Consumer Goods
Fast Moving Consumer Goods companies are facing a new generation of challenges.
After years of focusing on costs, the development of new forms of customer interaction and the acceleration of emerging markets offer new pockets of growth:
Expansion of product lines in high-growth countries
“Route to market” in emerging countries
Use of new channels to accelerate growth and enhance affinity with the brands
Despite fierce price competition, driven by the development of wider private label ranges by retailers and an increased focus on low prices, companies are still required to maintain the same level of operations and close attention to cost structures:
Stay focused on the core business
Restructure production capabilities
Secure and effectively manage supply chain
To gain and maintain market leadership, major FMCG companies must:
Develop strategies for entry into high-growth countries
Explore opportunities for new products and optimise the brand portfolio
Redesign process innovations
Optimise marketing effectiveness, commercial animation and digital channels
Demonstrate operational excellence (sales force, supply chain, industry)