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Home » Industry News » POI Pulse July 24, 2017

POI Pulse July 24, 2017

 

 

 

Registration is Open for Manufacturers and Retailers!

Unilever’s Marketing Savings ‘Bear Fruit’
Source: (Marketing Week July 20, 2017)

Its zero-based budgeting model has also been applied to its marketing division, which Unilever’s CFO Graeme Pitkethly says has looked to reduce waste while improving effectiveness. The company says it
anticipates accelerating growth in the second half of the year driven by new innovations and “a step-up in brand and marketing investment”.  Learn more

 

Walmart Helped Propel Online VMS Sales
Source: (DSN July 20, 2017)

Mass market (food/drug/mass/club/dollar) sales growth
doubled to 4% in 2017 due to pricing and volume growth. However, there have been no new types of VMS products that have exhibited sustained
growth, and channel shifts have moderated overall. Learn more

The 2nd Annual POI Retail Execution Summit in NY/NJ September 27-29 View the Preliminary agenda! 

Join Ainsworth Pet Nutrition, Mrs. T’s, Pfizer, Hunt
Brothers Pizza, Bayer Consumer, Starbucks, Mars, Premio Brands, Herr Foods, McKee Foods, ConAgra, Giant Eagle, Pfizer, Church & Dwight,
Cambell’s, Colgate-Palmolive, Conair, Sears, Kellogg, Mondelez, Coca-Cola, Hershey, Johnson & Johnson,  L’Oreal, Nestle, Dannon, Kimberly-Clark, PepsiCo, Sysco, RB, P&G, Pernod Ricard, Bimbo Bakeries, Goya, Mars, Ahold, Kraft Heinz,
Unilever, Energizer, Edgewell, Constellation Brands, Norseland, French’s, and others to learn and engage around critical in-store, Sales Force Automation, On Shelf Availability Strategies and Pricing Execution success cases, including: Manufacturers and Retailers can follow the links and register here

 

General Mills Laying Foundation for a Digital Future
Source: (FoodBizNews July 17, 2017)

Noting that the shopping experience at the “digital
shelf” is different from the traditional grocery aisle, Mr.
O’Grady offered some examples of how General Mills is approaching e-commerce and digital merchandising. Learn more

 

Enrollment for the Next Collaborative Marketing
Certification Class is Open
  

Candidates include Nestlé, Keurig Green Mountain, KVAT, Topco, Johnson & Johnson, and others.  Your next chance to becoming a Certified Collaborative Marketer (CCM) begins December 13-14, 2017 at Saint Joseph’s University in Philadelphia, PA. Learn more and enroll today 

 

Hostess Transforms for A New Generation
Of Social Snackers 
(Source: CMO.com July 17,
2017)

Helping to rejuvenate the company and its brands is Burke Raine, who joined Hostess as senior vice president and CMO in March 2016. The marketing veteran’s years at Diamond Foods, PepsiCo, and
General Motors have helped to shape the company’s marketing strategy, which relies heavily on social media and targeting Millennials. Raine discusses new campaigns, digital media, and, of course, Twinkies. Learn more

 

Coca-Cola Improves Field Force Execution

Source: (POI On Demand Webinar Access)

 

Learn how getting actionable results from retail
activities will produce meaningful insights and other indicators to serve shared shoppers and consumers. Access the recording

 

Campbell Soup Takes a Page from Amazon
Source: (Quartz.com July 24, 2017)

Campbell’s new warehouses will focus on e-commerce
entirely, focusing on ways to customize the way it packages its products for different channels, be it in a meal kit or an online grocery order. And it’s relying on Shakeel Farooque, who held a range of roles at
Amazon Learn more


Realizing Benefits from Trade Improvement: On Demand Webinar Source:
(POI, July 19, 2017)

ACH Food’s Transformation Trade Planning Journey on July 19, 2017 at 2pm will deliver actionable advice.  ACH Food has gone through a transformational program to reinvent business planning and trade management which included the implementation of an integrated business planning solution.Learn more, and view the recording here

 

How Brands Can Engineer Social Content

(Source: Knowledge @ Wharton July 18, 17)

In the world of social media advertising, the biggest win
for firms is when consumers are delighted by the content they see, want to engage with it and eventually buy something. Hosanagar recently joined Knowledge@ Wharton to discuss his findings. Learn more

 POI Perspective

POI Guest Column…

Enterprise Big Data on
a Shoestring

We live in a world where people are used to accessing and updating information in real time and with user
experiences that are fast and fluid.  The technology now exists to, economically, enable this kind of experience for enterprise systems like Integrated Business Planning (IBP) tools even where data volumes are huge.

 

Google serves over 3.5 billion searches per day with millisecond response times.  When a popular news site
posts an article it only takes seconds for Google to pick it up and serve it in search results.  Google’s domination in the search space is due in part to its instantaneous performance and in many ways the adoption of enterprise IBP tools is equally dependent on real time
performance.  It is likely that users would be delighted to move away from their spreadsheets if the corporate tools had similarly near
instantaneous response times.

 

The challenge is real: consider a simple CPG company with 500 products and 400 customers and on average 50,000 customer-product combinations.  For a weekly forecast horizon with
four years of history and two forecast, weekly snapshots and 15 income
statement levels in addition to volume, there are 250 million rows of data in the live forecast and 13 billion rows of snapshot data to update and query in near real time.

 

Tools have existed for a few years to help in this space like SAP Hana, however recently there has been a growth in the Big Data space that enables real time performance to be
deployed very economically.

A good example of this is MemSQL, a database created by a Silicon Valley start up that is sharded
(automatically split across multiple servers) and in-memory (like SAP
Hana).  MemSQL is already deployed by large Tier 1 companies like Kellogg’s, Uber and Pinterest.  Blueshift, an IBP solution provider
headquartered in Australia, has achieved 100-fold performance gains by
leveraging MemSQL in combination with Kafka which
is the technology developed and used by LinkedIn.

 

Whether it is making wide ranging promotional strategy changes, updating pricing or baseline information,
performing adjustments in SOP review meetings, or simply conducting basic scenario modelling users expect and even require real time performance.  The good news is that there are now solutions, such as Blueshifts ONE Solution, that deliver
which are both extremely economical and scalable to thousands of products and customers and beyond.

Learn more about the POI Retail Execution Summit here

 

Reach us with any needs, questions, or requests to further engage with POI at:

DHagemeyer@P-O-I.org

MKantor@P-O-I.org 

Have an exceptional week!  

Michael Kantor, CEO and Founder

Promotion Optimization Institute, LLC


   

POI Retail Execution Summit 2017

Learn from Coca-Cola, Herr Foods, Hunt Brothers Pizza, Plus Network with Over 150 Retailer, and CPG Peers – Register Today!

       

Sponsors of this week’s issue of POI Pulse


SAP Logo   Strategy and  Blueshift New 2017   


Spring Mobile   Salesforce


Sequoya     

 

 

 

Career Opportunities

If you have a relevant opportunity, list it in POI Pulse, reach us at info@p-o-i.org 

 

Strategic Revenue Management Manager

Pharmavite

The Manager of Strategic Revenue Management supports the strategic revenue
management function, which seeks to maximize profitable revenue for the
portfolio while ensuring competitiveness in the market place.  Helps
to develop and execute portfolio pricing and promotional strategy across
the portfolio/channels/customers.  Establish and develop long-term
relationships with both internal and external customers. Learn more

 

 

Digital Analytics Manager, Europe

The Digital Commerce team is responsible for driving and influencing every
online sale of our brands either directly through accounts such as
Amazon, or indirectly with our account teams in Grocery, RTM and On
Trade. Our purpose as an industry leading team is to embed Digital
Commerce into the DNA of the business, delivering accelerated growth by
being relevant to today’s digital shoppers in key moments. Learn more

 

POI CCM Banner

Enroll now!
Next Classes are on December 13 and 14, 2017

 

Upcoming
Events

POI Retail Execution Summit September 27-28 – Register Today

 

Realizing Benefits from Trade Improvement:
ACH Food’s Transformation Trade Planning Journey

Hosted by Promotion Optimization Institute

This business transformation has touched all areas of people, process and technology. Within the first year of going live, ACH has realized benefits in many areas. Register Complimentary Here

POI Fall Summit 2017 Westin Galleria, Dallas, TX – Save the Date

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