The innovation story in food & beverage (F&B) has remained the same over the last decades: consumers demand new products continuously, regulations are constantly increasing, competition is fierce and success rates are low. Leading F&B companies have increasingly been turning to product lifecycle management (PLM) solutions to increase their odds of getting high quality, compliant products to market quickly.
However, innovation efficiencies are limited by the inability of earlier PLM applications to concurrently manage the product development cycle for the discrete and formulated parts of the product. Tasks are often performed in silos leading to:
Ultimately, compromising efficiency, compliance and time-to-market.
Global Food and Beverage manufacturer improves PLM usability and efficiency by integrating recipe prototyping and formulation management within Oracle PLM for Process. Read More.