FOOD AND BEVERAGE
The last 5 years has seen significant change in the F&B industry. There has been an explosion in fragmentation, reduced barriers to entry for start-ups and big CPG focus on core innovation. On top of this consumers are becoming more demanding: Taste and convenience (more natural and less processed), “Glocal” Globally Local Tailored Products and digitally connected. This all points to Food and Beverage organisations needing to increase flexibility, productivity and sustainability
In recent years the consumer goods industry has seen the introduction of many more players entering this space particularly with a strong sustainability element. This has been driven by consumer demand and reduced barriers to entry. In addition to this is the fact that start-ups have the agility that larger consumer goods organisations lack. To help combat this there is now a definite shift towards "smart" production lines and having flexibility whilst having a low environmental impact
The automotive industry is seeing the dawn of a new era with the introduction of alternative fueled vehicles whether that is Hydrogen, electric or hybrid technology. On top of this comes all the driver aids and self driving technologies. New business models, supply chains and awareness of new technologies are becoming the new normal in what was once a traditional and incremental industry.
MANUFACTURING AND HEAVY INDUSTRIALS
Heavy Industrials have always been very capital-intensive, requiring a lot of machinery and equipment to create products. Fluctuations in raw material prices often makes makes heavy industrials a volatile place to be. Organisations have often grow over acquisition so it is key to ensure synergies are driven through heavy industrials organisations not just for cost savings but also to be able to survive when market conditions take a turn for the worse.