Industry Insights

CP business challenges on display in Instanbul

Recently I had the good fortune to work a bit in Istanbul, Turkey.  While there a really nice fellow name Ihsan guided a few of us on an impromptu market visit of local grocery shops and supermarkets.  Formats include hard discounters, neighborhood shops, regional chains, national chains and an international player’s hypermarket.  At the small end shops were maybe 2,000 ft2 with some hundreds of SKUs, while the high end were larger by an order of magnitude or more.

All of us left money in the local economy picking up snacks and sweets for souvenirs.  We saw many familiar brands and many new ones which clamored for attention from the shelves.  What was also apparent, if less obvious at first glance were the critical processes that CP companies face.  Trade promotions, private label, out-of-stocks, and shelf space management were all visible.  And while we didn’t see them at the shop level, I knew that distribution channel management, cross-border expansion, and building direct consumer interactions were all hot items.

Sometimes it seems like the more things change the more things stay the same.  Despite economic, political, and technological changes galore, what we saw have been critical industry issues for many years, and there is no indication that they won’t be for many more.

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Build your own wonder

Wonder-ing out of the uncanny valley The “uncanny valley” is a phrase used to describe machines or systems that at the same time appear close to human, but elect a sense of revulsion rather than wonder.  Creepy is another word that gets used.  It is an old idea (first used by a Japanese roboticist working […]

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More wonders

In my last post (“A time of wonders“) I finished on the idea that “machines like HAL or Her are referred to as super-intelligent or as strong artificial intelligence…and that most experts agree that we are probably 60 years away from being able to create systems like that, but there are many wonders available to […]

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A time of wonders

Wonders indeed.  Last year a man’s life was saved in Missouri when his Tesla car drove him to hospital on autopilot. It seems that every day we read headlines like that one: you could call it a time of wonders, and all of them seem to be the result of artificial intelligence or AI. It […]

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