Despite an increase in per capita disposable income and consumer confidence, the growth in retail sector witnessed a significant decrease in revenue due to the unprecedented spread of COVID-19 pandemic. In this edition of Spendbytes, we draw attention towards the post-pandemic rebound in the retail sector, alongside highlighting the trends, challenges, and role of procurement in the CPG industry. The edition also features an interesting case study from our Portland-based consulting arm sharing a success story on a transport transformation project.
TEAM SPENDBYTES
Infosys Portland guides a leading retailer through a transformation journey that reduced transport cost by over 10%.
Read MoreThe adaptability of the new normal practices post-pandemic also induced new trends and challenges that further changed the role of procurement in the CPG industry.
Know MoreWith retail sector anticipated to grow at the yearly rate of 3.5% by 2025, procurement and supply functions within retail are expected to deliver higher expectations with minimal change to cost.
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