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Forging Ahead in the New Economy contains articles on the following key industry trends:
Category Management: Less Is More
Category management is best pursued through a partnership between manufacturers and retailers to understand consumer spending patterns and to set goals grounded in those insights.
Social Media: Raucous, Risky and Impossible to Ignore
Social media represents a massive opportunity for consumer businesses - if they can figure out how to discern useful patterns in the noise and mine this sea of sentiment and ideas.
Sustained Economic Growth: Jobs Hold the Key
CPG industry performance over the next several years will depend largely on two factors: increased consumer spending with a more stable economy and the ability to capitalize on new growth opportunities.
The Value-Added Tax Surfaces as a Debt Reduction Measure
Adopting VAT would put the US more in synch with other major industrialized countries, but it remains to be seen whether a VAT is politically viable in the near future.
A New Treatment for Leases
Sweeping accounting changes for the retail industry are likely to take place in 2012, affecting how companies record leases for retail/warehouse space and major equipment on their financial statements.
A No-Nonsense Approach to Environmental Sustainability
Corporations are taking a proactive stance by identifying and addressing the sustainability and climate change issues that impact their business models.
Greater Sustainability Disclosure on the Horizon
PwC analysis comparing the financial performance of CPG companies in various industries found that there are notable differences between the performance of companies who issue sustainability reports and those that do not.
Raising the Bar on Supply Chain Agility
Leaning and greening supply chains expands margins and funds growth, while providing greater value to consumers.
Indirect Costs: New Tactics for Extracting Waste
Judicious choices in the second round of cutting indirect spend will help companies become more agile by adjusting the rules of the past to align with future opportunities.
More Bang for the Trade Promotion Buck: Focus on Decision-Making Instead of Allocation
Companies are starting to make improved investment decisions during the promotional cycle (point-of-sale) rather than after, resulting in the need for trade promotion management to become trade decision making.
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