New product innovation for F&B producers

The food and beverage manufacturing industry generates billions of dollars in revenue every year – and is poised for explosive growth as consumer demands for clean labels, traceability and sustainably sourced products continues to intensify.

In order to increase market share, organizations must operate at optimal capacity – that means quick to market reaction and employing best practices to streamline operations while embracing every opportunity to obtain a competitive advantage.

Transparency supports innovation and compliance

Transparency throughout the supply chain makes it far easier to comply with regulatory laws, rules and guidelines.  Innovative process solutions, like PLM, provide central storage and specifications management that accurately integrate and provide cross-functional support for the most complex aspects of recipe-based product development.

End-to-end traceability empowers food engineers and research and developments teams while delivering opportunities to scoop up fresh, seasonal ingredients, support replenishments, rapid-launch recipe trials – leading to amplified ROI and significantly increased market share.

Spreadsheets stifle innovation

Organizations that employ traditional supply chain processes involving spreadsheets and antiquated change-cycle procedures simply cannot compete with manufacturers who deploy SpecPage’s innovative process solutions.

Harnessing the power of the SpecPage suite of solutions will support and enhance recipe-based production from ideation, to research and development, inception, recipe integration, regulatory compliance, auditing and reporting.

First steps

Every journey begins with a single step – and for food and beverage producers who seek to grow and thrive in a very competitive industry, the first step must be a comprehensive analysis, a clear map of your data, including:

  • Ingredients
  • Suppliers
  • Buyers
  • Energy consumption
  • Hazardous materials and waste

Once organizations have the right information, a detailed risk assessment can be performed to identify areas where you can increase innovation for research and development and new product offerings.  SpecPage is proud to be the only product lifecycle and product data management process solution provider that is dedicated exclusively to the food and beverage industry.

2019-06-07T09:42:30+02:00Blog, Compliance, Food IT|
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