Whether it’s reconditioning a product, adding a promotion, promotional gift or change of supplier, these modifications are permanent on any product. Needless to mention that all of these are necessary for a product to continue to evolve with the times as well as continue to meet regulation requirements. And in the food sector, with prices that are particularly volatile, products require regular updating.
In the traditional manufacturing world, switching suppliers takes place without modification of the products. It is sufficient to specify the characteristics of the part associated with the supplier that changes. But with the food industry, changing suppliers will often alter the recipe of a product because the characteristics (nutritional, risks, allergens …) will be slightly different depending on where it comes from.
Similarly, changing raw material prices also does not simply affect the price of the end product, due to significant changes that must be made to make the raw material. Changing price often impacts quality and therefore taste of a product.
With all of this in mind, the modification file is completely integrated into Lascom CPG in the calculation of receipts. Thus, the modification made on a product is not simply made up of an impact analysis and a replacement on the products monitored, but all the revenue impacted is also recalculated.
The Lascom CPG formulation tool can be fully automated to recalculate all the recipes impacted by a single change, whether a change of raw material or a recalculation of all prices in the product portfolio.
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