Tradition Embracing Digital Transformation: Consumer Goods

The digital shift we are experiencing is not unique to any specific industry.

In this week’s article we will look at Digital Transformation in Consumer Goods and how their experiences can influence the future of professional services.

The way we buy goods is evolving from small shops to large shopping malls and now towards online e-commerce. Companies are moving towards more refined and redirected strategies creating engaging conversations rather than just having a purchase online presence.

Many consumer goods companies have been ahead of the trends in digitization in areas such as marketing and are now applying digital tools to capture value in the manufacturing process, meaning digitization will be adopted end to end.

In this article, we will be taking a closer look at the Consumer Goods industry focusing on three key areas:

  • Client Need and Expectation
  • Continuous Improvement
  • What professional service firms can learn

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Launched in 2021, Inflo Insight delivers thought leadership articles, research and expert opinions on accounting and audit issues. Our content examines the complexity and challenges audit firms are facing in an evolving business landscape. Our intention is to summarise and simplify key trends and takeaways that saves you time, builds knowledge and capability to adapt.

Inflo was founded by former Big Four auditors with the objective of making more progressive audit technologies and methodologies available to audit firms of all sizes. Our Digital Audit technology and approach improves the quality and relevance of the audit product for over 70% of the UK’s largest, non-Big Four firms. Our goal is to educate and support the profession to embrace and adapt to change and strengthen your advantage.

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