From 2004 through 2013, undeclared allergens were a leading cause of food recalls, accounting for 27.4% of all recall events. Globally, barely 10% of food and beverage products are traced, verified and certified (what are steps of transformation? who are the players? How to inform consumers?).
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Premium product segments outpacing total category sales in CPG markets shows that consumers’ aspirations and priorities are shifting. And at a time when brand strategy is inseparable from product information, providing transparency to consumers is the minimum thing to do to gain their trust and loyalty.
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If you are part of the 48% of Small and Medium Businesses (SMBs) currently planning to begin their digitalization journey or the 36% that are already on the way, we guess one of your biggest challenges is understanding and defining your own needs to identify the perfectly-fitting solution.
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After spending weeks and months designing the perfect product, it would be unfortunate to miss the transition to the production stage. And that can be done quite easily by not giving enough attention to the batch sheets. Let’s see the main failure reasons and how to cope with it.
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PLM and ERP are complementary software that works together to ensure the success of a product. Product Lifecycle Management (PLM) comes first by managing the product development and its processes. Enterprise Resource Planning (ERP) manages the supply chain including the inventory, pricing, and payments. These are used sequentially to provide the most up to date product data at any time.
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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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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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Cosmetic manufacturers and brands are subject to regulations requirements that are more and more strengthened all over the world. Cosmetic businesses more than ever, must optimize their innovation process to face:
Choosing the right solution to accompany any development is not as simple as it may seem. Whether are plenty of developments or few, choosing the right solution for the development of that proposal is no small deal.
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In this dynamic and highly competitive sector companies are required to put in place effective tools to remain competitive and innovative. With all the paperwork and communication that has to take place, there is no other way to get things done then with organisation and help from a tool that brings everything together.
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