Managing unsold inventory can be a confusing proposition, and it only gets more complicated when you factor in the various terms and definitions that different organizations use. Accurately defining...
Topics: liquidation, unsold inventory, supply chain
From convenience to sustainability: the growing popularity of frozen foods for CPG manufacturers
Welcome to the world of frozen foods, where quality, convenience, and sustainability intersect to provide a winning combination for both consumers and CPG manufacturers. In this blog, we delve into...
Topics: liquidation, supply chain
Resignations, layoffs, and labor instability: How automation helps CPG manufacturers stay ahead
The labor market has been affected by numerous layoffs in recent months and while technology companies have grabbed most of the headlines, the food industry has also been impacted. According to a...
Topics: liquidation, supply chain
The holidays are upon us and shoppers and companies alike are smack in the middle of the busiest time of the year. While the holiday season is a time of great joy and excitement, it can also be...
Topics: liquidation, supply chain
Excess inventory is inescapable. It’s a fact of the CPG supply chain life and will always be around as long aswe continue to operate in a linear economy system.
So why do companies lose money on...
Topics: liquidation, supply chain
Discount sales often get pushed to the side, and very few actually dig into the numbers to determine the value of secondary sales. In truth, there’s a wealth of data available on discounts that can...
Topics: liquidation, supply chain
In a perfect world, we’d imagine that the products we create go directly from the manufacturer to the retailer and eventually end up being purchased and used by the consumer. What’s easily forgotten...
Topics: liquidation, supply chain
Halloween is the time for ghosts and goblins, witches and werewolves. It’s also an extremely important season for retailers and manufacturers of seasonal goods, including candy and snacks. How well...
Topics: liquidation, supply chain
While many industries continue to implement digital tools and automation in their supply chain, liquidation processes remain largely outdated and manual process. It’s essential for CPG manufacturers...
Topics: liquidation, unsold inventory, supply chain, discount retail
Having a robust liquidation program not only helps reduce waste which benefits the environment, but can also have a significant impact on your company’s financials. By moving excess inventory...
Topics: liquidation, unsold inventory, supply chain, discount retail