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Welcome to the June edition of Industry Insights for Consumer Products and Retail
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By Carol Raimo, Global Leader, Consumer Products and Services Industry Practice, Protiviti
People management issues, rising customer competition among top risk drivers for CPG and retail companies
Labor issues, unexpected crises are top risks for airline and hospitality companies
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Threats to supply chain, workforce and customer demand cited among top 2022 risks by CPS industry leaders.
Whether it’s disruptive technologies, supply chain bottlenecks, rising costs, labor shortages, data breaches, or restrictive government policies, the Consumer Products and Services (CPS) industry group faces numerous market-changing risks in 2022 and
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Lingering Effects of Pandemic and Operational Challenges Are Top Concerns for Consumer Products and Services Organizations
The continuing global challenges and potential existential threat posed by the ongoing COVID-19 pandemic. Political divisiveness and polarization. Social and economic unrest. Gridlock.
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Across many retail and consumer goods categories, companies are contending with talent shortages that have increased labor costs,
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Companies in the Retail and Consumer Products Industry are exposed to material Environmental, Social and Governance (ESG) risks across the value chain – from sourcing and manufacturing to the distribution and use of products.
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Whether it’s challenges in the supply chain, rising cost of products, raw materials and shipping, disruptive technologies, labor shortages, data breaches, or restrictive government policies, the list of market-changing risks facing the retail and consumer packaged goods industry is long and daunting.
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It happens all the time. A successful enterprise attracts the attention of a larger corporation, which envisions greatly expanding the reach of the enterprise through its financial backing. But once inside the corporation, the limits of the company’s legacy systems and manual processes become apparent. In some cases, the organization may require a business-wide operational review.
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Finance leaders in the retail and consumer packaged goods (CPG) industries plan to continue to address major priorities created by the e-commerce boom, market disruptions and the growing expectations around social accountability.
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Finance leaders in the retail and consumer packaged goods (CPG) industry have been leading their organizations’ efforts to manage and adapt to challenges produced by the global pandemic. Many of these persistent pandemic-related challenges will continue to be a primary focus for finance leaders over the next 12 months, along with new and emerging priorities.
