Duff & Phelps has warned that Brexit uncertainty is hitting the FMCG industry the hardest, as The Grocer explores in this article.
FMCG is experiencing a “perfect storm” with strategic business decisions and investment grinding to a halt. In addition, Brexit uncertainty is leading to the stockpiling of raw materials and product. It is also encouraging more frequent discounting and promotional activity in supermarkets.
With food and drink companies claiming that a no-deal Brexit has “already arrived”, how can you mitigate the impact of Brexit for your business?
At Ebit, a leading procurement services provider, we work with numerous FMCG businesses to substantially reduce indirect costs and increase efficiencies. For example, we have delivered more than £2.5m savings this year to date to one FMCG client alone.
Find out how we could help your business too. Contact Amy on 01305 230500 or by email on [email protected].
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