Due to the unbroken successful progress of online marketplaces, the increasing digitalisation of the customer journey, but also a further completion of price transparency in the B2C and B2B segment, the topics of digitalisation and e-commerce are highly relevant for retail. Strategies need to be developed to avoid disintermediation of the wholesale trade or to find answers to the increasing dominance of Amazon in B2C.

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Although the overall volume of the food industry is currently still strongly driven offline, the importance of online business is increasingly gaining relevance in view of attractive growth options. Agile, online-savvy players are entering the market with customer benefit-oriented business models and challenging the brick-and-mortar top dogs. Amazon also wants to grow further in this area and has the logistical prerequisites to be successful. It is advisable for suppliers to develop suitable digitalisation and e-commerce strategies. This is the only way to avoid a loss of market share in the context of the channel shift from offline to online.

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The digitalisation of the fashion and apparel industry continues to gain momentum. Agile, online-affine players are entering the market with customer-benefit-oriented business models and increasingly threatening the brick-and-mortar top dogs. For the latter, there is a correspondingly acute need for digital transformation and a strategy to avert advancing disruption.

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The expertise demanded by companies in different areas is diverse and changes rapidly over time. Not all resources are available within the company. Especially in the topics of e-commerce & digitalization, experience and know-how are in high demand, especially the combination of strategic thinking and operational implementation skills. For this reason, we work with top consulting firms and partners in our network. Likewise, we act as supporters and consultants for companies in the area of business services.

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FOSTEC & Company GmbH

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info@fostec.com

+49 (0) 711 995857-0

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