Food and beverage, cosmetic and retail industries
The Consumer Goods Forum (CGF) – a network of 400 members across 70 countries – has urged food companies to simplify food date labels by 2020 in an effort to reduce consumers’ confusion related to “used/sell by” dates, and to prevent food waste. CGF has, among its members, some of the biggest manufacturers and retailers in the world, such as Tesco, Walmart, Target, Campbell Soup and Unilever. In a recent article, they highlighted their project and commitment.
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Packaging has become, throughout the years, a significant component for manufacturers when it comes to new product development or renewal. It has evolved in several ways; manufacturers uses it as a way to create consumers’ demand and make a product more appealing. Consumers sees it as a way to get more information or quickly define product quality.
Packaging global market keep increasing as specialists expect a growth of 32% until 2021. With an expansion market, consumer changes and new regulations, here are some trends to keep an eye on in 2018.
Lipstick is an iconic part of the cosmetics industry. Constantly being renewed and innovated, lipstick has changed significantly over the centuries and has also changed in what it represented.
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The U.S. Department of Agriculture – USDA is often confused with the Food and Drug Administration –FDA, due to some similar regulations such as product’s traceability and safety. However, there are some major differences to be highlighted between the two.
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The consequences of a misguided change can be serious: thousands of unusable packaging, a failure to comply with regulations, and in the end a large amount of funds lost.
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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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Innovation is constant in the Cosmetics industry. Brands have to renovate their products to continue being in line with consumer demands. Consumers are getting more and more attentive to quality, effectiveness and immediate results.
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If you have already sold products in the United States, you must know that the Food and Drug Administration (FDA) regulates all products containing more than one ingredient. FDA is the authority on product regulations for the internal and external safety of their consumers. They set up rules and make sure they are respected for all products sold within the United States of America and exported abroad.
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![Blog post - how to accelerate product innovation[4395]](https://www.inno-foodproducts-brainbox.com/wp-content/uploads/sites/7/2017/09/Blog-post-how-to-accelerate-product-innovation4395.png)
Product life cycles are getting shorter as the world market becomes more and more competitive. Therefore, being early in the development and marketing of a new product can be a serious competitive advantage as well as a financial one.
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Along with summer comes the beach, the sun, and naturally, sunscreen. The miracle cream that prevents everyone from that horribly burned skin after a wonderful day of fun in the sun. But what exactly are the regulations surrounding this cream? How is SPF regulated and maintained to guarantee protection for everyones skin?
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