Recommended
More Related Content
What's hot
What's hot (20)
Similar to FMCG
Similar to FMCG (20)
More from SupportGCI
More from SupportGCI (20)
Recently uploaded
Recently uploaded (20)
FMCG
- 1. Industry Study Report FMCG Industry Report An IIMB NSRCEL & Goldman Sachs Supported Firm
- 2. Three Main Segments Of FMCG Source -IBEF
- 3. Executive Summary - Industry Source -IBEF
- 4. Executive Summary – Hiring Trends Employment in the FMCG and consumer durables sector rose to 90.1 lakh as of the H2FY19 (October-March), the estimate for H1FY20 is 1.10 lakh.. The job creation FMCD/ G will witness 10.31 percent growth in FY20 Source -IBEF
- 6. Evolution of FMCG in India Source -IBEF
- 7. Strong Growth in Indian FMCG Sector Source -IBEF
- 8. Urban – Rural Industry Share Source -IBEF
- 9. Rural Segment Catching Up Source -IBEF
- 10. Increasing Online Users Boost Online FMCG Sales Source -IBEF
- 14. Higher Incomes Aid Growth In Urban And Rural Markets Source -IBEF
- 15. Policy And Regulatory Framework Source -IBEF
- 16. Policy And Regulatory Framework Source -IBEF
- 17. New Goods And Service Tax (GST) Simplifying Tax Structure Source -IBEF
- 18. Boosts in FDI Inflows And Investments Source -IBEF
- 19. Key M&A Deals in the Industry Source -IBEF
- 20. Growth Opportunities In The Indian FMCG Industry Source -IBEF
- 21. Skills Required for the FMCG Sector Adaptability - The FMCG market has an ageing existing workforce, in amongst competition from more tech / digital focused industries The implementation of technology and constant innovation means efforts are being made to broaden their searches to bring candidates in from other industries with transferable skills. Therefore, there is a need to be adaptable, open to rapid tech changes and job profile changes. Preparedness – This bit changes on a year by year basis. SME businesses, in most cases, prefer an office based working policy, to create atmosphere and beat their slower, much larger, rivals in terms of pace. The same goes for packages. equity, profit share, revenue growth is what makes you wealthy! In SME’s, it is expected to work longer hours too in some cases . There is also a need to be prepared for perceived sacrifice, for ultimate gain. Fearlessness - FMCG businesses want candidates who take charge of their careers. Whether it’s realising things are stale, pushing back internally/externally, putting your hand up for the tough negotiations or chatting to the Founder. Source -IBEF
- 22. Hiring Trends FMCG/D alone may add 1.10 lakh new jobs in April-September FY20 Mumbai with 14,770 new jobs and Delhi 10,800 new jobs are expected to lead in FMCG/D. New food parks, capacity expansion, acquisition by existing players, regulatory changes like the ease of FDI in ‘cash and carry’, and single and multi-brand retail through automatic routes, are key aspects expected to push job creation. Besides ease in FDI norms, domestic player expansion and increased domestic consumption will also bolster employment prospects.. Big MNCs are planning to bring on-board latest technologies like AI, Machine Learning, IoT, Chatbots, . Thus, there would be a growing need for people with specialized skills and knowledge. This would also mean a growing interest for talent movement across geographies and functions to fill any void. Source – www.livemint.com
- 23. Hiring Trends The FMCG sector represents a particularly dynamic arena for MBA hiring, involving retailers and the suppliers to retailers - Global powerhouses include P&G, Unilever, Nestle, Walmart, Tesco and many others. In the USA, an MBA is a standard entry level qualification for this sector, whilst in Europe and Asia, many graduates join training schemes, whilst MBAs join in junior management, brand marketing or finance roles. Source –Top MBA
- 24. Hiring Trends Retail Managers •Plan and coordinate the operations of retail outlets. They assume overall responsibility for ensuring the quality of customer service, the appropriateness of choices of inventory, and managing the finances. •In a small organisation, they may take direct responsibility for all aspects of supply chain management, retail service management and stock selection. But managers of large organisations will liaise with appropriate section managers to ensure their activities are properly coordinated. Supply and Distribution Chain Managers •Responsible for planning and organising all aspects of supplying the right products to the right store at the right time. •Required to manage the ordering and receipt of products from the supplier, the storage of goods, and the delivery of goods to the retail outlet. Marketing Managers •Research, plan and implement all aspects of an organisation's marketing. Their goal is to improve the image and profile of the organisation, and to increase its sales and market share. •Required to understand consumer trends and demographics, to plan and coordinate advertising and publicity campaigns, and to advise executives on advertising and marketing strategies. Finance Managers •In early days, work involves producing management accounts in time for reporting cycles. With seniority the role transitions in to cost saving and change management projects to improve overall profitability of the organisation. •Finance managers will have an MBA with focus on cost accounting, or will take a cost accounting qualification alongside their work. Source - Top MBA