In this blog, we discuss cognitive computing and other technologies with a focus on supply chain management and innovation. Other topics of discussion include digital enterprise transformation, marketing, the Internet of Things, and smart cities. Our goal is to advance the public discussion about how cognitive computing and other advanced technologies affect the world in which we live.
Bradd C. Hayes is the active editor of this blog.
Consumers are not so dumb that they fail to see when they are getting less product for their money. It’s called “shrinkflation.” The Merriam-Webster Dictionary notes, “Shrinkflation is the practice of reducing
Nothing is more central to the consumer packaged goods (CPG) sector than supply and demand — and few things affect supply and demand like economic trends. During the pandemic, when going out
A strong consumer packaged goods (CPG) sector is essential for a healthy U.S. economy. Brad Cook and Steve Hewitt, partners at Wipfli, report, “Consumer spending accounts for nearly 70 percent of U.S.
Trying to paint a picture of the current consumer packaged goods (CPG) space would require an artist experienced in abstract impressionism. Looking at such a picture, viewers would be forced to ask,
Humans possess the remarkable ability to think about and plan for the future. In the case of climate change, however, humans have done a lot more thinking than planning. As a result,
Nestlé, the largest publicly held food company in the world, recently announced it was investing “40 million Swiss francs ($42.88 million) to launch a new production facility in western Ukraine.”[1] Olena Harmash,
There are growing worries about global food security. Earlier this year, UN Secretary-General António Guterres, stated, “This year’s food crisis is about lack of access. Next year’s could be about lack of
Back in the era of general stores, decisions about which products were available to consumers were primarily made by store owners. As retail journalist Daphne Howland (@daphnehowland) observes, “Once upon a time,
With inflation shredding consumers’ budgets, consumer packaged goods (CPG) manufacturers and retailers are feeling the impact. Food writer Simon Harvey (@SidflashHarvey) believes things are only going to get worse before they get
The digital world is changing how we interact with one another — both virtually and physically. It is also changing how consumer packaged goods (CPG) companies interact with their customers. One of
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