Deloitte - Mid-African consumer business industry expertise

Deloitte - Mid-African consumer business industry expertise...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
A fresh approach . Our Mid-African consumer business industry expertise Consumer Business & Transportation Audit . Tax . Consulting . Financial Advisory .
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
The Consumer Business industry group of Deloitte encompasses the consumer products, consumer services, retail, wholesale & distribution. Our aim is to bring together the industry expertise and multi-functional skills of Deloitte to better serve our clients across the industry. Our integrated team of professionals have the breadth of global industry experience, complemented by local knowledge of tax, licensing and legal and regulatory issues to address the needs of companies around the world. A fresh approach . 2 A fresh approach Our Mid-African consumer business industry expertise
Background image of page 2
3 A fresh approach Our Mid-African consumer business industry expertise
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
4 A fresh approach Our Mid-African consumer business industry expertise Our global consumer business expertise The challenges that the consumer business industry currently face are daunting, and the traditional growth models of yesterday are no longer providing the return on investment they once did. Intense competition, fckle consumers, a stronger set oF retailers and a shrinking talent pool are some of the causes for increased volatility in this sector. For these reasons and more, consumer business industry players must now change their competitive strategies to stay relevant as a company, and a brand, in the future. For some consumer product companies, the biggest challenge is simply survival. That is not to say that death is at hand. After all, cash continues to flow. But the changing dynamics in the marketplace and the new reality in supply and demand mean that companies have to keep changing. When added to the challenges of commodity price inflation combined with product price deflation, many companies are being squeezed and some are being pushed closer to the abyss. The result has been intense pressure on margins, commoditization, and shareholder frustration. Moreover, many companies have not been able to innovate their way out of this. In all but a handful of cases, investments in the innovation process have failed to yield breakthrough results. Left unattended, the situation will soon become a death spiral for many companies. Before this situation gets out of control, something radical must be done. In Africa, the challenges of food shortages, rising inflation and increased cost of transport and logistics are all playing a part in tempering the booming consumer goods market that has been the symbol of economic development in recent years. It is still possible to buy nearly anything you want in major cities like Nairobi and Lagos, if you are willing to pay the price, but for many people living in urban poverty or in rural areas, the realities have not changed much over the years other than the constantly rising prices.
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/05/2011 for the course BUSINESS 404 taught by Professor Kast during the Spring '11 term at Wilfred Laurier University .

Page1 / 24

Deloitte - Mid-African consumer business industry expertise...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online