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Players in the Consumer Products and Retail (CP&R) industry may be getting some face lift as Ernst & Young Nigeria takes a deep-dive into the world of digital disruption to take opportunities the benefits as they navigate through the challenges that comes with it.
As part of its plan to drive optimum efficiency in the CP&R space, the firm is putting in place preparations to host its 2018 breakfast session in other to brainstorm on avenues in which these goals can be achieved.
The Breakfast session with an agenda ‘Leveraging digitalisation in today’s cost optimization and operational efficiency’, will hold at EY Nigeria office at 10th Floor, UBA House, Marina.
Speaking about the event and the rationale behind it, the Bunmi Akinde EY Consumer Product & Retail lead for West Africa says, “The traditional business model is under increasing pressure to deliver top line growth and increase operating margin.
Traditional approaches to operational excellence have only been partially successful in delivering the breakthrough in performance companies need to compete in the future.
The new wave of digital disruptive technologies provides the greatest opportunity to fundamentally reinvent operations and deliver this breakthrough in performance.
The event seek to improve understanding the key challenges and what need to be done to ensure the Consumer Product and Retail Industry in Nigeria keep pace with digital technology
Continuing, Akinde says the organisations within the Consumer Sector like other sectors are operating in an uncertain world, in which they need to continuously adapt to business disruption taking into consideration the peculiarities of the industry.
Digitisation is forcing changes to every aspect of our lives; it is constantly challenging the way we do things and offering exciting alternatives.
In our journey to build a better working world, EY is supporting Consumer Products and Retail companies define and execute their digital journeys through integrated digital solutions with managed services and robotic process automation at the core
Speakers, who are mainly experts in Digital and Robotics practice, will be looking to unpack issues around digital trends, issues driving digital, customer experience, improving investors’ relations, cyber security among others.
