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Worldwide CPG/Retail 2007 Top 10 Predictions

Published by: IDC

Published: Jan. 5, 2007 - 11 Pages


Table of Contents



Table of Contents

Manufacturing Insights Opinion

In This Report

Situation Overview

Growth

Geographic Growth

The Rise of Private Label

Online Shopping Is an Unstoppable Trend

Innovation

Advertising, Marketing, and Promotion

Collaborate for Profitable Growth

Productivity

IT Outsourcing Trends Are Diverse Across Geographies

Global Demand Replenishment Practices Will Enable Key Competitive Advantages

CPG and Retail M&As Calling for IT and Process Rationalization

Wireless Technologies at the Forefront of Next-Level Efficiencies

Future Outlook

Prediction #1: Supply Chains in Asia Will Be Challenged Because of Poor Infrastructure as Well as Cross-Province Regulations and Complications

Prediction #2: Packaging Engineers Will Continue to Find and Use Organic Materials for Complete Biodegradability

Prediction #3: Promotion Management and Measures of Effectiveness of Trade Promotion Monies for End Displays, New Product Introduction, Etc., Will Be Widely Piloted and Implemented in the United States First, Then in Europe

Prediction #4: Point-of-Sale Systems Will Be Upgraded Because of a Very Significant Shift to Contactless Payment

Prediction #5: Online Shopping Growth Will Require a New Round of Strategic Investments, Both in Processes and in Technology

Prediction #6: Global Data Synchronization Will Be Back in Vogue

Prediction #7: Private Label Will Continue to Grow, But Smart Branded Product Strategies Will Pose Some Challenges

Prediction #8: RFID Implementations Will Incrementally Move to Item Level on Selected Quick ROI Use Case Scenarios

Prediction #9: Retailers and CPG Manufacturers Will Broadly Implement Service-Oriented IT Strategies

Prediction #10: European Retail IT Spending, as a Percentage of Total IS Budget, Will Increase to Over 60% by the End of 2007

Essential Guidance

Actions to Consider

For CPG Manufacturers

For Retailers

For Technology Vendors

Learn More

Related Research

Synopsis

Abstract

This Manufacturing Insights report provides the top 10 predictions for retail and CPG. These predictions offer a global look at the trends impacting retail and CPG and at the vendors that supply their IT needs. Economics, growth, innovation, and productivity are the main topic areas. "The best retailers and their CPG partners will use their IT assets to understand the consumer and undertake R&D for enhancing, personalizing, or changing the consumer experience within the store and with the product."? Pete Abell, program director, Manufacturing Insights



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