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How to Save the FMCG Industry A Practical Guide for Building Collaboration between Suppliers and Retailers [#956387]
Free Download Chris Leach, "How to Save the FMCG Industry: A Practical Guide for Building Collaboration between Suppliers and Retailers"
English | ISBN: 303092985X | 2022 | 260 pages | EPUB | 24 MB
In the fast-moving consumer goods industry (FMCG), collaboration is often cited as the logical way for suppliers and retailers to create value. Yet, suppliers' experience has shown that doesn't always happen, due in large part to the power of the retailer and a focus on the short term.
In the last thirty years the industry has seen rapid change, with the growth of discounters, online shopping and consolidation of retailers. These changes have brought more opportunities to the industry but also more complexity, challenges and costs to manage for both sides. It's no secret that retailers have sought to leverage their increasing power with suppliers with never ending discussions of cost reduction, while suppliers attempt to engage them with discussions for longer term growth. This results in tension, with the retailer interested in short term activity and the supplier interested in supporting medium term growth. How can these two parties work together to deliver value to the consumer and shopper and ultimately, support the industry?
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