need greater efficiency and lower prices?
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The retail market has emerged strongly from a market with well-settled, established players into a highly challenged competitive environment. What was formerly an equilibrium of large retail chains trading with national consumer goods, niche players and international key brands is turning into a growing battle among penetrating discount retailers, large foreign chains and the classic players, all squeezing consumer goods suppliers for greater efficiency and lower prices.
The challenges you face:
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- Rapid industry change means that successful retailers must adapt and evolve their strategy on an ongoing basis. The fundamentals of the industry remain, however: retailers need to become much more progressive while staying focused on the brand and what it truly represents to their core customers.
- Changing consumer attitudes can be attributed to a number of factors: The disposable income for private consumption has decreased. Consumers not only love the new subculture of evolving private label stars, but have also become tough bargain hunters. They are learning every facets of consumerism from the internet and advocacy clubs.
- Stronger supply chain links: Consumers gravitate to retailers who have the right products at the right time. Retailers and vendors need to better cooperate and find ways to share information and processes.
How D can support you:
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We offer a full range of services tailored to our clients’ needs. We work with clients based on analysis, facts and experience, from strategy to implementation, offering end-to-end solutions if necessary and requested. We help clients deliver measurable results in areas such as:
- Supply chain management and effective consumer response (ECR): Improving planning and forecasting capabilities to help the client satisfy customer requirements more efficiently
- Innovation management: Implementing competitive process innovations
- Brand and reputation management: Formulating compelling and feasible brand strategies and helping manage reputation drivers
- Strategy advisory, governance, risk and compliance: Supporting portfolio reviews, strategy validation and organization structure checks in addition to governance strategies and risk management
- Accounting: Supporting the application of consistent accounting practices for specific retail and consumer goods issues
- Finance effectiveness and tax management: Implementing and improving business reporting, budgeting processes, controlling procedures and tax strategies
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