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AT ONE GLANCE
IndustryKnowledge
Industry specific nuances matter in how your business processes should be designed. Sales scenarios, purchasing processes, payment processes. Selling Industrial equipment is not the same thing as selling a case of bath soaps.
There is unit economics. There is maturity of partnerships on buy side and sell side. Some industries offer ‘flexibility’ in choice of suppliers. Some do not. Some industries have business processes needing strict compliances. Some do not. Some industries need to procure way ahead of time. Some do not. Some Industries have 10’s of 1000’s of SKUs to manage (e.g. ink manufacturing) while some industries only need to manage handful of commodities (e.g. Wheat, Flour, Sugar, Packaging Materials.).
Lydian understands some of these industries well to make a discernible difference to the quality and usefulness of ERP and Supply Chain Management solutions in these industries.
Companies like Cargill, Syngenta, Olam, ADM constantly are constantly solving the conundrum of price vs availability and contracted procurement vs demand in the market. Because price is fluid. Often a direct function of availability.
CPG Supply Chain is more like a textbook perfect supply chain. You deal with variability in demand, variability in lead times, Supplier diversity, large # customers, large distribution networks.