Managing a Global Product Pricing Process with PLM: An Interview with Selerant COO Sunil Thomas

Posted by Selerant on Aug 12, 2019

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.

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Topics: PLM, Food & Beverage, Product Formulation & Recipe Management, Product Data Management

Taking a Global Approach to Food Product Pricing: An Interview with Selerant COO Sunil Thomas

Posted by Selerant on Aug 5, 2019

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.

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Topics: PLM, Food & Beverage, Product Data Management

4 Ways Food Manufacturers Can Win on Cost, Consumer and Material Standards

Posted by Selerant on Mar 22, 2019

With consumer preference for natural ingredients changing the nutritional composition of products, food and beverage manufacturers are finding that product formulation—and the sourcing of material sourcing—needs to be as flexible as possible to anticipate market demands.

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Topics: Food & Beverage, Product Portfolio Management, Supplier Relationship Management, Product Formulation & Recipe Management

How to Take Data Governance from a Siloed Approach to a Systematic Process

Posted by Jenna Fu on Dec 18, 2018

 

From getting products to market and registered in multiple countries, to translating innovation requests into product launches and juggling the global costs of goods in a complex portfolio, process-based manufacturers aren’t just dealing with more data--they’re dealing with the need to have deeper connectivity between data systems. Implementing a comprehensive data governance plan across these initiatives can quickly turn into a trip to uncharted waters.

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Topics: Food & Beverage, Product Formulation & Recipe Management, Cosmetics & Personal Care, Product Data Management, Specialty Chemicals

[INFOGRAPHIC] 9 Things to Know About Formula-Based PLM

Posted by Selerant on Nov 13, 2018

This content originally appeared in our User Conference Day 1 and User Conference Day 2 blog posts. 

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Topics: Food & Beverage, Product Portfolio Management, Specification Management, regulatory compliance, Product Formulation & Recipe Management, Cosmetics & Personal Care, Product Data Management, Specialty Chemicals

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