Retail & Consumer Products
Consumer goods industry: competition intense, with consumption on the wane following a spate of food scandals. Consumer goods industry is facing new challenges.
Pressure from competition has intensified in recent years following significant changes in the Swiss market. Cost and risk reduction, as well as global expansion, have now taken top priority in this sector.
Consumer buying habits and behaviour are changing. Various food scandals have placed this sector of the economy under massive pressure and severely dented public confidence.
Industry in the food sector is now faced with stringent new safety standards and high expectations from consumers. Companies in this sector have to react swiftly and take measures in order to meet these new requirements. Special promotions and other measures are needed to provide fresh appeal to consumers.
Our advisors at Ernst & Young will use their comprehensive sector knowledge to provide you with the support you need in relation to – for example – corporate expansion, transfer pricing, internationalisation of accounting, optimisation of internal processes and controls, fraud risks etc. Our advisors will help you to assess the risks in your particular environment.
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