Better decisions in the Food & Beverage industry
In the Fast-Moving Consumer Goods (FMCG) industry, agility and responsiveness is key to remaining competitive. FMCG companies face a constant battle with changing market preferences, pressure from competitors, and demands from retailers, creating the need to keep a close eye on operational costs and make strategic decisions promptly in order to stay ahead of the game.
Typically the end-to-end FMCG process flow is managed by a collection of disparate systems and processes, implemented over several years and potentially linked through the medium of data exports, or not linked at all. There are also likely to be numerous spreadsheets at the heart of analysis and planning activities, which require lengthy manual input, don’t always contain the detail required to fully understand your position, and risk being out-of-date before they’ve been completed.
BOARD’s unified Decision-Making Platform overcomes these data challenges by bringing together information from across the business in one user-friendly environment for analysis, simulation, planning, and predictive analytics in FMCG. BOARD’s drag-and-drop, code-free, Toolkit approach enables organizations to build custom Business Intelligence, Corporate Performance Management, and Advanced Analytics applications with ease to drive efficiency, save time and money, and make better business decisions.
Thanks to its flexibility and capabilities, BOARD has been chosen by several of the most prestigious European food and beverage companies to:
- Optimize sales and distribution strategy
- Plan sales cost and margins
- Monitor Channel/product/customer profitability
- Automate manual and excel-supported budget planning and forecasting processes
- Create company KPIs and dashboards
- Eliminate the disconnection between operations and planning
- Integrate in a single environment economic and financial analysis and forecast
By integrating Business Intelligence and Corporate Performance Management in a single product, BOARD provides a seamless solution for the support, control and management of core processes such as:
- Reporting & analysis
- Budgeting planning and forecasting
- ABC and profitability analysis
- Profitability Modeling & Optimization
- Simulation and What If Analysis
- Strategy Management
- Financial Consolidation