This topic first appeared in a presentation from our Director of PPM, Paul Cegles at our 2018 User Conference.
Recently, we sat down with Sunil Thomas, Selerant COO, to discuss the major challenges food manufacturers face in managing product costing. In our previous post, he discussed how brands can use a global formulation strategy to achieve economies of scale and quickly and costly-effectively implement product changes in response to commodity prices and market demand.
Topics: PLM, Food & Beverage, Product Formulation & Recipe Management, Product Data Management
To compete on price in the global marketplace, food manufacturers must track a huge array of cost factors across the product development steps, across markets, and across the supply chain. As brands further globalize their product lines, managing pricing decisions as part of a comprehensive enterprise strategy has become a critical need across departments.
Topics: PLM, Food & Beverage, Product Data Management
Recently, we spoke with senior management among Selerant users about how they convinced their company leadership to greenlight an enterprise PLM project and software system.
Topics: PLM, Product Portfolio Management, regulatory compliance, Product Formulation & Recipe Management, Blog
The market wants what it wants. So, what are you going to do about it?
Product formulators in cosmetics companies are now more than ever overwhelmed by the influx of consumer and market-driven demands for new products.
From more sustainable packaging design to virtual makeup application experiences, consumers want and need more from cosmetics companies. They expect these demands to be met, and quickly.
Topics: PLM, PLM for cosmetics, Cosmetics & Personal Care, Blog