Consumer Packaged Goods
The Consumer packaged goods market is sometimes referred to as “FMCG” or “Fast Moving Consumer Goods.” In this industry, sound supply chain and inventory management practices are absolutely essential to ensure stock availability and control carrying costs. Enlisting the services of a 3PL provider can provide enhanced warehousing and logistics support, while also offering the flexibility to ramp up inventory during seasonal peaks and decrease levels during slower periods.
Nexus’ history in the retail market goes back to its beginning in 1980. First accounts included cosmetics, hair care product and retail clothing. Nexus designed and implemented some of the first inventory and automated billing programs for mainstream U.S. clothing retailers.
Today, Nexus assists manufacturers, retailers and distributors in meeting the standardized requirements of big-box retailers (such as Wal-Mart, for example). Nexus is fully compliant with UCC labeling and pallet identification guidelines, as well as the EDI communication stipulations imposed by major retailers. Nexus also specializes in the labeling and re-packaging of product shipped from overseas to meet the vendor standardized requirements enforced by many U.S. companies.
Nexus manages distribution programs for a diverse group of major Consumer Goods retailers and distributors. Product lines managed include consumer electronics, books, catalogue gift items, framed prints, and fitness equipment. Nexus is able to respond to the specialized requirements that most all Consumer Goods programs share in common:
High Product Turns
Consumer Goods programs are characterized by high product turns; among the programs that Nexus manages, in some instances as much as 90% of the product received ships out the very same day.
Labor Intensive Order Picking and Packaging
Many consumer packaged goods programs also involve intensive order picking; approximately 75% of the value-added services Nexus provides to these industries involves the picking of inner cartons or pieces.
Inventory Management Precision
Thousands of associated vendors and SKUS change constantly as customers adjust inventory to meet customer demands. For example, one Consumer Goods program that Nexus manages requires the physical handling of 64 million units per year. Another requires seamless inventory management and pick/pack services for over 10.5 million books in three regions.
Categories serviced include:
- Household Products
- Health & Beauty
- Dry Storage, Food and Grocery
- Retail Clothing
- Promotional Items/Retail Displays
- Pet Supplies
For more information regarding Nexus services for the consumer packaged goods and retail clothing industries, please complete our data request form or contact us at 800-536-5220.