What is Consumer Packaged Goods (CPG) Software?
Consumer Packaged Goods (CPG) software is a technology that helps companies in the CPG manufacturing industry manage and streamline their business operations. This software is designed for companies that produce and distribute consumer packaged goods, such as food, beverages, personal care products, and household items. It includes inventory management, order processing, supply chain management, sales and marketing analytics, and more to help companies improve efficiency, reduce costs, and increase profitability.
Benefits
Consumer Packaged Goods (CPG) software is specifically designed to streamline and optimize various processes involved in the production, distribution, and management of consumer packaged goods. Here are some of the key benefits of using CPG software:
Improved efficiency – CPG software automates many manual tasks, such as inventory management, order processing, and production planning. This leads to increased efficiency and productivity, as it eliminates the need for time-consuming manual processes and reduces the risk of human error.
Enhanced visibility and control – The software offers immediate visibility into different facets of your business, encompassing inventory levels, sales data, and production schedules. This empowers you to make well-informed decisions, proactively optimize operations, and meet customer demands effectively.
Streamlined supply chain management – This software helps optimize the supply chain by enhancing collaboration and communication among suppliers, manufacturers, distributors, and retailers. It allows for the smooth integration of data and processes, reducing delays, errors, and costs related to supply chain management.
Accurate demand forecasting – CPG software utilizes advanced analytics and forecasting algorithms to predict consumer demand accurately, optimize inventory levels, reduce stockouts, minimize excess inventory, and ultimately achieve cost savings.
Compliance with regulatory requirements – Various laws, including labeling requirements, safety standards, and quality control, regulate the CPG industry. CPG software ensures compliance by automating documentation, tracking, and reporting procedures.
Enhanced product quality and safety – CPG software facilitates better quality control by implementing standardized processes and workflows. It helps track and monitor product quality at every stage of the production process, ensuring that only safe and high-quality products reach the market.
Improved customer satisfaction – This software improves customer satisfaction by optimizing processes, ensuring timely product delivery, meeting customer expectations, providing accurate information, and fostering customer loyalty and repeat business.
Key Features
Here are some key features to consider when evaluating CPG software options:
Inventory management
Order management
Sales analytics
Trade promotion management
Compliance and regulatory support
Product lifecycle management
Integration capabilities
Mobile accessibility
Choosing the Best Consumer Packaged Goods (CPG) Software
Selecting the optimal CPG software is vital for efficient inventory management and streamlined operations in your manufacturing business.
The following table concisely overviews container tracking software, highlighting free versions, pricing, and mobile app availability. This resource will assist you in identifying the most suitable option to meet your requirements.
Consumer Packaged Goods (CPG) Software | Free Version | Paid Plan | Mobile App |
SafetyCulture | Yes | $24/user/month* | Yes |
Fishbowl | None | $329/month | Yes |
Logiwa | None | Custom quote | Yes |
K9ERP | None | $119/user license (cloud-based), $299/user license (on-premise) | Yes |
Odoo | Yes | $7.25/user/month* | Yes |
Oracle NetSuite | None | Custom pricing | Yes |
LogiNext Mile | None | $0.1 pay per order* | Yes |
* billed annually
