The consumer packaged goods (CPG) industry is facing mounting supply chain challenges in today's global economy. Commodity price inflation, increasing transportation rates, inefficiencies in global supply networks, and continued competitive pressures mean that for most CPG companies the increase in sourcing and supply chain costs is outpacing revenue growth.

Fortunately, the CPG industry is a leader in the innovation and adoption of new sourcing and supply chain strategies and technologies. Having reached plateaus in savings with reverse auction tools and unable to source strategically with standard e-procurement platforms, CPG companies can reach the next level of cost savings and supply chain efficiency with CombineNet's advanced sourcing technologies.

CombineNet's customers are some of the leading CPG and durable goods companies in the world. General Mills, PepsiCo, Procter & Gamble, Smithfield Foods, to name a few, have embraced the concept of Expressive Commerce and CombineNet's Advanced Sourcing Application Platform to drive greater efficiency and innovation into their supply networks.

CombineNet has broad and deep experience in the sourcing of transportation, packaging, and raw materials for CPG companies. The vast number of line items, the detailed specifications and potential for substitutability, a large and varied supply base, and the volume of business rules and constraints to consider makes these categories particularly suited to the strengths of Expressive Commerce.

Contact us today to find out how CombineNet is helping CPG companies reduce their sourcing costs while achieving their goals for centralizing spend, assuring supply, and working more efficiently with their supply chain partners.