Please note…

You are now on the ey.com Korea site. To return to the ey.com United States site or other country site, click on the Korea (English) link on the upper right of this page, and select your preferred country site.

x
Skip to main navigation

Retail and Consumer Products > Industries > Ernst & Young - Ernst & Young - Korea

Thinking differently, competing powerfully

Whether it’s squeezed margins, brand erosion or new regulatory requirements, you need to think differently if your consumer products business is to prosper.


And if it’s fresh thinking you want, Ernst & Young can help.

We work with many of the world’s leading consumer products businesses in tackling their key strategic challenges.

We can help you achieve the best deals from transactions and increase the profitability of your brands. We can support you in driving down costs while improving productivity, to help you build a business that’s sustainable in the long term. And we can help you manage risks and make the most of opportunities in emerging markets.

Our Global Consumer Products Center plays a big part in making this possible. It provides a focus for our team of professionals in providing assurance, tax, transaction and advisory services around the world. And it engages industry stakeholders through research, thought leadership and events to develop insights and services that meet your industry’s evolving requirements.

So you get the understanding you need to compete powerfully in your market.

Lessons from change: consumer products industry

How can you manage your company through the recession and position yourself for growth? After meeting with CP executives worldwide, we identified some overarching themes. From reevaluating your operational model to demonstrating operational flexibility, we reveal lessons that could mean the difference between surviving and thriving in the new economic environment.

Survey snapshot: Russian food and beverage industry

In our recent survey, we got a first-hand look at how executives are navigating the global economic crisis. Ironically, 90% of the respondents viewed it as an opportunity to broaden their market share. Discover more about the business development strategies these Russian and foreign companies deem the most effective and why (pdf, 724.3kb).

IFRS risk planning and controls execution

If you’ve been delaying the conversion process to IFRS, you might want to consider utilizing Internal Control over Financial Reporting (ICFR) personnel and operational audit staff. They can evaluate the IFRS’ effects on your business operations and help prepare your internal control and systems for IFRS now

How successful are your cost reduction programs?

While many leading consumer product companies have implemented cost reduction initiatives as a result of the global recession, 70% of them have not improved their cost/revenue ratio. Don’t become another statistic! Instead, learn which strategies can make all the difference in creating sustainable cost improvements over the long-term (pdf, 243.4kb) 

Take your supply chain performance to the next level

Rising expectations of consumers and stakeholders have fueled a level of competitiveness unlike any other sector. So, besides driving up value and reducing costs, how can you enhance supply chain performance to increase the 'size of the prize'? We reveal strategies that could likely mean the difference to your bottom line (pdf, 836.9kb).

Contacts

Choong Kyum Kim 
Consumer Products
Industry Leader
Tel: +82 2 3787 6527


More consumer products thought leadership: 

Top 10 risks and opportunities: retail sector

Market volatility, pricing pressure, variations in market performance, demanding stakeholders — all have contributed to a global economy that encourages competitive drive. With that drive comes opportunity. We explore the top 10 risks and opportunities in the retail sector.

Back to top