As part of The Ferrari Consulting and Research Group and Supply Chain Matters continuing focus on business process and technology, we’re very pleased to be able to announce to our readership that in a conjunction with our new Sustaining sponsor, Nulogy Corporation, we will be adding additional thought leadership on the role and importance of agile customization in today’s supply chains.
Nulogy is a software company with a mission is to enable consumer brands and their external manufacturing and packaging services providers to deliver customized, traceable products to consumers, faster, under budget, and with minimal waste.
Since its founding in 2002, Nulogy has demonstrated a strong growth path while accumulating 25 patents granted and pending in jurisdictions around the world. The company’s agile customization platform is used on 5 continents, in 6 languages and reportedly processed $2.3 billion in order value in 2017. Along the way, Nulogy received several awards, including the Deloitte Technology Fast 500, Food Logistics 100-plus software and technology providers to the food and beverages industry, Gartner’s 2014 Cool Supply Chain Vendors, and the Great Place to Work: Best Workplaces Canada 2018 award.
Why Agile Customization Matters
The advent of shifting and more personalized consumer buying preferences and industry business process disruption brought about by the online buying revolution and changing customer preferences, requires greater levels of product innovation that often includes late-stage customization and postponement-based supply network fulfillment needs.
These needs require consumer brands to work with contract packagers, contract manufacturers, third-party logistics or other late stage packaging services firms in the overall customer fulfillment process, all of which must be synchronized in information flows and decision-making needs.
According to a 2018 CPA State of the Industry Report, contract packaging in the food and consumer products sectors are projected to reach nearly $18 billion in volume by 2020.
These changes impact key industry supply chains, including fast-moving consumer goods (FMCG), food, beverage, life sciences and hard goods. The company’s customer base supports and includes prominent brands within many consumer packaged goods (CPG) verticals that cover personal care, cosmetics, health and beauty, nutraceuticals, and food and beverage.
Nulogy’s value proposition is enabling the agile customization of products by fostering collaboration between brands and their external manufacturing and packaging providers.
The provider’s Agile Customization Platform provides a SaaS capability designed to provide workflow support for network-wide inventory availability planning and control, order management collaboration, production planning and monitoring, quality controls including track and trace, along with integration to existing ERP, WMS, or legacy systems. The platform further provides support for pricing and billing, financial and quality control reporting.
The shared platform allows brands and their outsourced supplier networks to foster mutual accountability and customer-centric partnerships tailored to late-stage customization. This enables brands to respond with ease and speed to the variable demands of retail and consumer markets, including product localization, seasonable promotions and specialized retail formats.
Joint Thought Leadership
The partnership will result in a forthcoming Ferrari Consulting and Research Group researched authored Industry Advisory thought leadership report that will be conducted in collaboration with Nulogy. Together, we will explore the increasing importance of incorporating and integrating agile-based supply network postponement and product packaging capabilities in CPG supply networks.
This Editor and recognized supply chain management technology industry analyst will be presenting the key highlights and takeaways of our research at a 2019 industry event, sponsored by Nulogy.
Stay tuned to The Supply Chain Matters blog in 2019 for the announcement of our upcoming research, featuring key industry and individual business takeaways.
Please join me in welcoming Nulogy Corporation as an added and welcomed addition to our Sustaining sponsors.
For more information on Nulogy and its platform, click on the Nulogy logo that is featured on our Sustaining Sponsors panel on the right-hand panel.
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