In the midst of a serious global economic crisis, in which China’s economy has markedly slowed, it may seem an odd time to offer an optimistic prediction...
Consumer packaged goods
The consumer products industry has undergone dramatic change in the last 12 months from the shift in consumer spending from branded products to private label to the shift in retailer preference.
One of our latest survey shows that one in five of the world’s largest consumer products companies recorded a loss in fiscal year 2008 and that half of the ten largest consumer products companies in the world experienced negative sales growth on the same period. CPG companies now need to understand where to play and how to win. Many CPG companies have no choice but to focus on the short term; specifically around costs, liquidity and even business survival, and the decisions being taken now will shape the future of the industry value chain for decades to come.
Our consumer packaged goods (CPG) practice offers a wealth of expertise drawn from teams of specialists who can provide multi-disciplinary solutions to the challenges facing companies in this sector, including;
- optimising your operations and customer / product portfolio
- controlling costs and improving working capital
- mitigating risks in the supply chain through supplier assurance or transfer pricing
- reducing IT operational costs and Total Cost of Ownership of ERP and CRM systems
- improving sales force execution and management of trade funds
- supporting CPG companies in their growth strategies (international M&A opportunities)
