How do Consumer Goods Organizations Create
Trade Promotion
Excellence
Trade Promotion Excellence Challenges
Effective trade promotion management is one of the biggest challenges many manufacturers face. To be successful, TPM needs focus and an accurate understanding of the problems you are trying to solve. Are you simply trying to analyze your promotional performance and ROI? Understand the impact of promotions on your integrated business plan? Connect the dots between sales, demand planning, finance, and RGM? Or define your financial liabilities through accruals and settlements?
Tracking Promotional Performance and ROI
Many consumer goods companies spend more than 20 percent of their revenues on trade spend but struggle to know if their promotion activities are delivering the desired returns. To improve trade spend effectiveness, you need ask yourself:
- How can I increase visibility on all trade spend promotions?
- How do I ensure we are running the best promotions for our customers?
- Is there a way to track actual promotion costs to control overspend and optimize ROI?
Learn how Exceedra can help you measure your trade promotion effectiveness.
Improving Business Planning with Retail Partners
Effective trade promotions require careful planning and coordination between manufacturers and retail outlets. But many consumer goods companies don’t have a clear picture of whether their integrated planning is effective or not. To improve joint planning, you need answers to the right questions.
- How can I execute post-event analysis to gain sales performance insights?
- What are the right retailer metrics to improve promotion sales?
- What are best practices to track performance across comparable channels and store formats?
Learn how Exceedra can help you improve trade promotion performance with better integrated planning.
Achieving a One-Number Forecast
Effective trade spend requires input from numerous teams from sales and demand planning to finance and RGM. But forecasting can be a challenge if these teams are not effectively aligned and utilize disparate processes. To ensure forecasting accuracy, you need to ask yourself:
- How do I eliminate spreadsheet and disparate processes while improving forecasting accuracy?
- Is there an effective way to establish a single set of numbers for all departments to work from?
- Is it possible to map my top-down plan against my bottom-up plan?
Learn how Exceedra can help you align your teams for more accurate forecasting.
Allowing for the Right Financial Liabilities
Effective trade promotion management requires accurate alignment between invoices and deductions. Many manufacturers calculate financial liabilities with manual processes that are time consuming and vulnerable to human errors. To reduce overspend of retro activities, you need to ask yourself:
- How can I calculate accruals inside my trade solution and integrate them with my ERP?
- What is the best way to align customer invoices and deductions with specific promotional events?
- How do I use actual spend levels to better understand performance?
Learn how Exceedra can help you improve trade promotion performance with better integrated planning.
Learn How to Overcome Your Trade Promotion Management Challenges
At Exceedra, driving business value and solving business problems for consumer goods companies is our only priority.
Fill out the form below so we can demonstrate how our solutions will help solve your biggest challenges.
Latest News & Resources
Some of the companies already benefiting from our TPM/O Solutions
