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FOOD Processors and Private Label Retailers

IN PROCESSED FOODS, MORE THAN IN ANY OTHER INDUSTRY TODAY, INNOVATION IS THE MAJOR DRIVER OF GROWTH AND PROFITS

Manufacturers competing in this fast-paced industry must be able to effectively manage innovation to ensure growth. New products mean new consumers, the ability to enhance or add new marketing claims or make a splash with a new line extension, and the possibility of reducing costs by altering ingredients, manufacturing processes, packaging or suppliers.

Unfortunately, there are challenges in today's environment: product design is more intricate, regulatory requirements are more rigorous, quality and production processes are more complex. These obstacles help to explain why the food industry is one of the few where time-to-market for new products, line extensions, and reformulations is actually increasing (see graph below). 

The best companies have found that improved product information management and decision support tools are the starting point to realizing new sources of profitability and growth.

In response, the CPG Solution helps manage and accelerate product development projects through centralized access and control of all product development information and business processes, thus reducing costs, time-to-market, and costly errors.

Other CPG manufacturers

Other consumer packaged goods manufacturers, such as cosmetics, pharmaceuticals, nutritional supplements, etc., face similar challenges. For every new product launch, the volume and complexity of product data is constantly increasing: specifications, regulatory issues, laboratory testing, tenders, etc. As such, it becomes more and more difficult to ensure on time and error free product launch.

Lascom CPG helps companies in these sectors accelerate their business processes by allowing them to leverage and reuse their product development knowledge, captured from previous design cycles. Manufacturers can then more rapidly generate new products with a greater likelihood of commercial success. Effective collaboration is critical to the success of Design Chain processes as they involve input and decision making from functional departments across the enterprise. LASCOM CPG helps companies increase the efficiency and effectiveness of collaboration across both internal and external stakeholders.

• Lascom PLM on CSDM 2011 - Complex System Design & Management

  12/07/2011
  During the CSDM conference, Lascom presents Lascom PLM: a PLM solution dedicated to information systems to complex system management in analysis, engineering ...