Consumer Packaged Goods (CPG) suppliers and distributors are used to needing to sell high volumes of product on low margins to achieve profit targets. Today, chronic product shortages, rising prices, supply chain disruptions, and extreme volatility in consumer demand are making business even more challenging. To remain competitive, every deal needs to be structured correctly and executed perfectly.
Contract lifecycle management (CLM) technology is critical to addressing these challenges. AI-powered CLM empowers suppliers and distributors to structure deals and offer promotions, rebates, and incentives in ways that drive speed, compliance, and performance across the enterprise—pushing beyond contract management and into contract intelligence.