FMCG Sector has been affected due to covid-19. they have problems before them like how to drive growth in rural consumption, making sure that e-commerce dmand remain there etc. with sales slowing down during lockdown and companies are likely to increase profitability, cost control is a major tool for the companies to improve the profit margins.
"information system are transforming business"Justify this statement in above case of FMCG by considering how information system will help the companies in resolving above problem.
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Anil Garg has 35 years of corporate experience – he is currently Head of Finance & IT of the Personal Care Products Business (PCPB) at ITC Limited. ITC Limited is an Indian conglomerate with businesses in Tobacco, PCPB, Hotels, among others. Borrowing from his deep insight into the industry, Anil writes about the impact of Covid-19 on the FMCG sector.
The views expressed in the article are those of the authors’ and do not necessarily reflect the views of ITC Limited or smallcase Technologies.
Since the very beginning, humanity has faced a lot of challenges. The magnitude of these challenges have been different and have come at us in different forms. From famines to world wars, from pandemics to economic turmoils, and all the way to climate change. Fortunately, humanity has come out of most of them – stronger and more resilient. The advent of the novel coronavirus is another such
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