The adoption of artificial intelligence and the internet of things in B2B e-commerce trading, creative approaches to effectively trade food and beverage products, and increased export and import
While prices of palm oil have eased and sugar is stable, FMCG firms pointed out that rates of some other major items including wheat are still firm and hence they would wait and watch before taking any call on reducing the price.
Sales of winter products from companies like Dabur, Emami and Marico have registered a boom. The initial demand for the products and positive trends buoyed companies manufacturing Fast Moving Consumer Goods (FMCG) products.
Digitisation can play a considerable role by formalising and making more efficient product flows to reduce stock-outs and make routes-to-market more accessible across the value chain.