Food and beverage, cosmetic and retail industries
The language as well and governmental barriers of each country has made it difficult to internationalise products. In the past years, however, there has been a large worldwide mobilisation to improve labeling for consumers. Download Lascom’s White Paper here, to learn how to internationalise with ease.
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ERP systems enable organizations to plan for orders and profitability by providing manufacturers with a real-time picture of their financial status. With an ERP system in place, companies can track orders from receipt through production and delivery in order to gain a better understanding of inventory levels, delivery lead times and production bottlenecks.
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Let’s take the example of the French industrial specializing in desserts grouped under the name “Yoghurt”. In this industry, there are many ingredients for a product, and there is, therefore, a lot of information necessary for R&D to be calculated such as for example nutritional value and the cost which is why a PLM solution is essential to keep everything clear and on track.
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Safety Data Sheets (SDS), also known as Material Safety Data Sheets (MSDS), contain information on potential health hazards associated with exposure to chemicals or other substances that are Potentially hazardous.
The Safety Data Sheet specifies the composition of a chemical (substance or mixture), identifies hazards, recommends preventive measures (collective and individual) and first aid. In other words, it is a crucial piece of documentation for the health and well-being of consumers.
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Streamlining your product development process is essential to ensure that your deadlines are respected and your products hit the shelves on time. It is also important to create a smooth process as it can make the difference between the success and failure of your products. As a Food and Beverage professional, you need to implement the best practices that will considerably improve your product development, hence, minimizing the possibility of product failure.
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Formulating a cosmetic product is a long and complex process as it needs to comply with marketing requirements – shape, color, function, texture, etc. but also with regulations enforced in the country of commercialization.
As trends and consumers’ need change frequently, manufacturers and brands have to follow up and create adapted products. New products must be designed as fast as possible to satisfy consumers and face fierce competition. Teams must innovate using new technologies to create formulas and find the most efficient and high quality raw materials.
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During a product development, it is important to ensure that the specifications are accurate, from receiving the raw materials, through formulating a recipe to launching a new product. However, businesses face various challenges while trying to guarantee the accuracy of their finished product specifications. Indeed, they need to be extremely careful to use and generate the right specs at every stage of a product life cycle.
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Product compliance is one the main pain points when developing a new cosmetic. Regulations are evolving fast and it is getting more and more difficult to follow. With globalization, brands are commercializing their products worldwide, which makes the whole process even more complex. Each country, region and sometimes states implement their own rules that businesses must respect.
Regulatory surveillance is essential to ensure products are compliant wherever they are sold in the world. It concerns every single part of the finished product: chemicals used for the formula, labeling, packaging, etc.
During a product development, Food and Beverage companies face various internal and external challenges. From shorter time-to-market, through growing number of regulations and fast-evolving technologies to higher consumer expectations, every department faces its own challenges, ultimately impacting the whole product life cycle. Therefore, it is crucial to appropriately tackle those challenges to streamline and speed up a product launch. A dedicated solution is a PLM – food software – helping you simplify and smooth your product development.
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Product packaging is a significant component of the new product development or renewal process. Brands use it as a way to create consumers’ demand, as it is the only way to inform and convince them about the product function and benefits. For customers, the packaging is important, as it gives them more information about the product and determines its quality level. Interest for creating appealing packaging have clearly increased over the years; however, with the fast-evolving technologies, such as smart, active or flexible packaging, and the increasing concern for sustainability, it will become even more central.
