Winning at the Shelf With Instant Field Intelligence

To survive and prosper today, Consumer Productsinformation that was previously unavailable.
manufactures and suppliers must be ready to winTop executives increasingly favor this field
when it matters - in that first moment of truth whenempowerment-and recognize the resulting 'Instant
a shopper enters a store or stands at the shelfField Intelligence' as pivotal to their success. Instant
ready to make a purchase. Success in this briefField Intelligence (IFI) refers to the harvesting and
moment, repeated hundreds and thousands of timestransmission back to head office of real-world data
every day, rests on having the right product, in thefrom the field.
right place, with the right price or the right promotion,IFI adds a vivid new layer of intelligence that helps
at the right time.explain data gathered from traditional sources, (e.g.
For Consumer Products companies that get it right,scan and transactional data). Because information is
the final link closes between the supply and demand'real' (i.e. based on direct observation), is available
chains, delivering the value promised byimmediately, and can be routed to managers across
manufacturing and logistics optimization, trade spendthe business, it allows for quick remedial action in the
programs, and brand marketing campaigns. Forshort-term and better longer-term planning.
companies that get it right consistently, the rewardsFor example, it helps companies:
stretch out into the future. They include reinforced- quickly remedy out-of-stocks during promotional
brand loyalty from satisfied customers, strongercycles
relationships with retailers, and less risk of being- match product supply to precise local demand
overtaken by the competition.- investigate causal factors for atypical new product
Technology advances come and go. But once in ametrics
while, new tools and smart thinking converge at- respond rapidly to high-priority service requests
exactly the right time, transforming how we doIt also answers vexing questions:
things in a way that makes progress very difficult to- Is a retailer complying with promotion POS display?
ignore. The convergence of mobile sales force- Does the category planogram have holes?
automation software, handheld devices, and wireless- Are items incorrectly priced?
technologies are changing the way Consumer- Did a delivery go astray, or are goods in the
Products (CP) companies manage their retailbackroom? Are they damaged?
execution operations.- Is a store manager in-step with a chain HQ
Mobile sales force automation solutions for retaildirective?
execution are now in use every day, supporting- Is freshness an issue?
winning field forces around the world.IFI is everything brand managers did not know
Forward-thinking companies, large and small, arebefore - it is the direct link between in-store
quickly seizing this opportunity. Beyond the obviousconditions and actual brand outcomes in specific
gains in efficiency (and reductions in cost), theystores and sets the stage for brand superiority at
recognize that these new solutions give them thethe shelf.
ability to harvest rich information from the field -