The Outsized Benefits of Analytics Reporting in the Innovation Phase of New Product Development

Posted by Selerant on Dec 18, 2019

Consumer packaged goods companies typically have 400-500 projects or products open at a single point in time. Without the right tools, tracking and visibility across an entire portfolio becomes a constant challenge. 

People have to collect data across multiple siloed departments, from off-line folders, documents, and dashboards, to answer their most pressing questions – Do we have the resources required to support the projects? Are we getting the ROI we need to meet fiscal goals for the year? Are we on track to meet our hurdle rates? Do we need to add more projects? Can we redirect the ones that aren’t on track? 

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Topics: Product Lifecycle Management, Food & Beverage, Product Portfolio Management, Cosmetics & Personal Care, Specialty Chemicals, Blog

3-Step Method to Business Process Re-Engineering for Food Manufacturers (Including Examples)

Posted by Selerant on Aug 20, 2019

This topic first appeared in a presentation from our Director of PPM, Paul Cegles at our 2018 User Conference.

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Topics: Product Lifecycle Management, Product Portfolio Management, Blog

How Maximum Consumer Awareness is Driving Minimalist Formulations for Cosmetics Brands

Posted by Selerant on Apr 17, 2019

More than ever before, modern cosmetics consumers are savvy about what ingredients they want to see in the cosmetics and beauty brands they use, down to the ingredient level.

The demand for green products that have minimal impact on the environment (both through the sourcing and manufacturing processes) as well as a minimal negative impact on health and wellness is drastically changing the type of ingredients consumers choose and expect to see on cosmetics labels.

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Topics: Product Lifecycle Management, Product Portfolio Management, Product Formulation & Recipe Management, Cosmetics & Personal Care, Blog

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

3 Ways Cosmetic Manufacturers Can Drive Portfolio Expansion in 2019

Posted by Selerant on Mar 20, 2019

For cosmetic manufacturers, creating competitive, modern product portfolios depends on how rapidly internal departments can capture and capitalize on shifting consumer trends in real time.

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Topics: Product Lifecycle Management, Product Portfolio Management, Cosmetics & Personal Care, Blog