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COVID-19: A perspective for FMCG businesses

COVID-19: A perspective for FMCG businesses

100 seconds with Linda Ellett on the challenges facing Fast Moving Consumer Goods (FMCG)

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Linda Ellett

Partner, UK Head of Consumer Markets, Leisure & Retail

KPMG in the UK

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“People in our sector have been working incredibly hard and showing great commitment.” 

In our 100 seconds video, Linda Ellett provides her insights on what COVID-19 means for FMCG businesses. She outlines two key areas where KPMG is working with businesses to improve resilience: keeping employees safe and energised; and thinking more broadly about supply chain resilience. 

A safe, energised workforce

“We need to think about having a strong and energised workforce as we emerge out of this situation.”

FMCG businesses need to have the safety of their people absolutely front of mind in every decision you make however big and however small. And that’s not just now – how can we can enable them to rest and recover as the weeks go on?

A resilient supply chain

“Now’s the time to do that deeper dive.”

FMCG businesses have reviewed the immediate impact on their supply chains. Now, there’s an opportunity to dive deeper and think about the other challenges that could arise.

Future consumer habits

It’s likely that consumers will be a little nervous about going back to bars and restaurants as restrictions ease. For FMCG businesses, that means thinking through how they can service consumers who could be spending more of their leisure time at home.

© 2020 KPMG LLP, a UK limited liability partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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