Case History
The industry faces daily challenges such as changing consumer preferences, competition, supply chain disruptions, rising costs, regulations, and technology’s impact. Adapting to these challenges is necessary for companies to remain competitive and succeed.
The Fast-Moving Consumer Goods (FMCG) sector is constantly evolving, spurred on by dynamic changes in consumer behavior and technological advancements. As an experienced business consultant, I am privy to the key industry trends and challenges that companies have to face in order to remain competitive in this fast-paced industry.
One of the biggest trends that the FMCG sector has seen in recent years is the rise of e-commerce. In the wake of the COVID-19 pandemic, consumers have gotten used to ordering their groceries and daily essentials online. This trend is expected to continue even after the pandemic has subsided, with e-commerce expected to account for an increasingly large share of overall sales.
Another important trend in the FMCG sector is the growing interest in healthy and sustainable products. Consumers today are more health-conscious than ever before, and they are looking for products that are all-natural and good for the environment. Companies that are able to deliver on these expectations are likely to see a significant boost in sales and customer loyalty.
Of course, with these trends also come challenges. Companies need to be able to keep pace with changing consumer demands while also balancing cost-efficiency and profitability. Achieving this requires a deep understanding of the market, as well as experience and expertise in areas such as supply chain management, logistics, and product innovation.
At Stratega Consulting, we have worked alongside several companies in the FMCG sector to solve these challenges and achieve industry-leading performance improvement and ROI. We understand that each business is unique, and we customize each project to meet the specific needs and goals of our clients. We have a proven track record of helping our clients navigate the fast-paced and ever-changing FMCG landscape, and we are committed to helping them stay ahead of the curve in this exciting and dynamic industry.
Stratega took part in the consultancy activities for a French newsprint paper manufacturer facing increased demand and operational uncertainties leading to potential losses and inefficiencies. Within a tight timeframe of less than a week, Stratega identified four key areas for improvement. As a result, the printing house achieved a remarkable 20% reduction in operational costs through improved efficiency and supply management.
This article discusses strategies to reduce manufacturing costs, including process optimization, efficiency improvement, and materials and services research.
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