RETAIL, WHOLESALE, AND FOOD & BEVERAGE

The US retail, wholesale, food and beverage industry is in a period of dramatic disruption.

In the retail space, companies are positioning or reinventing themselves to meet the needs and wants of the “empowered” consumer.  As companies re-think their physical presence and respond to increasing e-commerce sales, jobs are being shifted or lost altogether.    Supply chains are being stretched.  Network interruptions have serious operational and financial consequences .  

A similar experience is occurring in the restaurant industry as customers increase their demand for quick and convenient food delivery services, “clean” ingredients and the use of technology and AI throughout their operations.

 As the food and beverage industry becomes increasingly competitive, companies are becoming more dynamic to align their business models with a more sophisticated customer base. These changes include incorporating global supply chains and investing in technology including block chain, autonomous trucks, and more. 

These new ways of thinking and approach to business will have significant benefits for the Retail/Wholesale, Food & Beverage industries but also come with significant risk, including:

 cyber exposure, employee and customer injury, disruptive natural and man-made events, employment practice liabilities,  product contamination, and meeting a myriad of legislative and regulatory demands

Marsh’s Retail/Wholesale, Food & Beverage Practice provides the deep expertise needed to manage today’s risks and identify those that are on the horizon.

Using industry-leading analytics and benchmarking tools that give your senior leaders a holistic view of risk, our risk practice and consulting teams can help you move beyond simply managing risk to unlocking opportunity.

The result? A risk management program that helps you reduce total cost of risk, better allocate capital, protect your balance sheet, and improve overall profitability.