FMCG
The global FMCG market is projected to reach $15.3 trillion by 2025, growing at a CAGR of 5.4%. Consumer spending on food alone is expected to exceed $8.85 trillion. Major FMCGs like Nestlé, PepsiCo, and Unilever dominate the market. The FMCG sector encompasses a wide range of products including food, beverages, personal care, and household items, with significant contributions to economies worldwide.
Issues
Complex Supply Chains
FMCG companies often manage extensive networks of suppliers and distributors. The intricate nature of these networks can lead to inefficiencies and increased operational risks.
Cash Flow Management
Ensuring timely payments and financial transparency is crucial, as delays can disrupt the entire supply chain.
Regulatory Compliance
The FMCG industry faces has to comply with many regulations, including ESG (Environmental, Social, and Governance) criteria. Complying with these regulations requires accurate reporting and sustainable practices.
Operational Risks
Ensuring the viability of distributors is critical to minimize risks and maintain smooth operations.
Cost of Production
Rising production costs, driven by increased raw material prices, are a constant challenge.
TASConnect Features and Advantages
Enhanced Cash Flow Management
TASConnect facilitates orchestration of working capital finance transactions.
Supply Chain Financing
Solutions like pre-shipment financing and dynamic discounting help manage cash flow and ensure liquidity throughoput the supply chain.
ESG Compliance
TASConnect provides connectivity with ESG reporting providers and offers ESG-linked finance solutions to support sustainable practices.
Risk Management
The TASCSense early warning system helps detect potential risks with distributors, allowing companies to take proactive measures.
Integrated Digital Platform
TASConnect’s platform centralises financial operations, making it easier to manage and optimize the entire value chain efficiently.
