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The SAP treasury solution has hastened the daily cash processing, freeing the staff time for analysis. The changing global scenario and business demands lead to the adoption of newer technologies to make sense of data and automate business processes.
Further, with the relaxing of FDI norms in the country, India has become an attractive investment destination for foreign FMCG companies due to easy availability of raw materials and cheap labor.
Further, the Indian FMCG industry enjoys cost advantage due to cheap raw materials, low labor costs, and low transaction costs across the entire value chain. The two big advantages over which the SAP treasury was chosen were portability and integration.
Human Beings as customers will never stop bathing, brushing their teeth, creaming themselves, thus the effect of recession was the least on this sector.
Management Information Systems are needed to provide a competitive advantage, operational excellence, to survive and improve customer intimacy.
FMCG industry players, selling branded products in the country, have to incur heavy advertising, marketing, packaging, and distributing expenses. All this information enhances the cash manager to focus more on analysis rather than transactions.
In combination of the liquidity forecast of the cash inflows and the outflows. Rate of Return RORalso known as return on investment ROIrate of profit or sometimes just return, is the ratio of money gained or lost whether realized or unrealized on an investment relative to the amount of money invested.
The growth of the FMCG sector in the country is driven by both the urban and the rural markets. The sectors revenue never dip drastically when ther is rise or contraction of income, nor the sales rise drastically when the prices falls.
The FMCG industry enjoys a well established distribution network that is spread across six million retail outlets including two million outlets in towns and four million outlets invillages of the country.
Some examples of the FMCG goods include toilet soaps, detergents, shampoos, toothpaste, shaving products, shoe polish, packaged food, household accessories, and certain low frill electronic items.
This reduces their operating margins. The employees are now more efficient in their roles as Finance Officers as they no more have to do the tedious job of data entry but rather make informed analysis and decisions. To achieve the vision of establishing a global treasury information system, portablility was required.
To compress the month-end close, SAP Treasury approved treasury personnel to execute more value- added tasks in the corporation. About this resource This Business essay was submitted to us by a student in order to help you with your studies.
The FMCG goods include all consumables except groceries and pulses bought by people frequently. Further, the FMCG industry of the country contributes to approximately 2.
India is one of the largest economies in the world with respect to purchasing power, increasing consumer spending, and a population of over a billion, only next to China. Linking of the SAP Treasury System with the Reuters provides them with up to date information on Commodity prices which can help the Colgate Palmolive Company to hedge in times of volatility in the prices of raw material to be used as ingredients in the product segment.
Essay UK - http: FMCG sector is recession proof. The products in the market are updated very fast due to high competition.
SAP treasury strongly integrates between cash management and treasury management. The main products of these type of companies are: The quality of information has enhanced drastically with daily posting and reconciliation.
The Real winners have been those companies who have synergized their business with Information Systems and supplemented their market share by taking advantage of the volatile situation in those times.This free Business essay on Essay: FMCG (Fast Moving Consumer Goods) is perfect for Business students to use as an example.
The Fast Moving Consumer Goods Information Technology Essay. Print Reference Disclaimer: This essay has been submitted by a student. This is not an example of the work written by our professional essay writers.
You can view samples of our professional distribution and marketing of consumer packaged goods. The Fast Moving. The fast-moving consumer goods (FMCG) sector is an important contributor to India's GDP. It is the fourth largest sector of the Indian economy.
Report for The proposal of Fast Moving Consuming Goods Essay by DorineFoo, College, Undergraduate, C+, March download word file, 7 pages download word file, 7 pages 0 votes. Home — All Essay Examples — Uncategorized — The World Of Fast Moving Consumer Goods Essay Example Pdf.
The World Of Fast Moving Consumer Goods Essay Example Pdf. Category The products in the market are updated very fast due to high competition. which resulted as time consuming and cumbersome and it prolonged their month.
Fast Moving Consumer Goods is a classification that refers to a wide range of frequently purchased consumer products including: toiletries, soaps, cosmetics, teeth cleaning products, shaving products, detergents, other non-durables such as glassware, bulbs, batteries, paper products and plastic goods, such as buckets.Download