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Machine Learning in the
Consumer Goods Industry
anumak.com
he “Consumer Products” sector, which includes the world’s largest companies, contains products that everyone in the world con-
stantly uses in their daily lives, from foodstuffs to personal cleaning products, from cleaning products to detergents, so it is an
indispensable element of social and economic life.
To take the correct position in the market, respond quickly to market demands, and provide the best service to customers, the main
element of maintaining market share in this sector where competition is intense is keeping up with technological developments.
In the last ten years, there has been a transition from classical retail understanding (small tradesmen) to organized retail (supermarkets,
etc.). Organized retail companies are developing rapidly in the market and increasing their spread, especially in urban areas. On the
other hand, companies with a classical retail approach, which still provide a large part of employment and are generally local, have
difficulties inefficiency. Therefore, these companies need to start using more practical and modern methods to strengthen and continue
in the market.
At this point, every company in the consumer goods sector aims to carry out the supply chain of their products in the most effective
way. Therefore, it attaches importance to technological investments to ensure the supply and logistics of high–volume goods in a short
time. In particular, companies aiming to increase productivity benefit from technological developments and intelligent systems to
manage their supply chains better and ensure the applicability of these systems in business processes.
anumak.com
Another transformation area that many international companies in the consumer goods sector pay attention to is the ability to think
globally and act locally. Therefore, companies must consider consumers’ purchasing behaviors, habits, and sensitivities in the local
market while launching their new products, positioning their brands, and determining their marketing strategies. At this point, digital
transformation opportunities come into play.
In this direction, companies get support from digital platforms to understand what attracts the attention and attention of customers.
These platforms act as a bridge between customers and companies to reach the customer creatively while planning actions for data
from operations. As a result, the competition in the sector is also reflected in the digital world. One of the digital transformation technol-
ogies they encountered while taking their first step into this digital world is machine learning.
1. It has many product ranges
2. Includes worldwide known marks
3. Easily available, home–to–consumer products needed every day, etc.
In this way, this sector, which has started to keep up with the transformation,
benefits itself in many areas. Moreover, it continues to make good profits even
during any economic recession. In this way, they rise to the leading position
and have the chance to save costs.
Accordingly, this sector makes dynamic and diverse areas enjoyable and
possible for every customer. Now, the industry, which will accelerate this speed
with digital transformation such as machine learning, is on its way to becoming
a pioneer.
So why is the Consumer Goods Industry in an Important Position?
With the infrastructure to be provided by machine learning, experts in the
global network of consumer products and retail service companies in the food
and beverage, agricultural products, consumer goods, luxury goods, tobacco,
and retail sectors, while our customers around the world, thanks to this interna-
tional and sector–oriented professional network, Regardless of company size
or location, global industry insights, leading practices, and the latest innova-
tive solutions will be accessed, and the bridge between customer and supply
chain will become faster and more accessible. In this way, time will be saved,
and intermediaries will be eliminated. In this case, it will mean that we can get
the goods cheaper.
This sector, which includes most of the things we buy from the supermarket, has
a volume of billions of dollars. In this respect, this consumer goods sector,
which offers high–demand products to consumers, aims to promise its custom-
ers a relationship that includes continuity, trust, and loyalty. While retaining
existing customers, they should continue their campaigns to add new ones with
advice and suggestions. In this respect, they should keep up with digital trans-
formation and pioneer new developments that will open the door to the world
of conveniences such as machine learning.
anumak.com
ANUMAK & COMPANY
aNumak & Company is a global management consulting firm, an India private
company limited by warranty. It is a company with expertise in creating scalable
business models for different industry verticals. The Company strives to provide
solutions through consulting, digital transformation, and innovative products that
solve modern business problems. Offering on–site and offshore support and
unique strategies, aNumak & Company transforms traditional business models
into high–performance, dynamic, and distinctive business enterprises. It brings
insights from core domain experts to deliver the best possible solutions to drive
growth. aNumak & Company and each of its member firms are legally separate
and independent entities. For more detailed information about aNumak & Com-
pany and its member companies, please visit https://www.anumak.com/.
This material was prepared by aNumak & Company. This material (including
any information it contains) is intended to provide general information on a
particular topic(s). This material may contain information obtained from publicly
available information or other third–party sources. aNumak & Company does
not independently verify such sources and is not responsible for any loss result-
ing from reliance on information obtained from such sources. aNumak & Com-
pany does not provide any investment, legal, or other professional advice or
services through this material. You should seek specific advice from the relevant
specialist(s) for such services. This material or information is not intended to be
considered the sole basis for any decision that could affect you, your business,
or the operations of the company. Before making any decision or taking any
action that could affect your finances or business, you should consult a profes-
sional.
No institution at aNumak & Company can be held responsible for any loss
suffered by any person or institution due to access to, use, or reliance on this
material. By using this material or any information it contains, the user accepts
the entirety of this notice and the terms of use.
©2020 aNumak & Company
anumak.com
CONTACTS
Author: Tuğçe ARSLAN
arslan@anumak.in
Amith Kumar
Chief Executive Officer, aNumak & Company
amith@anumak.in
Neha Anush
Chief Operating Officer, aNumak & Company
neha.anush@anumak.in
Cesibel Rodriguez
Chief Branding Officer, aNumak & Company
cesi@anumak.in
Ricky Devaya
Chief Human Resource Officer – India, aNumak & Company
ricky@anumak.in
Vilas Khole
Chief Delivery Officer – India, aNumak & Company
vilas@anumak.in
Iván Muñiz Rothgiesser
Sales Director, aNumak & Company
ivan@anumak.in
aNumak & Company
marketing@anumak.com – Pr@anumak.com
anumak.com
CONTRIBUTORS
Karthik Reddy
Client Partner – UAE, aNumak & Company
karthik@anumak.in
Gino Mori Valenzuela
Client Partner – Retail, aNumak & Company
gino@anumak.in
Diana Marcela Rios
Client Partner – Retail, aNumak & Company
diana@anumak.in
Víctor Freundt
Client Partner – Education, aNumak & Company
victor@anumak.in

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Machine Learning In The Consumer Goods Industry

  • 1. Machine Learning in the Consumer Goods Industry
  • 2. anumak.com he “Consumer Products” sector, which includes the world’s largest companies, contains products that everyone in the world con- stantly uses in their daily lives, from foodstuffs to personal cleaning products, from cleaning products to detergents, so it is an indispensable element of social and economic life. To take the correct position in the market, respond quickly to market demands, and provide the best service to customers, the main element of maintaining market share in this sector where competition is intense is keeping up with technological developments. In the last ten years, there has been a transition from classical retail understanding (small tradesmen) to organized retail (supermarkets, etc.). Organized retail companies are developing rapidly in the market and increasing their spread, especially in urban areas. On the other hand, companies with a classical retail approach, which still provide a large part of employment and are generally local, have difficulties inefficiency. Therefore, these companies need to start using more practical and modern methods to strengthen and continue in the market. At this point, every company in the consumer goods sector aims to carry out the supply chain of their products in the most effective way. Therefore, it attaches importance to technological investments to ensure the supply and logistics of high–volume goods in a short time. In particular, companies aiming to increase productivity benefit from technological developments and intelligent systems to manage their supply chains better and ensure the applicability of these systems in business processes.
  • 3. anumak.com Another transformation area that many international companies in the consumer goods sector pay attention to is the ability to think globally and act locally. Therefore, companies must consider consumers’ purchasing behaviors, habits, and sensitivities in the local market while launching their new products, positioning their brands, and determining their marketing strategies. At this point, digital transformation opportunities come into play. In this direction, companies get support from digital platforms to understand what attracts the attention and attention of customers. These platforms act as a bridge between customers and companies to reach the customer creatively while planning actions for data from operations. As a result, the competition in the sector is also reflected in the digital world. One of the digital transformation technol- ogies they encountered while taking their first step into this digital world is machine learning.
  • 4. 1. It has many product ranges 2. Includes worldwide known marks 3. Easily available, home–to–consumer products needed every day, etc. In this way, this sector, which has started to keep up with the transformation, benefits itself in many areas. Moreover, it continues to make good profits even during any economic recession. In this way, they rise to the leading position and have the chance to save costs. Accordingly, this sector makes dynamic and diverse areas enjoyable and possible for every customer. Now, the industry, which will accelerate this speed with digital transformation such as machine learning, is on its way to becoming a pioneer. So why is the Consumer Goods Industry in an Important Position? With the infrastructure to be provided by machine learning, experts in the global network of consumer products and retail service companies in the food and beverage, agricultural products, consumer goods, luxury goods, tobacco, and retail sectors, while our customers around the world, thanks to this interna- tional and sector–oriented professional network, Regardless of company size or location, global industry insights, leading practices, and the latest innova- tive solutions will be accessed, and the bridge between customer and supply chain will become faster and more accessible. In this way, time will be saved, and intermediaries will be eliminated. In this case, it will mean that we can get the goods cheaper. This sector, which includes most of the things we buy from the supermarket, has a volume of billions of dollars. In this respect, this consumer goods sector, which offers high–demand products to consumers, aims to promise its custom- ers a relationship that includes continuity, trust, and loyalty. While retaining existing customers, they should continue their campaigns to add new ones with advice and suggestions. In this respect, they should keep up with digital trans- formation and pioneer new developments that will open the door to the world of conveniences such as machine learning. anumak.com
  • 5. ANUMAK & COMPANY aNumak & Company is a global management consulting firm, an India private company limited by warranty. It is a company with expertise in creating scalable business models for different industry verticals. The Company strives to provide solutions through consulting, digital transformation, and innovative products that solve modern business problems. Offering on–site and offshore support and unique strategies, aNumak & Company transforms traditional business models into high–performance, dynamic, and distinctive business enterprises. It brings insights from core domain experts to deliver the best possible solutions to drive growth. aNumak & Company and each of its member firms are legally separate and independent entities. For more detailed information about aNumak & Com- pany and its member companies, please visit https://www.anumak.com/. This material was prepared by aNumak & Company. This material (including any information it contains) is intended to provide general information on a particular topic(s). This material may contain information obtained from publicly available information or other third–party sources. aNumak & Company does not independently verify such sources and is not responsible for any loss result- ing from reliance on information obtained from such sources. aNumak & Com- pany does not provide any investment, legal, or other professional advice or services through this material. You should seek specific advice from the relevant specialist(s) for such services. This material or information is not intended to be considered the sole basis for any decision that could affect you, your business, or the operations of the company. Before making any decision or taking any action that could affect your finances or business, you should consult a profes- sional. No institution at aNumak & Company can be held responsible for any loss suffered by any person or institution due to access to, use, or reliance on this material. By using this material or any information it contains, the user accepts the entirety of this notice and the terms of use. ©2020 aNumak & Company anumak.com
  • 6. CONTACTS Author: Tuğçe ARSLAN arslan@anumak.in Amith Kumar Chief Executive Officer, aNumak & Company amith@anumak.in Neha Anush Chief Operating Officer, aNumak & Company neha.anush@anumak.in Cesibel Rodriguez Chief Branding Officer, aNumak & Company cesi@anumak.in Ricky Devaya Chief Human Resource Officer – India, aNumak & Company ricky@anumak.in Vilas Khole Chief Delivery Officer – India, aNumak & Company vilas@anumak.in Iván Muñiz Rothgiesser Sales Director, aNumak & Company ivan@anumak.in aNumak & Company marketing@anumak.com – Pr@anumak.com anumak.com CONTRIBUTORS Karthik Reddy Client Partner – UAE, aNumak & Company karthik@anumak.in Gino Mori Valenzuela Client Partner – Retail, aNumak & Company gino@anumak.in Diana Marcela Rios Client Partner – Retail, aNumak & Company diana@anumak.in Víctor Freundt Client Partner – Education, aNumak & Company victor@anumak.in