Some FMCG categories, particularly homecare, will be revolutionized by the IoT. We will see the IoT convert some product needs, like laundry, into service needs. And in many categories, the IoT will reshape the consumer decision journey , especially by facilitating more automatic replenishment. Meer weergeven For many decades, the FMCG industry has enjoyed undeniable success. By 2010, the industry had created 23 of the world’s top 100 … Meer weergeven Why has this FMCG model of value creation stopped generating growth? Because ten technology-driven trends have … Meer weergeven To determine how best to respond to the changing marketplace, FMCG companies should take the following three steps: 1. Take stock of … Meer weergeven To survive and thrive in the coming decades, FMCG companies will need a new model for value creation, which will start with a new, three-part portfolio strategy. … Meer weergeven WebLocation: Aliso Viejo, California How it’s using IoT in retail: AWM’s SmartShelf is outfitted with edge displays and high-definition optical sensors to display product pricing and information that transmit data about inventory levels. It can also recognize a consumer’s age, gender and ethnicity for the purposes of delivering more specific display content.
Digital innovation in consumer-goods manufacturing McKinsey
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Ronald Zissler – Head of Global Sales - Retail, FMCG …
Web6 mrt. 2024 · The FMCG sector in APAC comprises food retail and toiletries. Food retail dominates the sector with 94% share in terms of revenue. The APAC FMCG revenue in 2016 was $2,545 billion. The sector has been enjoying healthy growth, driven by higher spending power among the middle-income class and declining cost of production which … Web20 apr. 2024 · FMCG Outlook in India – 2024. In a recent report, the Indian FMCG sector is currently estimated to be the 4 th largest sector in the country, with household and personal care products accounting for about 50% of the total FMCG sales. In fact, several industry reports state that the FMCG sector will thrive at a CAGR of 27.86%, and the overall … WebNovember 2024 - A Memorandum of Understanding was signed between Disrupt-X, an IoT platform provider based in the UAE, and LORIOT, a global IoT company based in Switzerland, to assist the adoption of the next generation of IoT solutions leveraging the adequate LoRaWAN® infrastructure. grand junction sporting goods stores