The fastest path to formula optimization and compliance
Investor pressure is mounting for companies to drive sustainable growth and increase profits with the same or fewer resources
Drive profitable growth in an era of unprecedented competition by unleashing the productivity of your organization
It is widely known in the CPG industry that the success rate on product innovation hovers around 50%. Why do many initiatives fail to reach their success metrics? Time and cost. Delays to market can jeapordize sales and mismanaging internal data and estimates can cause costs to spiral out of control.
CPG companies need to increse the success rate on innovation, they need to launch more innovation, and they need to reduce the time to market for each initiative. This means managing internal data better, establishing a platform for collaboration, and implementing a model-first strategy to reduce guesswork that can derail and slow down projects.
Connect people, data, and systems to:
|Eliminate the internal silos that can create friction and roadblocks for collaboration.||Digitize internal data so that it can be reused and repurposed easily for launching in new/more markets.|
|Reduce time to market and lower costs by leveraging virtual technologies.|
As the pressure from shareholders and competitors rises, it's more important than ever for companies to get innovation 'right the first time'. This means launching projects on time and below cost parameters. In order to do this, decision-makers need to be working with the best information.
The 3DEXPERIENCE® platform is a single integrated environment that enables project teams to collaborate more easily and provides powerful simulation models to drive costs out of product recipes, packaging materials, and logistics approaches. When everyone has immediate access to the right data, decisions get made more easily, projects flow faster and success rates increase.
Learn more about how our industry solution can help you accelerate and optimize CPG product innovation and strengthen competitive advantage
General Mills France uses 3DEXPERIENCE® platform to co-create the best merchandising strategies with their Retail partners to drive successful product placement and maximize sales.
Perfect Shelf brings a new and innovative approach to category management that helps us present our new products in the most attractive way possible.