Achieve Future-Ready Operations With the Virtual Twin Roadmap

We live in highly disruptive times. Consumer packaged goods (CPG) companies can no longer rely on traditional success models to prosper; instead, they must rethink their response to converging disruptions, such as: 

• Shifting consumer preferences, including increasing demand for ‘made local’ goods
  - 74% of French consumers are willing to spend more on products made in France
• Unstable commodity prices as a result of global bans and trade wars
  - Grain prices hit multiyear highs in 2021
• Emerging Asian economies that are poised to lead worldwide consumption and growth
  - 88% of the next billion entrants into the middle class will be in Asia
• Escalating regulations for environmental, social and corporate governance (ESG) practices
  - Large, global CPG companies are committing to advances like deforestation-free supply chains, lower water usage and biodegradable product formulations by 2030

The CPG industry has already reached a tipping point. Company leaders have to transform their operations now – only then can they successfully navigate disruptions and drive the next generation of growth. This transformation is propelled by agile end-to-end planning: The ability to quickly calculate the most innovative response that satisfies key performance indicators (KPIs), especially in an ever-changing environment.

With advanced planning capabilities, operations leaders are on track to building resilient, future-ready operations. Read our ebook to discover how.

The manufacturing and supply chain operations of today are highly interconnected: When one node is shaken, the entire network can be stressed. It’s essential for companies to establish resilient operations that are efficient in dynamic situations. But, how?

Virtual twin technology on the 3DEXPERIENCE® platform helps companies contextualize data, explore countless possibilities and determine the best and most feasible plan in line with KPIs. By constructing an accurate digital model of operations that updates in real time, it can:

• Simulate and optimize a factory floor’s equipment, workforce and efficiency
• Gain visibility of the entire supply chain, from raw material sources to production and distribution of goods
• Enable sustainable operations by providing a platform to innovate greener processes and plans
• Drive decision-making that prioritizes key business KPIs

Powered by the right solution, companies have the visibility and data they need to mitigate risks, be more agile and sustain profitable growth amidst disruptions.

Virtual twin experiences have helped CPG brands worldwide to optimize their operations based on the KPIs most important to them. Here are some of the outcomes:

• A world-leading food company succeeded in planning seven times faster
• A luxury beauty brand reduced its manufacturing waste by 50%
• An international beauty company increased its right-first-time rate from 93.5% to 94.4%
• A meat processing company improved its stock-keeping unit (SKU) management and experienced better margins

With virtual twin technology on a powerful business platform, you can consider infinite scenarios and arrive at the best action plan that satisfies your critical KPIs. Paired with insights from advanced analytics, you’ll be able to make smarter decisions faster, even when disruptions occur.