Ultriva CEO Laksham Benefits Inventory Velocity in Consumer Packaged Goods Environment
Living in a world of speed, immediate accessibility, and instant gratification, consumer packaged goods (CPG) manufacturers have to procure raw materials, build components, assemble finished goods and physically ship them across the world. Narayan Laksham, founder and CEO of Ultriva discussed the challenges of inventory velocity in CPG environments in the company’s blog. Laksham observed, “Challenged with shorter lead times and exploding finished goods SKUs, selling goods and procuring materials globally increase pressure to do more with less.”
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