Food

Industry Agenda
Insights
Where ABeam Stands Out
Services Provided
Case Studies

ABeam Consulting responds to production and consumer behavior changes in the new normal of the food industry and supports ESG and global management

Stakeholders are demanding enhanced connections with people and things using digital technology in the food industry, in order to respond to changes in consumer behaviors based on diverse values and lifestyles. The industry also requires efficiency improvements in production, enhanced transparency in the supply chain, etc. The industry also needs to address social issues, such as food loss and plastic waste. These issues are part of their non-financial KPI and reviews of their global governance and business portfolios.

ABeam Consulting supports the food industry’s Digital Transformation (DX) and ESG/global management.

Industry Agenda

Consumer communications through digital technology in the new normal (e-commerce/direct-to-consumer)

E-commerce and direct-to-consumer services are improving in the food industry. The “new normal” way of living has arrived, alongside the segmentation and personalization of needs due to diversifying consumer lifestyles and values.

The industry must utilize digital technology and DX to expand communications with and respond to consumer changes.

E-commerce and direct-to consumer marketing that employ big data analysis, AI technology, and a digital marketing base will allow companies to sell products directly to consumers, accelerate the sales of experiences through consumer data collection and analysis, and improve branding and customer loyalty.

The ability to connect with consumers with drastically changing values and behaviors and constructing channels for dialogue is extremely effective as a management resource.

Sustainable growth and resolving social issues through sustainability management

The globalization of industry and sustainability activities (ESG, SDGs, etc.) are affecting society and the environment.

Most companies in the food industry are working to lighten the environmental burden, but we are approaching the time to move on to the next stage. External stakeholders already evaluate company value from a “comprehensive” perspective. Stakeholders want to visualize value relationships that balance non-financial capital (ESGs, etc.) and financial/capital efficiency (ROE, etc.).

Sustainability management in the food industry is approaching an advanced stage due to demand from consumers and stakeholders. This accelerates the formation of sustainability management strategies and systems that quantitatively visualize ESG measures with digital technology.

Strengthening business portfolio management and governance during global expansion

Many food product manufacturers have expanded overseas, but few are truly global companies. Most companies are exploring paths forward through trial-and-error.

The key to global expansion is optimizing supply chains across the global network, in addition to introducing global governance policies and risk management. The food industry requires localization efforts to operate effectively. Management must analyze the business status and market appeal from a medium-to long-term perspective, and decide whether to provide support to overseas subsidiaries or deploy uniform governance.

Food product manufacturers are also reviewing their global business portfolios due to changes in the natural environment, food shortages, and rising raw material costs. They must review management from the perspective of changing the portfolio swiftly and flexibly if they detect possible business risks.

To strengthen governance and business portfolio management, they must deliberate on structures and processes while developing a global strategy.

Insights

Impact of COVID-19 on Food and Consumer Goods Manufacturers and Future Responses

Food
Consumer Goods
Management Strategy/Reformation

Where ABeam Stands Out

Services and solutions combined with extensive knowledge of food product SCM

The food industry has unique product characteristics and business customs. ABeam Consulting utilizes proven standardized administrative processes and system templates to achieve SCM transformations in a shorter period of time.
Digital transformations that improve production efficiency

The food product production environment is changing dramatically. ABeam Consulting promotes smart factories (DX solutions) that combine administration with the newest digital technology (sensors, AI, etc.) to achieve ideal management and production.
Practical regional services that support global expansion through ABeam Consulting’s global network

ABeam Consulting supports the growth and transformation of global management and business. We utilize a “hybrid system” that combines Japanese consultants who have expertise in the food industry and administrative regions, with local consultants who have knowledge of the newest laws, regulations, and business customs in each country.

Services Provided

ABeam Consulting creates new value with our clients across the value chain and society through business model transformations and internal structural transformations that combine our knowledge of food business operations with the newest digital technology.