Fast-moving consumer goods (FMCG) or consumer packaged goods (CPG) are products that are sold quickly and at relatively low price. Examples include non-durable goods such as soft drinks, toiletries, over-the-counter drugs, foods and meats and many other consumables.
Fast-moving consumer electronics are typically low-priced generic or easily substitutable consumer electronics, including mobile phones, MP3 players, game players, earphones, headphones, OTG cables, and digital disposable cameras.
Following are major achievement from the RunMax
Can maintain and control the frequent purchase to fulfill the minimum stock
Low involvement (little or no effort ) to choose the item
Minimize inventory shelf life
Get accurate daily consumption of inventory
Can maintain high volume of inventory.
Extensive distribution network can be controlled
Addressing cost effective inventory requirement planning