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What is CPG Industry Trends and Challenges 2023 about?

The CPG industry is facing many challenges including rising costs, supply chain issues, and changing consumer preferences. Companies are adopting strategies like sourcing from multiple countries, focusing on sustainability, and innovating products to reduce costs. C-level executives are responding by improving the consumer experience through digital transformation and data analytics, increasing efficiency through supply chain changes and vendor consolidation, and modernizing aging digital infrastructure. Op

Author

anupamsarkaar

Language

EN