A recent pair of articles in the November 2018 Popular Mechanics issued featured a pair of brothers. And while one of the brother is more well know that the other, both articles speak to the direction that the world is heading. Elon Musk, the tech giant who has captured the world’s interest with his electric cars and space program, is featured on the cover and gets the majority of the coverage. Elon’s brother, Kimbal, receives less coverage but his efforts are featured in the November issue as well.
In this story on the younger Musk brother, Popular Mechanics features a tale of Kimbal’s efforts to is change food production, one shipping container at a time. Kimbal believes that his efforts are starting to work. In one part of the article, Kimbal explains that some people are concerned about the generic production of a single tomato plant, but that he is concerned about the safe and efficient production and delivery on entire meals.
Catalog Management Software Helps Companies of All Size Organize and Distribute Their Online Inventory
Kimbal Musk is not the only one concerned about the future of consumer packaged goods (CPG). In fact, there is an entire industry built around the production and delivery of CPGs. Consider these facts and figures about the role that online orders play in the future economy of the nation:
- 66% of consumers indicate that they want to see at least three pictures of the product they are interested in while shopping online.
- As many as 81% of consumers indicate that they research products online before making a purchase.
- 47% of U.S. online consumers indicate that they rate high quality product images as the most influential factor when considering a product purchase from a specific brand.
- 1,000 U.S. consumers indicate that 36% of them grocery shopped online in the year 2018. This is a 22% increase from the percentage in 2017.
- 70% of e-commerce site users rank the ability to zoom in on product images among their top priorities for making product decisions.
- Valued at approximately $2 trillion, the consumer packaged goods industry is one of the largest in North America.
As more and more companies offer the majority of their products online, it will be increasingly important that catalog management software systems are in place. Accurate tracking of online inventory, which might be stored at various retail and warehouse spaces across the country, is essential if a company wants to succeed in today’s digital world. The best catalog management software packages enable this. From grocery images databases to product content management systems, there are a number of ways that online digital catalog software programs can help manage inventories of all size.