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CPG, Food and Beverage, Cosmetic and Personal care: a blog dedicated to NPD issues and software

Category Archives: New Product Development and Innovation

May 22 2018
clean label : how to comply ?

Making Sense of the Clean Label Concept

By | Formulation and Recipe Management, Labeling and Packaging Management, New Product Development and Innovation | 2 Comments

Clean Label is there to stay. As said by Lu Ann Williams, Innova Market Insights: “It’s not really a trend anymore, it’s the new rules of the game”. Over the past few years, consumers have been looking more and more for products with cleaner label. It has been a wake-up call for the food industry to create or re-formulate some of their products that fit in consumers' wants. This desire for cleaner label might also go in pair with actions undertaken by governmental authorities to help customers better understand what they are exactly consuming, such as the new Nutrition Fact Label set by the FDA in the US.

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Jul 19 2016
Reduce time to market

From the idea to the product

By | New Product Development and Innovation | No Comments

Due to consumer demands companies need to be able to manage their innovation projects and profit from the experience of past innovations to renew their product portfolio as often as possible. By observing the innovation as a global cycle, companies can view their project from idea to product as a cycle with individual steps that can be reproduced and used as experience for future projects.

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Jun 24 2015

Innovation in Food and Beverage

By | New Product Development and Innovation | No Comments

Competition and pricing continue to be top areas of concern for the Food and Beverage industries, and raw material costs persist as an ongoing worry. Yet, in spite of the challenges, the industry is optimistically predicting continued increases in sales, more product offerings and larger workforce through innovation.

Innovation is the new key word in FMCG. For many years, Food and Beverage companies increased growth and margins by improving efficiency in production processes. But now, productivity is not enough.

Brands compete for prime in-store real estate more than ever. For that reason, innovation, speed, accuracy and visual appeal are critical to achieve success. Indeed, innovation is an essential lever for competitiveness. Innovation is one of the best means to add value to products, to get in new market places and to best answer consumers' needs and wants. To remain competitive, it is important for companies to evaluate their business models and offerings frequently and change it if needed.

The graphic below displays the advantages of innovation in the Food and Beverage market.

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Jan 02 2015

Replay webinar: collaboration in NPD

By | New Product Development and Innovation | No Comments

Successful product innovation relies on the ability to collaborate across different departments on key business activities, such as product score-carding, product development, supplier sourcing and management, product labeling and artwork development, as well as issue management. However, collaboration can be extremely challenging. Effective
collaboration between marketing, R&D, quality, sales, procurement, and operations accelerates time to market and increases product success. Poor collaboration means fewer good ideas, less optimal decisions, slower cycle time, and greater risk.

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