Unilever has initiated a five-year growth strategy with a significant restructuring of its supply chain management. They focused on global procurement, supply chain managers, the engagement of suppliers, and governance. As a result, the firm saved USD 14.24 billion from its efforts and became a perfect example of technology adoption in the consumer goods industry.
The global supply chain management market was estimated at USD 23.58 billion in 2023 and is anticipated to grow to USD 63.77 billion by 2032, with an impressive compound annual growth rate (CAGR) of 11.7%.
In this contemporary business environment, supply chain market products with short shelf life are experiencing unique challenges. Right from perishable goods to seasonal ones, productive handling of the supply chain for commodities with fewer lifespans is critical for reducing waste, product quality, and meeting customer needs.
This article will take you through the key strategies for Short Shelf Life Products.
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