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Food and beverage, cosmetic and retail industries
News, information and comments about food and beverage manufacturing, food service, retail and personal care

Improve growth and margins with PLM

By | Cosmetic and Food Software | No Comments

PLM (product lifecycle management) is a key element in business success. A study has shown that an effective management tool considerably helps business to not only better manage their product portfolio but also their global strategy. Having a single data repository and using it the right way helps top performing companies to improve growth and margins.

The infographic below explains the advantages of setting up a single data repository to better manage products ranges.

Improve growth and margins with PLM

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Bolthouse: efficiently manage new product development information

By | New Product Development and Innovation | No Comments

Bolthouse and Lascom to better manage NPD informationBolthouse Farms reduces delays, eliminates re-keying, and enables enterprise-wide visibility with Lascom CPG Solution
“Our goal of a single, reliable, and secure source of product information that we can all tap into has been achieved. We're very happy with the support we received from Lascom to make this project a success”
Raj Gandhi, assistant controller operations accounting at Bolthouse Farms

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Market innovation: Whole grain trend

By | New Product Development and Innovation | No Comments

According to a 2014 General Mills survey, US people eat 48% more whole grains now than in 2009. It is an impressive rise to compare with the less than 1% growth shown between 2000 and 2004. A whole grain stamp has been created and is appended on nearly 10,000 products. The whole grains movement is driving demand for ancient grains such as amaranth, buckwheat, quinoa, couscous, sorghum, teff or brown rice.

First innovation products were composed of quinoa grains. According to Innova Market Insight, global launches of new products made with quinoa rose 50% last year and among them, 38% promoted their gluten-free properties.

Bakery, breakfast cereals and snacks now account for the largest number of new product introductions composed of whole grains, with side dishes and meals gaining quickly.

whole grain trends

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Innovation in dairy product : The Greek yogurt star

By | New Product Development and Innovation | No Comments

innovation in dairy productsConsumer buying behavior has changed tremendously in industrialized countries. Food industries try their best to adapt but raw material price increases, tighter regulations, higher energy and labor cost and health scandals make the challenge extremely difficult to overcome. Most food industries and new businesses focus now on entry-level products, especially in countries with high consumer debt (USA, UK, Spain, Denmark, Europe…). Some other food industries choose to turn to quality or niche products with aggressive marketing campaigns enabling them to limit the decline in sales volumes and remain profitable. For these companies, innovation is key to keep high margins. A good example is the Greek Yogurt trend, which shows a double digit growth for a few years.

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FDA's new sanitary rules about food transportation

By | Cosmetic and Food Regulations | No Comments

food transportation new rules

Food safety and sanitary requirements are becoming tighter and food companies have to comply with numerous regulations. Recently, the FDA proposed a  new rule to reinforce standards on logistics and supply chain operations regarding food transportation. Shippers, carriers, and receivers with more than  $500,000 in annual sales will be impacted if they carry food for US consumption.

“This proposed rule will help reduce the likelihood of conditions during transportation that can lead to human or animal illness or injury,” said Michael R.  Taylor, the FDA's deputy commissioner for foods and veterinary medicine.

 

 

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How to cope with multi-regulations?

By | Cosmetic and Food Regulations | No Comments

multi regulation

It could be
extremely difficult to deal with various countries regulations when selling
globally. Even if norms and certifications tend to be international (ISO,
HACCP, OHSAS…) the majority of rules are still country specific. For example if
a Spanish company would like to expand into the USA, they would have to adapt
labeling, conform to US protocols, legal requirements, and specific regulations
about health and sanitary issues.

 

 

 

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Being innovative is not only having a great idea

By | New Product Development and Innovation | No Comments

At 2014 NRA Show (THE INTERNATIONAL FOODSERVICE MARKETPLACE), in Chicago last month, I discovered many new trends and products.

To quote a few:

– Neat® offers a new 100% veggie, soy free, gluten free meat alternative

This new product is great for intolerant or allergic consumers. Most companies know they have to enter this new market, but need to do so carefully. This innovation also surfs on the vegetarian wave. Consumers are more reluctant to eat meat than before due to recent scandals, rising cost and health concerns.

– Schmacon® is delicious crispy bacon made of beef instead of pork

A growing portion of population does not eat pork based products due to religious concerns. Innovating on this niche market allows companies to gain new consumer. Companies can increase revenue by focusing on consumers' very precise needs.

– Ice beer® responds to consumer needs and wants to have a foamy fresh beer

 

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Palm oil: The traceability challenge for food industries

By | Product Information Management | No Comments

sustainable palm oil

Talking about palm oil is very trendy. A few years ago, Greenpeace opened a new debate with the Kit Kat ads and orangutans protection event to find a solution to the palm oil challenge. At that time consumers discovered this new oil revolution. But today, the palm oil issue has been demonized and it could be difficult to disentangle fact from fiction, especially when politics use the topic to get their program approved or ecological lobbies consider industries as criminals against humanity …

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