Industry Insights - Consumer Products & Retail

October 2021

Welcome to the October edition of Industry Insights for Consumer Products and Retail.

On a monthly basis we dive in to the latest trends and topics. Our team has curated industry news, insights and resources to help you and your team keep forging ahead in 2021.

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Upcoming Webinar: ESG and Emerging Technology Considerations in the Retail and Consumer Products Industry

Join us on October 27 at 1p.m. ET for the next webinar in our ESG series. The ever-growing demands and expectations from consumers have forced companies to rethink sustainability for changing times. No matter where you are in your ESG journey, we will preview how emerging technology, such as the Internet of Things (IoT), can help strengthen your ESG practices and reporting to create value and achieve your sustainability goals.

The ESG Reporting Endgame: Lessons From Human Capital Reporting

(Source: Forbes)

The Importance of Supply Chain Resilience — and How to Achieve It

(Source: Chain Store Age)

29M US Consumers Used BNPL in the Past 12 Months

(Source: PYMTS.com)

The Consumer Panel is Dead: How AI is Leading the Future of CPG

(Source: Retail TouchPoints)

2021 Global Finance Trends Survey

The results of Protiviti’s latest Global Finance Trends Survey reveal that CFOs and finance leaders worldwide are addressing an expanding set of responsibilities beyond traditional finance and accounting. Financial reporting expertise is quickly being extended to unfolding Human Capital and ESG reporting and disclosure requirements. View the related CPE webinar on demand.

Clean Money is a Click Away: The Money Laundering Risks of E-Commerce

Although growth rates are expected to moderate with the re-opening of traditional retailers, the compound annual growth rate for e-commerce globally for 2020 – 2024 is forecast at 8.1%. That’s good for online merchants and platforms. It’s good for money launderers, too.

Infographic: IT Audit Tech Risks in the CPG and Retail Industries

Privacy, cyber breach, user access and data governance dominate the top IT audit technology challenges for CPG and retail organizations, according to the annual ISACA/Protiviti Global Survey of IT audit leaders and professionals.

On-Demand Webinar I Supply Chain Security: Managing Third-Party Risk in the Cloud Ecosystem

When it comes to cloud security, there is a “shared responsibility” between the cloud service provider and cloud user to ensure full, secure coverage. This shared responsibility model continues to challenge existing governance, risk, privacy and compliance practices across industries. This approach worked efficiently when the supply chain was only a few vendors. But how do risk management teams work with a cloud ecosystem that contains a network of dozens, or even hundreds, of suppliers?

Guide to Technology Modernization & Transformation

Companies continue to leverage technology as a catalyst for change and transformation to keep pace with changing consumer behaviors and expectations. While CIOs play a critical role in this transformation – they can’t do it alone. This guide contains informative insights and practical tips that all leaders can leverage to initiate, implement and complete technology modernization and transformation programs in their organizations.