Consumer industry

OUR EXPERTISE
SECTOR KNOWLEDGE

A final good or consumer good is a commodity that is used by the consumer to satisfy current wants or needs, rather than to produce another good. A microwave oven or a bicycle is a final good, whereas the parts purchased to manufacture it are intermediate goods. When used in measures of national income and output, the term “final goods” includes only new goods. For example, gross domestic product (GDP) excludes items counted in an earlier year to prevent double counting based on resale of items. In that context, the economic definition of goods also includes what are commonly known as services. Manufactured goods are goods that have been processed in any way. They are distinct from raw materials but include both intermediate goods and final goods.

OUR PROCESS
HOW WE WORK

When LIDL approached us in 2020 to develop an IOT based solution for their retail stores, we jumped at the chance. Food is a commodity that is used by the consumer to satisfy current wants or needs, rather than to produce another good. A microwave oven or a bicycle is a final good, whereas the parts purchased to manufacture it are intermediate goods. When used in measures of national income and output, the term “final goods” includes only new goods. For example, gross

CONSUMER WORK EXAMPLES
PROJECT EXPERTISE

WHAT OTHERS ARE SAYING
TESTIMONIALS

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Anna Short

ACME

It was the dolore magna aliqua. Quis ipsum suspendisse ultrices gravida. Risus comm

Anna Short

ACME

It was the dolore magna aliqua. Quis ipsum suspendisse ultrices gravida. Risus comm

Anna Short

ACME

EXPERT OPINION AND ADVICE
INSIGHT

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