15 November, 2022

Optimize Ideation, Costing and Formulation with PLM

Developing a food and beverage product is not a linear, straightforward process, and teams have to balance different elements such as nutrition, trends, costs, ingredients and allergens. This involves bringing together inputs from many different stakeholders along with multiple recipe revisions, adjustments to costing models and tweaks to nutrition profiles.

Food and beverage teams need greater visibility, real-time data and effective collaboration tools to overcome ideation, formulation and costing roadblocks.

Read our guide to common new product development challenges to learn how Product Lifecycle Management (PLM) solutions enable food and beverage businesses to:

  • Collaborate on one platform using real-time data
  • Capture product ideas as they develop
  • Improve cost comparisons, planning and forecasting
  • Manage complex, branching formulas
  • Optimize visibility to enhance decision-making

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