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For category managers to be successful at achieving their business objectives, they must efficiently provide information, analysis and insights to many groups such as retail partners, internal sales teams, brand managers and others. Complicating the process of disseminating information, each group has different goals and objectives requiring that the data be analyzed in different ways. For example, some may want to analyze a category by brand, flavor, and package size, while others may be more concerned with retail category and product level data analysis. This whitepaper describes the common challenges that most category management teams face today and provides solutions to empower category managers to be more successful at providing these various groups with timely data insights.
There are sales automation tools which are designed to specifically leverage on-demand data in the consumer goods industry. This whitepaper provides guidelines for evaluating these tools. The right choice in technology will empower your sales force to increase sales and improve profitability.
New trends are emerging in intelligent demand data analytics. As the technology for generating information advances, so too must demand data capture and analysis technology in the consumer packaged goods (CPG) industry. This evolution will drive businesses to the point where the primary factor for success in any for-profit organization hinges on its ability to generate timely, actionable insights from their demand data. Three main challenges have emerged in the industry over the last decade. The technology that CIOs implement in the coming years must address these changes in order for their organizations to stay competitive.
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