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Industry Insights - Consumer Products & Retail

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

Back to school season is in full swing and it’s not just kids sharpening their pencils. It’s time for businesses to sharpen their strategies and ace the next big move. In this edition, we explore the future of internal audit and delve into how using AI can streamline your operations.

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Featured Insights

Internal Auditing Around the World | Exploring a Universe of Experience as a Launchpad to the Future

Astrophysicists investigate the past to understand the universe’s formation using advanced technology like the James Webb Space Telescope. Similarly, internal audit can benefit from examining its past to drive future success, as demonstrated in the 20th anniversary edition of Internal Auditing Around the World®, which analysed insights from 244 internal audit profiles using generative AI.

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Webinar On Demand | Enhance Legal Operations

In this webinar, we explored how legal departments could enhance operations using AI tools to streamline document and data management. Attendees learned how effective data extraction drove downstream workflows such as contract analysis and compliance adherence. Through real-world case studies, we demonstrated the value that came from integrating intelligent automation into processes, freeing up teams to focus on more complex tasks. Our panel of legal and technology specialists shared innovative and leading practices to help maximise operational performance, enhance value, and reduce risk to organisations.

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Top 3 Consumer Goods and Retail Reads

CIOs Weigh In on the Delicate Balance of AI Risk and Reward

Businesses are excited about the transformative potential of artificial intelligence (AI) to innovate and enhance business models, customer insights, products, and processes. Alongside this potential, there is a growing need to identify and mitigate risk associated with AI technologies. CIOs are exploring how to ensure the responsible design and use of AI and their roles in managing legal,...
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Regulations and Demand for Accountability Set the Tone for the Future of ESG Disclosures

The rise of global ESG reporting regulations, like the EU's Corporate Sustainability Reporting Directive and the SEC's climate rules, has pushed companies toward greater sustainability and transparency. This white paper outlines the current regulatory landscape and offers guidance on how businesses can prepare for this new paradigm.
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New Thinking for CFOs on Strategic Sourcing

According to our latest global survey of finance leaders, 45% of finance organisations consider cost optimisation to be their top priority — and effective supply chain management for both direct and indirect spend is a key component of optimising costs. While strategic sourcing is performed by the procurement group, the finance group’s core competencies and the CFO’s strategic mindset are crucial...
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