Consumer Packaged Goods Companies Discuss Benchmarking, Supply Chain Issues, Strategies for Driving Long-Term Success
September 11, 2012 (Dallas, TX) – Transplace, a leading provider of transportation management services and logistics technology, held its sixth annual CPG Summit with key consumer packaged goods (CPG) companies to discuss industry challenges and share innovative strategies and best practices for driving supply chain excellence. Hosted by Colgate-Palmolive Company at its Atlanta facility, representatives from Del Monte Foods, Clement Pappas, Diamond Foods and Clorox participated in the open forum covering key issues, including: collaboration, intermodal conversion, benchmarking and network optimization.
As in previous years, collaboration remained a key focus among the attendees. The discussion centered around successful collaborative programs and opportunities for them to work together by co-loading shipments or sharing capacity with dedicated fleets, as well as making operational improvements through joint lean six sigma projects.
“Colgate appreciated the opportunity to host Transplace's 6th annual CPG Summit,” said Brad Blizzard, director, logistics at Colgate-Palmolive Company. “The content around collaboration, co-loading and the market update was very helpful and insightful.”
There was also insightful discussion around the issue of truck capacity and how shippers can prepare for when capacity begins to tighten. Many of these forward-thinking shippers are looking to convert shipments from over-the-road to intermodal as a strategy to address capacity concerns, while achieving greater cost savings.
“Transplace continues to hold the CPG Summit and have attendees return year after year because the participating companies see the value in open discussion with like-minded companies,” said Mark McEntire, vice president, strategic account management at Transplace. “The CPG market continues to grow and become more competitive, and these leading companies benefit from sharing strategies and best practices for improving their supply chains in order to gain a competitive advantage. They’ve already taken advantage of the low hanging fruit within their transportation networks and are consistently looking for new, innovative ways to improve service and reduce cost.”
Benchmarking continues to be a topic of interest for many shippers as it assists with identifying gaps with a structured, analytical approach and encourages creative, innovation thinking. During the event, attendees discussed their company’s current strategic initiatives and how to leverage industry data to improve performance and drive greater cost savings.
Transplace is a non-asset, North America-based third party logistics (3PL) provider offering manufacturers, retailers, chemical and consumer packaged goods companies the optimal blend of logistics technology and transportation management services. From complete logistics management outsourcing to SaaS transportation management system (TMS) and supply chain network planning and design to high-quality brokerage services, Transplace has proven the ability to deliver both rapid return on investment and consistent value to customers. The company is recognized among the elite global 3PLs by a customer base that includes many of the largest shippers in the world. To learn more about Transplace, please visit www.transplace.com.