Consumer Goods Transforming disruption into a competitive edge Consumer Packaged Goods (CPG) companies face unique challenges and opportunities as e-commerce models become integral to their success and direct-to-consumer online sales overturn traditional retail models. Alongside these changes comes an industry-wide trend toward sustainability solutions, including the use of reusable, sustainable, compostable packaging and a desire for companies to reflect sustainable brand values as the popularity of purpose-driven brands increases.In response, brands must build supply chain resiliency and agility, including the design of regional and tailor-made supply chains focusing on faster and easier delivery options for consumers. All of this transformation must take place while mitigating risks to supply chain reliability, dealing with labor shortages and cyber threats, and responding to shifts in operating models to work from home. 2024 Top Risks in the Consumer Products and Services Industry The Consumer Products and Services industry group faces a long list of headwinds heading into 2024. Inflationary pressure, workforce attrition with talent gaps and protecting customers’ data are top on the list of major concerns weighing on the minds of senior executives in the consumer packaged goods (CPG) and retail industry group. Survey Report View Infographic What we do Our services Sectors we serve Insights Client stories Leadership Our services for consumer goods companies Pro Briefcase Enterprise data and analytics We help companies build a data-driven culture by developing, designing, and implementing advanced analytics and digitalisation. We help access vital data, turn data into actionable insights, and utilise AI technologies to optimise business results. Pro Building office Environmental, social, governance (ESG) Consumer Goods companies face material ESG risks across the value chain, along with the ever-growing demands and expectations from consumers around sustainability. We help companies respond to these risks and opportunities through ESG strategy assessment and creation. Pro Document Files Cloud We help companies implement and adopt cloud capabilities aligned with defined business outcomes, including cost savings, agility, scalability, innovation, and the use of cloud for IT modernisation and digital transformation. Pro Legal Briefcase Digital transformation From supporting growth in e-commerce to replacing legacy applications, we assist through every stage of digital transformation. Through automation, we work with clients to reduce operational costs, implement metrics and governance to drive impact, and harness data and analytics to drive performance. Pro Rightmark Square Supply chain management We help companies meet supply chain demands around quality, speed of delivery, and overall performance by identifying and scrutinising new suppliers, selecting and prioritising parts purchases, providing staff training, and preparing for anticipated disruptions. Pro Screen System Integration Cybersecurity We help companies design, implement, and manage cyber capabilities while protecting data and business assets. We help implement regulatory compliance, privacy, and third-party risk management programmes, while building trust with stakeholders. Pro Workflow Flowchart Data privacy With the fast growth of e-commerce and an expansion of loyalty programmes, there has been an increase in concerns over data privacy. We help organisations build, assess, and strengthen data privacy programmes and ensure compliance with the growing list of privacy regulations to protect customer trust. Sectors we serve Transform for evolving customer needs Consumer goods consulting services Protiviti helps CPG organisations to rethink core business operations and transform for evolving customer needs and stakeholders’ expectations. Our expertise helps companies to respond quickly to challenges and identify innovative ways to embed resilience, optimise margin and improve operational performance. Transform for evolving customer needs Notre équipe Bernard Drui Bernard Drui est Managing Director et Country Market Leader chez Protiviti France. Il a plus de 25 ans d'expérience dans le monde des affaires, travaillant avec une variété d'organisations pour améliorer leur performance par la gestion des risques, l'efficacité ... En savoir plus Featured insights PODCAST Podcast | Strategic Sourcing: Gaining Advantage, Mitigating Risk – with Lucas Manganaro Supply chain management continues to be a hot topic in countless organisations in light of ongoing geopolitical challenges, evolving impacts of climate change, new tariffs, changing labor markets, and much more. How can supply chain and procurement... NEWSLETTER Maximising CX: The Game You Must Win How a business engages its customers at every point of their buying journey is critical to connecting the organisation’s brand promise to, and delivering on, an exceptional customer experience. Does the board understand what the organisation does to... INFOGRAPHIC Infographic | 2024 Top Risks for Innovation and Transformation Executives Innovation and transformation executives identified the biggest threats impacting their organisations in Protiviti’s 2024 Top Risks Survey. The executives’ perspectives on risks, listed below, reflect increasing concerns over emerging technologies,... Button Button Multinational Consumer Products Company Modernises FP&A Globally with SAP Analytics Cloud Like many companies we work with, this multinational company recognised that its financial planning and analysis (FP&A) processes had gotten out of hand and subject to increased risks. Over time, planning and reporting had been developed locally, requiring multiple steps to aggregate and reconcile financial data. Read more Finance Transformation Sets Course for Future Success The client’s private equity sponsor was seeking a partner to assist in the holistic transformation of its finance function so that timely visibility into the company’s financial performance could be produced on a routine basis. To determine the gaps and challenges across the organisation, Protiviti initially performed an assessment of the client’s current state based on the six elements of... Read more