retail and CPG
The Retail and Consumer-packaged goods industry is experiencing an increasingly challenging environment. The global economic conditions require that these companies become more agile, adaptable and technology/fact based driven. Increasing productivity, efficiency of the supply chain, accurate forecasting, demand planning and inventory management are absolutely necessary for these companies to survive and prosper. Working capital optimization and a stronger F&A (financial and accounting) function is fundamental to support operations and growth.
Competitive advantage in the industry will be largely driven by increases in productivity and removal of costs from operations while embracing high levels of customer service.
From RFID, to inventory/category management, forecasting and demand planning, strategic sourcing, collaborative technologies and others; technology and innovation are an important and essential element of competitive advantage.
Finally, understanding consumer trends, purchasing power locally and globally and being able to develop and maintain a feedback mechanism with consumers is a key strategic ingredient for companies in this industry.
Representative Services provided in the industry