The consumer goods industry must respond to the low-growth business environment by continuously evolving its business models and creating technological changes that have never been seen before. Even under limited competition, differentiation strategies centered on product innovation are not enough to actively respond to such changes. To lead the competition in the newly expanded e-commerce environment, clients should be provided not only with innovative product improvement, but also with unique experiences through the convergence of various sectors, including logistics, finance, IT, etc.
Samjong KPMG has always asked: how can we help our clients to promptly adapt to the changing environment? Based on the understanding of the industry and clients, Samjong KPMG provides both traditional services, such as Audit and Risk Consulting, as well as the following new services: advising on global market expansion by using online channels, a new logistics model divided into omni-channels, and advisory in diverse fields for operation efficiency. Also, to obtain successful results, we have technological approaches which utilize ‘big data’ and ‘process mining’. In addition, Samjong KPMG employs professionals from various fields, including information security, in order to respond to the new technological changes.
For more information, please contact our Consumer Market team.
KPMG professional teams help Food, Drink and Consumer Goods clients create new opportunities and continue with their sustainable growth.
Food, Drink, and Consumer Goods (FDCG) companies are experiencing disruptive changes in the consumption patterns of a new generation that emphasizes the function and affordability of products in an environment that shares product price and quality based on the use of social media, and in the traditional logistics channel whose changes are driven by an online system. Such changes can be both an opportunity and a threat to FDCG companies.
We have provided various services to FDCG companies for a long time, accumulating a diverse set of experiences. Such experiences aid FDCG clients to maintain sustainable growth by transforming the rapidly changing business environment into a new opportunity.
The services are not limited to the traditional ones that support FDCG companies, such as Audit and Tax. Advisory in various fields also exist in Samjong KMPG. In particular, the following sectors are where FDCG clients can find differentiated services to meet their specific needs.
Samjong KPMG Retail team supports client’s sustainable growth and globalization by diagnosing major issues of the relevant business environment.
The recent developments in technology and retail led to diverse changes in channels. As a result, retail companies are under fierce competition. First, the worldwide pattern of consumption is shifting from offline-centered to online- and mobile-centered shopping. Second, customized retail·wholesale services that meet the diverse needs of consumers, such as O2O(Online-to-Offline) and Omni-channel are increasing. Third, the upgrade of retail-related technologies, such as Fintech and RFID, has accelerated. Under such a rapidly changing environment, retail companies need to be prepared.
With abundant experience and knowledge of the retail industry, Samjong KPMG provides support for sustainable growth and globalization to retail companies. The Retail professional team in Samjong KPMG exhaustively attempts to satisfy our clients by providing the means to deal with common issues in the industry.
Moreover, with the Korean market saturated, some retail companies are seeking to enter overseas markets. These retail companies can utilize the KPMG Network and Korea Desk within the KPMG member firms with their various experiences in Globalization projects and rest assured that Samjong KPMG provides professional service around the world.
For more information, please contact our Retail team.
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