The high population growth rate, structural increases in purchasing power, the growing affluence of the middle and upper classes as well as emerging countries are opening up considerable growth potential for the luxury goods industry. Strong Swiss brands were able to hold their own even during the economic crisis and are enjoying rising popularity in growth markets like Asia and both the Near and Middle East. Of equal significance, the Swiss luxury and food industry belong to the leading industries worldwide.
The challenges facing the Swiss consumer goods industry consist mainly in its strong dependence on GDP growth and private consumption. An optimum price-performance ratio must be guaranteed at all times. These challenges include:
- Sustainability
- Multichanneling
- Control over brand distributors
- Staff qualifications
- Polarization of both high and low price products
- Switzerland as a manufacturing location
- Risks inherent in the supply chain structure
- Increasing scarcity of resources (oil, agricultural commodities, etc.)
- Increasing spread of information and networking technologies (Internet, RFID, logistics systems, etc.)
- Liberalization, globalization and increasingly intense international competition
- Change in organizational structures
- International expansion
- Demographic change
Switzerland is known for its unique, high-quality food and consumer goods industry. The global network and worldwide project experience makes KPMG a reliable partner with unique expertise in areas such as:
- Cost optimization
- Credit advisory services
- Cash flow forecasting and liquidity planning
- Process assurance
- Risk management advisory services
- Assistance with re-evaluating supplier structures
- Implementation of internal control systems
- Tax optimization for structures, employees, revenue, customs duties, valuation of goods, M&A, foreign assignments
- Working capital management incl. renegotiation of supplier terms and conditions
- Re-evaluation of store KPIs
- Analysis of value drivers, competitive advantages and benchmarks for market shapers