Consumer Goods & Services Consulting | Accenture (2024)

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Consumer Goods and Services

In the age of digital commerce, it is hard to predict what consumers will buy – and why, when and where they buy it. To stay ahead of uncertainty, think like a consumer and focus on building strong relationships.

Consumer goods and services now

47%

of consumer goods executives aspire to set a new standard for the industry – or even outside of it

95%

of executives believe consumers are changing faster than they can change their businesses

78%

of consumer goods companies identify the omni-connected consumer as a top priority

56%

of companies are prioritizing integrated business planning over demand-driven inventory supply

How to reinvent consumer goods and services

Marketing & Customer Experience

Deliver winning consumer and customer experiences

By directly involving humans—and their data—in the creation and orchestration of holistic consumer experiences, companies can meet changing consumer demands at the speed of life.

95%

of executives believe consumers are changing faster than they can change their businesses.

Consumer Goods & Services Consulting | Accenture (1)

Drive loyalty

Unparalleled consumer relevance and intimacy drives loyalty.

Consumer Goods & Services Consulting | Accenture (2)

Improve accuracy

Massively reduce risk while improving launch accuracy.

Data-led transformation

Access powerful insights by tapping into data

Data is everywhere but remains an untapped resource. Leading CPG’s leverage data and analytics intelligence to seize value creation opportunities.

74%

of CG&S executives say they are struggling to scale advanced analytics capabilities across their business.

Consumer Goods & Services Consulting | Accenture (3)

Innovate and grow

Leverage data to create new product and investment ideas.

Consumer Goods & Services Consulting | Accenture (4)

Improve consumer engagement

Dig into data to create hyper-personalized marketing content that will boost conversion.

Digital Commerce in Consumer Goods and Services

Drive profitable growth with digital commerce transformation

Adoption of digital commerce is both material and ubiquitous for consumers and customers alike. This creates a big opportunity to capture the full potential of a market that’s poised to grow by 56% over the next three years.

94%

of consumers are now purchasing through digital commerce channels.

Consumer Goods & Services Consulting | Accenture (5)

Grow consumer and customer lifetime value

Provide differentiated, personalized and consistent experiences across channels that build loyalty.

Consumer Goods & Services Consulting | Accenture (6)

Build rich insights

Combine business and ESG data across multiple channels and build insights into consumer and customer needs to gain competitive advantage.

Consumer Goods & Services Consulting | Accenture (7)

Deliver at scale and pace

Build operating model agility by implementing the right commerce infrastructure and operations for efficient orchestration across channels and easy integration of new channels.

Consumer Goods & Services Consulting | Accenture (8)

Reduce costs

Drive cost reduction, sustainability outcomes, and improved efficiencies by taking an integrated, ethical end to end approach to digital commerce that eliminates inefficiencies and reduces duplication.

Generative AI

The generative AI era

Generative AI brings opportunities for CPGs to reinvent across the value chain and transform ways of working.

87%

of consumer goods CxOs say technology is a key element of their competitiveness.

Consumer Goods & Services Consulting | Accenture (9)

Innovate and grow

AI can help capture consumer trends faster and better, fueling new product development.

Consumer Goods & Services Consulting | Accenture (10)

Boost conversion

Ignite engagement with hyper-personalized content and a consumer-of-one approach.

Consumer Goods & Services Consulting | Accenture (11)

Unlock people’s potential

Blend process, automation, and real human experience to rethink work structures and craft new roles for new levels of productivity.

Net Zero Transitions

Do well by doing good

Sustainability is a key force for change and drives long-term growth and viability—and it’s good for business. In the future, we will not talk about “sustainable business” sustainability will be “business as usual.”

83%

of consumers increased their sustainable shopping in the last 12 months.

Consumer Goods & Services Consulting | Accenture (12)

Save on cost

Outperform on financial returns and improve risk management (for example, soap concentrates are higher-margin and better for the environment).

Consumer Goods & Services Consulting | Accenture (13)

Deepen relationships

Embracing sustainability translates into improved retention and employee satisfaction, deeper supplier and partner collaboration, and differential brand growth.

Cost and Productivity Reinvention in Consumer Goods and Services

Generate enduring, long-term sustainable value

Consumers have the power—and they want to see sustainability in every product or purchase option. Rethink processes, technology, and tools with a sustainability lens to reveal holistic value and leapfrog competition.

Less than 20%

of companies can sustain profitable growth before, during and after disruptive events.

Consumer Goods & Services Consulting | Accenture (14)

Increase productivity

Rising input costs combined with higher inflation erodes consumer spending and hurts confidence. Enhance SG&A by 15-20% and improve working capital by 10-20% by expanding workforce productivity with end-to-end process transformation.

Consumer Goods & Services Consulting | Accenture (15)

Grow revenue

CPGs are worried about optimizing and managing working capital amid recessionary pressure while maintaining sufficient liquidity to operate. Grow revenue by 1-2% by aligning investment to strategic priorities and future value pools.

Segments we support

  • Agribusiness

    Agribusiness

    From planting to processing and even connected cows, enable the entire food value chain with 5G technology.

  • Beauty

    Beauty

    Use data and AI to create beautifully connected experiences that meet demand for personalized services.

  • Beverages

    Beverages

    Design, build, distribute and scale for a sector at the center of society.

  • Food

    Food

    Feed changing tastes and deliver delicious, scalable food experiences.

  • Home and personal care

    Home and personal care

    Enable smarter, more connected lives—from personal care and hygiene to home care products and appliances.

What’s trending in consumer goods and services

View all work

Research Report

The empowered consumer

Information overload is impacting people’s confidence in their decisions — big or small. AI tools can help companies deliver hyper-personalized experiences that cut through the noise, deepening loyalty in the process.

Expand

Research Report

Total Enterprise Reinvention in Consumer Goods

Change is here to stay for consumer goods companies, and the pace will only accelerate. Brands need a depth of consumer understanding and an unparalleled agility to move at the speed of life.

Expand

Research Report

Reinvention in the age of generative AI

Five imperatives the C-suite must address to reinvent in the age of generative AI.

Expand

Case Study

Lion's transformation into a digital organization

Lion, an Australian and New Zealand beverage company, digitallytransformed by migrating to AWS, enabling efficiency, agility,sustainable growth, real-time insights, and an enhanced customerexperience.

Expand

Perspective

The reinvention of beauty: Built by people, backed by science

Beauty is undergoing fundamental change, driven by consumers seeking science-led products that enhance health and wellness from the inside out. Growth requires a level of reinvention that will ultimately redefine the industry.

Expand

Research Report

Work, workforce, workers: Reinvented in the age of generative AI

Gen AI will transform entire value chains—and the very nature of work itself. Leaders need to lead and learn in new ways to drive business performance and more productive, creative and meaningful work for everyone.

Expand

Research Report

Humans first. Consumers next.

How resilient consumers are adapting in an era of volatility.

Expand

Case Study

Future skills pilot

Reimagining talent mobility

Expand

Partners in change

Consumer Goods & Services Consulting | Accenture (16)

Helping you unlock the value of your SAP application portfolio with the power of intelligence, innovation and industry.

Consumer Goods & Services Consulting | Accenture (17)

Reimagining human experiences that reignite growth and accelerate the path to value

Consumer Goods & Services Consulting | Accenture (18)

The largest global Microsoft practice. Eighteen-time Microsoft Global Alliance SI Partner of the Year. Powered by Avanade. Runs on Microsoft.

Consumer Goods & Services Consulting | Accenture (19)

Unleash empowering human-centric design and Google’s innovative tech.

Consumer Goods & Services Consulting | Accenture (20)

Unleash the power of unforgettable customer experiences.

Awards and recognition

HFS Ranks Accenture No. 1 Tech Services Provider to Retail and Consumer Packaged Goods Companies

HFS Research noted the “One Accenture” approach that enables Accenture to “bring together its breadth of capabilities and increasing innovation for client impact” is a differentiator.

Learn more

A Leader in Digital Strategy Consulting Services - IDC

Accenture was recognized for strength in strategy and vision and its ability to shape the future of the world’s largest companies through technology-enabled, agile strategies.

Learn more

For Fourth Consecutive Year, Named a Leader in Data and Analytics Services - Everest

Accenture Applied Intelligence’s IP-led approach to D&A services delivery, its strong adoption in the marketplace, and its increased growth across geographies and industries.

Learn more

Our leaders

Oliver Wright

Senior Managing Director – Consumer Goods & Services, Global Lead

Marc van der Net

Managing Director – Consumer Goods & Services Lead, EMEA

Ed Stark

Senior Managing Director – Consumer Goods & Services Lead, North America

Mauro Rubin

Managing Director – Consumer Goods & Services Lead, Growth Markets

Careers

Grow your careers at the heart of change

Join us
Consumer Goods & Services Consulting | Accenture (2024)

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