The effects of the downturn on the food and beverage industry
At first glance, companies in the food and beverage industry seem to be immune to the current economic downturn. Food and beverage are and will continue to be primary necessities of life. Nevertheless, consumer spend patterns are dropping due to declining consumer confidence in the economy. Shifts towards cheaper products and substitutes are now a fact. Some big retail corporations have already reported declining revenues, which consequently have an effect on the entire value chain. On top of this, credit lines are also under pressure.
The root causes can be identified fairly quickly, but creative solutions to thrive through this economic downturn are more of a challenge and require more knowledge and expertise.
How can your company use the economic downturn, gaining competitive advantages and eventually increase market share? Which strategies and tactics can help to overcome an economic storm?
Deloitte is the ideal partner to help you navigate the downturn. Our industry expertise will be bundled to support you with an integrated approach to gain quick insight and to help you develop and execute a focused plan. Our integrated offering focuses on optimising your business portfolio, controlling costs, mitigating risks, optimising tax and improving cash flow and funding.
- We provide you with a complete analysis that assesses improvement opportunities within 2 to 4 weeks
- We are a one-stop trusted partner that has all the expertise you need: one team, many perspectives funneled to one vision, one complete overview
- We have the power to implement what we advise
If you would like to explore how Deloitte can help you navigate the downturn, please contact:
Mobile: +31 (0)6 20 25 20 88
Assistant: +31 20 582 53 13
Stefan de Kruijf
Mobile: +31 (0)6 12 01 14 59
Assistant: +31 20 454 70 20
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