e-book | April 11, 2024


 

The global consumer goods industry is on track to reach nearly $40 trillion by 2027 and is posting a compound annual growth rate of 3.8%. As the largest consumer market in the world, the U.S. is the land of opportunity for consumer products retailers in the middle market that understand what their customers want and know how to meet those demands.

This playbook explores how middle market retailers that replace their aging, disparate software systems with an enterprise resource planning (ERP) solution that is unified, streamlined and cloud-based can experience significant efficiency, productivity and profitability gains. It discusses how implementing a cloud-based ERP with the support of RSM’s experienced advisors can help retailers:

  • Operate more efficiently.
  • Gain inventory visibility and make data-oriented decisions.
  • Create more accurate forecasts.
  • Obtain real-time financials with a centralized source of truth.
  • Differentiate themselves in the marketplace.
  • Improve customer satisfaction.
  • Expand reach, increase revenue and maintain profitability.


 

This article was written by RSM US LLP and originally appeared on 2024-04-11.
2022 RSM US LLP. All rights reserved.
https://rsmus.com/insights/technology/netsuite/how-retailers-can-run-more-profitably-in-all-market-conditions.html

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