23 Jun 2016 What went down at the Global Consumer Goods Forum Summit, Cape Town, June 2016
The 60th Global Summit of the Consumer Goods Forum, was held at the Cape Town International Convention Centre from 15 to 17 June.
Scores of CEOs from both global and local FMCG companies joined the summit which hosted industry heavy-hitters including the heads of Walmart, Tesco, Campbells, Coca-Cola (pictured left), Nestle, McCain’s, Pick n Pay and PepsiCo. Here’s a selection of articles on the event….
You can download/view an Executive Summary of the three days here (it is an 8-page pdf)
Christo Wiese: Our investments in Africa are for our children and grandchildren
When group chairman Christo Wiese talks about the potential for doing business north of South Africa’s borders, he is a man worth listening to. And speaking at the CGF Global Summit in Cape Town last week, he re-affirmed his belief that there is much to get excited about when looking at the rest of Africa despite the sometimes pervasive negative perceptions.
Top global CEOs speak on what makes for good business
Business leaders are under more scrutiny today than they perhaps have ever been. Governments and civil society are asking them hard questions about the role that their companies play in society.
Massive disruption in the retail industry meets changing consumer needs
Participants at the Consumer Goods Forum Global Summit in Cape Town were given a taste of some of the disruption that is changing the consumer goods manufacturing and retail industry…
Survey finds manufacturing CEOs reporting aggressive growth strategies
The 2016 KPMG International Global Manufacturing Outlook has stated that 74% of manufacturing company CEOs reported growth as a high priority over the next two years. Competition for market share is fierce with many planning rather aggressive strategies in the pursuit of their growth objectives…
#CGFSummit: Enactus announces 1 Race 2 End Waste competition
Tom Gorman, CEO of Brambles and a board member of Enactus, has announced the launch of a global initiative, 1 Race 2 End Waste, to reduce food loss and waste in developing as well as developed countries…
Supermarket giants focus on burgeoning Africa
The top 100 grocery retail companies in the world chose to focus their expansion efforts on Africa and the Middle East in 2015, even as countries in this region struggled with adverse economic conditions…
#CGFsummit: Reasons to believe in Africa
There are many reasons to invest in Africa and even more reasons to believe in Africa, international delegates were told at the Consumer Goods Forum global summit in Cape Town…
#CGFSummit: Digitisation of everything
With customer expectations driving rapid change across the consumer goods and services industry, increasing the demand for innovative and personal experiences, it’s time to welcome the era of living services…
Internet disrupting in-store shopping
Customers still prefer to shop in bricks-and-mortar stores in SA, but this pattern of consumption is being disrupted and reconfigured by the internet…
#CGFSummit hears results of latest Nielsen retail study
The perception that emerging markets are no longer a source of future growth for retailers is a dangerous retail myth that needs to be dispelled, global consumer insights company Nielsen told the world’s top consumer goods companies’ CEOs at The Consumer Goods Forum Global Summit earlier this week…
#CGFSummit: Food safety, not just a Western luxury
A customer buys meat and vegetables from your store. He goes home, eats that fresh produce, and contracts a serious illness. Possibly even dies. Here’s how to prevent this nightmare from becoming a business reality…
Report on trends in international retail published
The second Internationalisation of Retail study, from the Consumer Goods Forum and Planet Retail, has shown that major retailers are still becoming more international rather than less so – and at a surprisingly swift rate…
The United Nations Industrial Development Organization (UNIDO) and the Global Food Safety Initiative (GFSI) have signed a Memorandum of Understanding (MoU) to signal their commitment to a large-scale partnership for food safety at a gathering of the world’s consumer goods industry leaders at the CGF Global Summit…
#CGFSummit: Rise of the premium private label
Take an overabundance of FMCG products, add limited shelf space, as well as more competition from retailers’ own labels and more frequent change of products stocked by retailers, and retailers and manufacturers alike need a radical new approach to maintain their market share.
#CGFSummit: Facebook disrupts retail
Facebook’s not just for socialising with friends and family, it’s also a cutting-edge way for marketers to communicate with consumers in the most personal way possible. Here’s how…