The value chain between the manufacturer, retailer, shopper and consumer is complex and undergoing significant change. Each link in the chain offers opportunities for competitive advantage through differentiation and operational efficiencies. But the downside is a risk of disconnects and inefficiencies, and a negative impact on revenue and profitability.
Evidence shows that whilst many firms have excellent strategies in place, there are gaps – such as lack of insight, process disconnects, and structural silos – when it comes to implementation, and performance suffers as a result.
The future belongs to those who can deliver on both strategic and operational excellence.
Few industries have seen such significant changes in their business environment and customer expectations than consumer goods.
Online shopping, the emergence of omni-channel retailing and shoppers and consumers demanding ever more personalised experiences have placed pressure on all participants in the value chain.
Many organisations have invested heavily to respond, embracing digital and collecting data on every transaction and interaction.
And yet many of the same challenges remain:
Value and competitive advantage are created and lost in variety of ways. Fundamentally it is about flawless execution or operational excellence.
For example, it is possible to be data rich yet insight poor. In the same vein a business can be insight rich yet fail to drive optimal value out of such rich insights.
These operational disconnects can be seen in Marketing, Sales, Operations, Logistics, and all the way through to Retail – with consequent loss in revenue and profits for both manufacturer and retailer.
For a manufacturer, the consequences are not limited to the financial impact due to loss in market share; there is often reputational damage too.
Clearly, this is not an issue to be overlooked – and if you do, be assured your competitors will not.
Change Associates helps manufacturers and retailers increase sales and profitability by:
In our experience, organisations in the consumer market space are often data rich but don’t always turn that data into insight or turn that insight into a plan that is executed seamlessly and flawlessly.
Which is where we can help.
We begin by looking within your organisation, testing for redundancies, duplication, disconnects and operational inefficiencies. We tap into your data and expertise to analyse your demand side chain with a fresh perspective.
Whilst we adapt our approach to each client, the following methodology forms the core of what we do:
To find out how we can help you create a consumer value chain that creates greater value call 0207 1011 979, email email@example.com or complete the form below.