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Consumer Products Overview - Ernst & Young - United States

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.

Read our local pages, or visit our Global Consumer Products site to learn about the Center and for insights that cover the global market.

Global consumer products quarterly deals: Q4 09

Which trends are largely affecting deal activity across the sector? Will deal volumes rebound after last quarter’s three-year low? Find out here and get a first-hand look at which sub-sectors (including tobacco, food, beverages and HPC) and geographies are most active, and who the key players are.

India’s countdown to Goods and Services Tax (GST

The introduction of dual GST in April 2010 will not only simplify the current system and lower the costs of doing business, it will act as a catalyst for the fundamental redesign of supply chains. This change will also bring India into line with many developed countries. Discover the far-reaching implications for CP companies (pdf, 806.5kb)

Russia: prospects in the consumer products sector?
Even with its lackluster performance over the past year, Russia remains a key strategic market with massive penetration opportunities. Still, many wonder: will this market bounce back? After surveying 15 chiefs from some of the world’s largest consumer products companies in Russia (pdf, 319.3kb), you may be surprised by their candid responses.
Consumer products industry: excel in working capital management

If you had the opportunity to improve your company’s cash flow, costs and service while maintaining flexibility, wouldn’t you take it? Well you can, simply by creating an effective working capital management strategy. Learn which steps will be instrumental in helping you benefit from this largely untapped source of liquidity.

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.

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) 

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

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Contacts

To talk with us about how we can put our Consumer Products experience to work for you, please email Mark E. Beischel, Americas Consumer Products Leader or call
+1 513 612 1848.

Lessons from change: consumer products industry

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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.

More consumer products thought leadership:

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