, increasing labour costs, and growth in number of manufactures producing for their own market in China, were some factors previously motivating U.S. retailers to move away from the market. Similar to a trade war scenario, the pandemic could lead to acceleration of more diversified supply chains by the U.S., rather than solely/largely relying on China.

Most of the U.S. companies, are facing doubled lead times and the shortage is caused due to lack of air and water freight options in order to move the goods to United States, despite of filled orders. This is an added supply chain disruption faced in the U.S.

The lockdown scenario in India has interrupted the operations of FMCG distributors. Since the lockdown, there has been an enormous shortage of labour and manpower. Regardless of the goods being manufactured and stocked in warehouses, the distributors are however unable to further supply them to the final retailers. There are several reasons causing this interruption, including police obstruction and manpower shortage. Consequently, the grocery and supermarket retailers are staring to face shortage of essential FMCG products. Nevertheless, the government has now stepped in with assistance of technology to promote linkage between suppliers and delivery partners.

European countries are facing a harsh time with maximum affected and death cases due to the COVID -19 pandemic. Countries such as Italy, Spain, France and Germany facing lockdown for weeks have certainly affected the supply chain of multiple businesses. The grocery store shelves have been wiped-off of their daily essentials, health & wellness and FMCG products. This presents potentially costly challenges for several supply chain leaders. Major swings in the inventory due to panic buying further reflect the upward stream of the supply chain. Manufacturers are left overwhelmed with unanticipated glitches in demand, distributors are in a complex state while determining the distribution during shortage and subsequently retailers lose potential sales.
Post Covid-19 World of FMCG Supply Chain

The COVID-19 pandemic is regarded as a black swan event, owing to which the expenditures on marketing activities have become short-term and unpredictable. The lockdown across majority countries is anticipated to increase digital viewing since people have started to spend much of their indoor time on digital gadgets. In this occasion, advertisers consider it imperative to stay in close connection with consumers. Hence, with the absence of social contact, building trust has become far more essential as compared to short-term sales.

E-commerce sales especially for daily essentials will serve as a boon for online business. In such scenarios, consumers tend to only satisfy their needs rather than desires, owing to the uncertainty of the situation. Categories which involve social contact such as restaurants, tourism, retail, cinema and others, will bear the extreme direct consequences of the pandemic. In terms of FMCG, the supply chain merchants are the ones to look out for. This is because most of the financial institutions will hold back on distribution of retail loans. Which will most likely cause undesirable impact on sales of durables.

Fast moving consumer goods giants including Nestle, P&G, Dabur and Jyothy Laboratories, HUL, Godrej have either reduced or suspended production altogether after the government’s lockdown orders. Certain brands will however continue production of essential food items, hand sanitizers and hand wash. Currently, there is a huge spike in demand for essentials, however immense supply-chain issues. In such a scenario, it wouldn’t be hard to anticipate disruptions in the supply chain as an impact of lowered production.

In addition, there is an issue of lack of even distribution among retailers alongside consumer’s panic buying behaviour in the current situation. This is also likely to further deplete the finished goods pipeline. Although, the bigger problem for the FMCG giants is caused by lack of clarity in COVID-19 guidelines presented by the government. On one hand, the production of essential good is permitted, on the other hand, complete lockdown has caused shortage of manpower, hence leading to reduced production. Companies such as Amul and HUL are making every effort to ensure that their products are manufactured and bought to the market in an uninterrupted manner.

In terms of certain small-scale and local brands, the priority however seems to be a little different. There is a wide array of fake and duplicate products available in the market for short-term profitability. Several e-commerce platforms such as Amazon and Flipkart have stopped third party merchants to market products which claim to cure coronavirus.
Cards you may also be interested in
Mua bán rao vặt nhanh chóng tại Chợ Tốt Nhất Hà Nội
Mua bán rao vặt nhanh chóng tại Hà Nội Mua bán rao vặt tại Hà Nội nhanh chóng và hiệu quả, tiếp cận được đúng đối tượng khách hàng tiềm năng tại khu vực mà bạn kinh doanh, đó là những gì bạn nhận được khi tham gia vào nền tảng kinh doanh C2C trực tuyến của chúng tôi. Chợ Tốt Nhất là một trong những website rao vặt trực tuyến tổng hợp hàng đầu, với hàng trăm các loại sản phẩm và dịch vụ khách nhau từ mua bán nhà đất, xe cộ, việc làm, thời trang, điện tử, điện máy cho đến mỹ phẩm và đồ gia dụng… Bạn đang kinh doanh tại Hà Nội và muốn tiếp cận được đúng các đối tượng khách hàng tiềm năng mà bạn mong muốn, Chototnhat.com tự hào là đia chỉ mua sắm trực tuyến hàng đầu không chỉ tại Hà Nội mà hầu hết các tỉnh thành trên toàn quốc. Khách hàng đến với chúng tôi là những người có nhu cầu thực sự, mong muốn của chúng tôi là tạo ra các kênh mua sắm trực tuyến an toàn và giá rẻ cho cộng đồng, khách hàng của chúng tôi đang tìm mua các sản phẩm mà bạn đang kinh doanh, còn bạn đã sẵn sàng tham gia vào sàn thương mại trực tuyến của chúng tôi. Hãy nhanh tay click để tham gia ngay cùng hàng triệu các thành viên khác trên toàn quốc, đừng để khách hàng phải chờ đợi bạn lên sóng.
Principles regulating clinical trials worldwide
Clinical research training Clinical research training programs are designed for clinicians and scientists around the world. These research training programs provide advanced training in healthcare methods and research. The training often incorporates in-person seminars and dynamic workshops. It focuses on enhancing clinicians’ and staff skills, knowledge, and ability at every phase of the research, particularly for pre-clinical research phases. The training includes writing grant proposals and launching new projects for analyzing data and presenting their clinical results. . Take the Best Training in Clinical Research. Principles regulating clinical trials worldwide Clinical trials are required to follow the following guidelines and more to ensure the safety of patients and efficacy of tests and treatments. However, stringent requirements may force clinical trials to shift to low-income and middle-income countries depriving the local population of the opportunity to benefit from international clinical research. ● Obtaining clear, transparent, and informed consent from participants. ● Allowing participants to withdraw at any point of time from a clinical trial. ● The outcome of the clinical research should provide benefits to society without doing any harm to the participants who volunteered to participate in the clinical trial. ● Any unintended response to a drug or medical product should be considered an adverse reaction. ● A declaration of confirmation by the auditor that an audit has been conducted. ● The auditor should provide a written evaluation of the results of the audit. ● A written description of a clinical trial or study. ● Report of placebo or any investigational product if used in the clinical trial. ● The ethical and moral obligation to protect patients and reap clinical research benefits. . Take Clinical Research Course from the Best. The conclusions derived from the results of a clinical trial conducted worldwide generally apply to all study centers and countries. It increases the pace of drug development and facilitates the approval process of the tests and treatments in foreign markets. However, clinical trials face several challenges that they should overcome to ensure optimal conduct and coordinate clinical trial sites that operate under different regulations, technical, cultural, and political conditions. Clinical trial sponsors are responsible for obtaining consensus among clinical experts and regulatory agencies regarding fundamental questions that include a consistent diagnosis.
Stunning Gifts for your Mother to showcase your Love on Women's Day
On 8th March every year, Women's day is celebrated globally. While stuff like hostile feminism and others have tried to slander it, it still kept its charm precisely the way it was. Speaking of which, wouldn't it be lovely to have some women's day gift ideas to surprise your mother on this beautiful day? Nothing in the world should be more important than your mother. From carrying you in her womb to raising you as you are today, a mother is the most important person in life. While every year, people celebrate this day differently, why not dedicate this one for your mother only? Women particularly like any type of gift. Even though your mother will appreciate anything you'll gift her, still try to get her the best possible things. If your experience in this area isn't fair and you're confused about where to start, don't worry. Here we have spent our last days compiling this guide to assist you with the best women's day gift ideas. So, sit back, relax, and scroll through this guide to make this women's day memorable for your mother. Chocolate Box Chocolate is something almost everyone loves, especially women. You can easily find a special women's day chocolate box online or from any gift shop. Gifting your mother with a lovely chocolate box is a cute way to express your love for her. Household Equipment Women, especially mothers, like to keep their home neat and organized. Whether it's the kitchen, living room, or the garden, they aim for perfection in everything possible. While a special women's day chocolate box is definitely a good idea, this idea can make her wish fulfilled as well. If you have a knack for finding quality items, go for quality home accessories or kitchen appliances, or smart garden tools. Any of these things will be appreciated by your mother. Bouquet of Flowers Let's start with the classics. It is no surprise that you can find plenty of women's day flowers before the day. Flowers might seem old school but are one of the best, if not the best, way to express love. Following this century-old tradition, you can gift your mom a fresh bouquet of flowers. Whether you go online or choose to buy in person, always take care of the flowers you buy. Because you never know which type of flowers are perfect for your mother. Jewelry and Accessories Despite their age, some women like to organize their accessories and jewelry. If your mother is one of them and you can't find an excellent women's day jewelry deal, then this idea is definitely the one for you to consider. Women love jewelry and, gifting a special woman of your life with quality jewelry will definitely make her day special. Delicious Cake Now everyone loves cake. With that taken into context, you can also go for a delicious women's day special cake for your mother. The deals you can find online and in shops are friendly with the budget. Your mother will appreciate this a lot. Try to come up with a personalized greeting message to wish her on this special day. Not only will that make her day more exciting, but it will also create memories that'll last for a long time. Organize a Dinner for Her If a delicious women's day special cake is not the thing for your mother, why not keep favorite food on your list? Everyone loves eating and mostly when it's arranged in a special way. Planning and organizing a dinner, whether you decide to take it outside or within the home, is an ideal gift for your mother. There's nothing more heartwarming than spending time with your family on this special day indeed. Gift Her Something That Excites Her Let's be honest, she's your mother, after all. You should know what excites her the most. Is that a cute pet she always wanted to keep? Is that an event or a place where she wanted to go? Or is that a tour of a historical or a cultural place? The choice is eternal, and when you know what excites your mother the most, you will definitely know how to surprise her. Not to mention that surprising her will leave a stunning impression on her and give her long-lasting memories with you. Conclusion Here we are at the bottom of the list where we enlisted some of the most common yet heartwarming ways to give your mother on women's day. It has every tip that can help you make her day special, ranging from fancy and extravagant to simple and lovely gifts. Try these ideas and let us know your favorite ones in the comments below.
Menthol Cigarette Market Trends 2020 | Industry Growth, Share, Size, Demand and Future Scope 2025 | IMARC Group
According to the latest report by IMARC Group, titled "Menthol Cigarette Market Trends: Global Industry, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global menthol cigarette market is currently witnessing stable growth. Menthol is a naturally occurring substance that is extracted from plants, such as peppermint, spearmint or corn mint. It can also be produced synthetically and is widely used as a flavoring agent in numerous products, such as candies, syrups and chocolates. It is also used in cigarettes for triggering the cold-sensitive nerves present in the skin. Characterized by a refreshing flavor and anesthetic effect, it is primarily added to the tobacco to yield a cooling sensation in the mouth and throat of the users. The use of menthol cigarettes decreases the cough reflexes of the users while offering a soothing effect to the dry throat feeling. These cigarettes reduce the overall harshness of the smoke, owing to which they are gaining widespread preference, especially among the young and new smokers. Request for a free sample copy of this report: https://www.imarcgroup.com/menthol-cigarette-market/requestsample Global Menthol Cigarette Market: The global market is primarily driven by a significant increase in the number of smokers across the globe. Rapid urbanization, long working hours and hectic schedules of the majority of the working professionals have led them to consume cigarettes more frequently to combat stress issues. In line with this, there has been a considerable increase in the number of female and young smokers, which is also contributing to the market growth. Moreover, owing to aggressive promotional campaigns by numerous manufacturers, there is a common misconception among the masses that menthol cigarettes are healthier alternatives to the commonly consumed cigarettes, which is propelling their demand. However, the consumption of these cigarettes poses similar health risks, often leading to a higher level of nicotine addiction. The advent of single and double capsule variants is further acting as a major growth-inducing factor. These cigarettes contain capsule(s) around the top of the filter that is required to be crushed, when needed, for releasing the additional menthol flavor. This allows the users to adjust the flavor of the cigarette as per their choice and preference, thereby contributing to their widespread popularity. Some of the other factors contributing to the market growth include the advent of low-tar cigarettes and the popularity of ultra-slim variants among female users. On account of the aforementioned factors, the market is anticipated to register a CAGR of around 3% during 2020-2025. Breakup by Capsule Type: Single Capsule Menthol Cigarette Double Capsule Menthol Cigarette Breakup by End-User: Male Female Breakup by Size: King Size 100s Others Breakup by Distribution Channel: Supermarkets Hypermarkets Online Retailers Others Breakup by Region: North America Asia Pacific Europe Latin America Middle East and Africa Competitive Landscape: The competitive landscape of the industry has also been examined with some of the key players being Alfred Dunhill Ltd., Altria Group Inc., British American Tobacco, China National Tobacco Corporation, Commonwealth Brands Inc., Essentra Plc, Imperial Brands Plc, Japan Tobacco Inc., KT&G Corporation, Liggett Group LLC, Lorillard Tobacco Company, Philip Morris International Inc., etc. For more information about this report visit: https://www.imarcgroup.com/menthol-cigarette-market About Us: IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. Contact US: IMARC Group 30 N Gould St, Ste R Sheridan, WY 82801, USA Website: https://www.imarcgroup.com/ Email: sales@imarcgroup.com USA: +1-631-791-1145 Follow us on twitter: @imarcglobal Linkedin: https://www.linkedin.com/company/imarc-group
Tempered Glass Market Report: Latest Development, Trends, Top Key Players and Outlook 2025
According to IMARC Group’s latest report, titled “Tempered Glass Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025, the market is expected to continue its moderate growth during the next five years., according to a new report by IMARC Group. Tempered glass is manufactured from using heat and high-pressure cooling procedures. It is durable, lightweight, resistant against heat, shock and scratches, and exhibits high strength as compared to the annealed glass. Consequently, it is extensively utilized as screen protectors for consumer electronics, such as smartphones and tablets. It is also used in the production of shower doors, automobile windows, refrigerator trays, architectural doors and tables, bulletproof products, cookware, and diving masks. Request for a free sample copy of this report: https://www.imarcgroup.com/tempered-glass-market/requestsample Market Trends The boosting sales of consumer electronics on account of inflating income levels and rapid urbanization represent one of the key factors propelling the global tempered glass market growth. Apart from this, the rising construction activities, in confluence with the escalating demand for durable building materials, are further bolstering the market growth. Moreover, owing to the several advantages associated with the usage of tempered glass, it is gaining popularity in the manufacturing of solar photovoltaics (PVs), which is expected to provide a positive outlook for the market growth in the coming years. Competitive Landscape The report has also examined the competitive landscape of global tempered glass market. Asahi Glass Co., Ltd. Dlubak Specialty Glass Corporation Guardian Industries Nippon Sheet Glass (NSG) Co. Ltd, Press Glass SA Romag, Saint-Gobain S.A Taiwan Glass Ind. Corp. Virginia Mirror Co Fuso India Pvt Ltd. Key Segments of the Report: Breakup by Type: Plain Glass Coloured Glass Breakup by Shape: Flat Tempered Glass Bent Tempered Glass Explore full report with table of contents: https://www.imarcgroup.com/tempered-glass-market Breakup by Application: Construction Automotive Home Appliances Gadgets Others Breakup by Region: North America Europe Asia Pacific Latin America Middle East and Africa Browse Related Report: https://www.imarcgroup.com/business-jet-market https://www.imarcgroup.com/e-commerce-market About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. Contact US: IMARC Group 30 N Gould St, Ste R Sheridan, WY 82801, USA Website: https://www.imarcgroup.com/ Email: sales@imarcgroup.com USA: +1-631-791-1145 Follow us on twitter: @imarcglobal Linkedin: https://www.linkedin.com/company/imarc-group
Digital Transformation in Retail: Why Are Tech Collaborations Important?
Speak to the innovators, tech enthusiasts, and business owners hailing from different industries and you will hear them speak one word with a lot of fervour and enthusiasm – “Digital Transformation”. Apart from being a buzzword, it has also been a phenomenon which is often defined vaguely with its distorted nuances. However, the simplest way to understand this phenomenon of change is – As and when the technology reshapes itself, all the businesses need to adapt to in order to keep ahead of their competitors. Today, we will talk about digital transformation in the retail sector. Perhaps, no other industry is as affected by customer demand as much as retail. Irrespective of their location, the customers want immediate and effortless shopping experiences. Amazon Go is one of the biggest and best examples of today’s disruptive retail environment. Now, this paradigm shifts in retail business driven by expectations of customers is also giving birth to new retailer-supplier relationships. The Purpose of Retailer-Supplier Relationships Partnerships between retailers and suppliers is meant to serve customers in a better way while bringing retail transformation. Also, retailers can unlock the potential of data science and transformative solutions to create better business models. A few years ago, technology was utilized by the retailers to stand out from competitors or to demonstrate that they’re offering something new. However, those days are gone. Technology is not just a utility anymore. In fact, it is one of the most essential elements when it comes to bringing strategic digital transformation in retail products as well as operations. How Are Retailers Transforming? Talking about technologies, let’s take Artificial Intelligence for example. AI has the potential to understand, reason, learn and help in solving problems as well as making decisions. Thanks to the advancements in cloud technologies, AI, and other enterprise-based software, retailers are able to transform their operations and get a fresh perspective of conducting business. Now, although technology helps retailers to make successful digital transformation, real accomplishment can be achieved when there is collaboration and strategic planning between two businesses. Retailers usually have in-depth know-how about their industry. That knowledge, when combined with technical knowledge of the supplier, can convert into the most sustainable relationship. Partnerships You Must Know About Microsoft – the tech giant has gotten into a strategic partnership with Marks & Spencer and Walgreens Boots Alliance, which are the two best high street mainstays in the UK. Marks & Spencer’s Chief Executive Steve Rowe strives to craft a “digital-first” business model and wishes to make the most out of Microsoft’s AI capabilities in order to implement an operation which is just right for the modern needs of customers. The merger of these companies will bring about substantial retail digital transformation by creating new business models. Have You Chosen Your Technology Partner? If you own a retail business, it is time for you to ask this question to yourself. By choosing the right partner, and getting into collaborative business relationships, you can carve the success story you have always strived for. Gateway Digital offers real-time digital capabilities to all the retail pioneers aiming for customer excellence. We will help you offer convenience to your customers by bridging physical as well as digital shopping experiences through cloud, analytics, e-commerce, AI and mobility solutions. If you believe in enhancing your customer base through customer centricity, look no further and drop an email to connect@thegatewaydigital.com now!
5 Mistakes to Avoid when Choosing a POS System
One of the most important things a business owner needs to run their business effectively is the ability to keep track of inventory. The best way to do this is to create a powerful point of sale system. These systems not only monitor sales, inventory, and cash flow but also manage the entire business. The best free pos software will help you improve your business operations by optimizing inventory, tracking the most popular items, and managing daily sales reports. To choose the best retail management software for your business, you need to avoid these mistakes. Not doing enough research Most business owners who are disappointed with their point of sale software are the ones who don't do enough research before making a purchase. A simple Google search gives you plenty of options to choose from. You can request free demos and consultations for the people you choose. Based on the demos, you will choose a system that best suits your business needs. Don't check references Most suppliers will offer you the best references. However, asking them to provide a local reference can protect you from buying a poor quality product. You must visit your local restaurant/retail store with the same vendor's POS system to ensure its quality and effectiveness. After seeing the product, you can choose the best product in terms of features and quality. I am not looking for support options Support options are essential for any software or hardware. A reliable support system is invaluable for any job in life. So make sure your provider has support services to meet all of your needs. Purchasing a system that does not provide detailed sales reports It is not enough to just buy a POS system that will keep track of all of your sales transactions. To run your business profitably, you need useful information. This information is provided by the daily sales reports produced by the point of sale solution. With this knowledge, you can easily identify the top and bottom performing items in your store. First, buy the hardware Many business owners make the mistake of purchasing POS hardware before making a decision on the software system. Always remember that not all software is compatible with all hardware. The hardware and operating system requirements apply to the software system. Also, each program in the software only works with certain types of scanners, printers, and card readers. Make sure you buy the software first, and then the recommended hardware.