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The retail marketplace is under considerable strain in today’s competitive environment. Whilst new technologies e.g. Radio Frequency Identification/Electronic Product Coding (RFID/EPC) promises to transform the value chain—allowing seamless communications from suppliers to the end consumer, many players remain unconvinced. If, and when it occurs, we believe that manufacturers can realize step changes in business performance by creating new and innovative business models but only if they focus specifically on realising some of the early benefits quickly and step outside of their traditional operating models.
In the leisure industry, consumers are demanding highest value at the lowest possible cost ie. Low Cost Carrier prices at Trans Atlantic standards. To meet this challenge companies need to be able to master customer relationship management in order to deliver against customer expectations and leverage the organisational assets to deliver at best price. This means consistently aligning their operations (finance, service) to their marketing programmes and developing core competencies in reducing costs through outsourcing and other means to balance the value and cost equation.
In the media and entertainment world, we can see the impact they have created in leveraging technology. In today’s, global, network environment – ‘24-7’ is now aimed at a segment of 1. Full control of your media consumption is now in the hands of the consumer. This industry has embraced the full technology capabilities on offer and plans to exploit every corner of the market for consumer distribution of goods and services.
In all markets, TKP consultants have the skills and experience to support your continued development and expansion. We understand the marketplace, key business drivers and can help gain control over areas such as information technology, transfer pricing and supply chain management, all of which are critical to your future success. We can also help you manage the business and technology risks inherent in implementation.
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