F4SS VALUE PROPOSITION
F4SS is an organization that strives to deliver value to its members. In fact, organization priorities and leadership benchmark activities as to the value delivered to members. An organization like F4SS cannot deliver change to an industry like Consumer Packaged Goods in the immediate term. However, we are clearly on track to deliver long- term value by significantly improving industry business process.
1) Investment:
Time Invested:
*Semi-annual meeting (2 to 3 days) *Initiative team conference calls (a few hours monthly for participants) *Initiative team meetings semi-annually (average 2 days)
Financial Investment:
*Annual dues (based on the schedule) *Funds are used to support following activities:
Organization infrastructure including Executive Director Anti-trust and legal fees Annual event organization & coordination Coordination of Initiative Teams Initiative Team semi-annual meetings Research studies Website
Human Resources:
* Member companies assign subject matter experts to support those Initiative Teams of interest to the member.
2) Returns:
- Increased efficiency from streamlined practices with your customers/suppliers.
- Input to selection of inefficient business & operation processes requiring standardization efforts.
- Exposure to industry best practices & business changes.
- Develop business network with key CPG branded marketers & suppliers to develop an "open-source" approach within the industry.
- Contribute to the formation of the recommended industry platform for the future.
- Participate in the determination of Research focus.
- Early adopter benefits from employing research findings as well as newly established/emerging standards.
- Exposure to educational events to keep current on industry issues and expand organizational competencies.
- Company specific processes will be included in benchmarking studies.
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