Addressing the business challenges of the Consumer Packaged Goods & Retail Industry
Finding profitable growth in the ‘age of experience’ is a big challenge facing CPG and Retail companies. We have identified several CPG and Retail business drivers that can be vital to long-term success and growth.
- Consumer behavior and preferences are shifting faster than ever and companies must react more quickly to deliver meaningful innovation on shorter timelines
- Investor pressure is mounting for companies to drive sustainable growth and increase profits with the same or fewer resources
- Expand and modify portfolios to support health and wellness trends and manage regulatory compliance efficiently.
- Demand for more personalized products is leading to an increase in SKUs. Managing production complexity to provide the right product at the right time is critical
- Consumer are dictating how and when they receive products forcing companies to use agile new models for product delivery