A new competitive landscape is emerging in retailing. Restrictive regulations and relative market saturation in developed countries has led to a growing number of local consolidations-a trend most likely to continue.
In mature markets, R&C sector companies are constrained in their ability to grow and maintain profit margins as a result of a deflationary operating environment, market saturation, slowing population growth, and more discerning but less loyal consumers. There are also the immediate concerns of growing competitive pressures, an increase in the number of alternative sales channels, a blurring of roles between suppliers and retailers, and – particularly for consumer product manufacturers – a shift in the balance of power to the retailers.
As a consequence, the strategic focus of the sector is moving towards the emerging economies and expanding consumer markets of Asia and Central & Eastern Europe – China and India in particular – which offer new opportunities for growth through global sourcing, off-shoring and the development of modern retailing.
By focusing on the changing needs and behaviors of consumers, Prism's retail practice area ensures our clients a continuous and sustainable adaptation to this new landscape, while helping them emerge as leaders in their sectors. From cost reduction to category management, from store operations to overall turnaround, we help companies rethink their strategies, identify innovative responses, and create value in an ever-changing and uncertain retail environment.
With a full 360 degree approach, we'll address your concerns, through our successful and proven expertise in Customer Analytics, RFID, Global Data Synchronization, Instore management, Merchandizing & Pricing, Supply Chain Management and Pharmacy in Retail, with focused solutions for Retail, CPG and Wholesale Distribution industries. Our ability to provide business-focused solutions stems from the fact that our delivery organization is supported by "Centers of Excellence" comprising of a dedicated team of domain experts and functional architects.