These days, food and beverage retailers feel constant pressure to get new products and line extensions to market faster than ever before. But how can they successfully balance speeding time to market with reducing costs, increasing revenue AND driving new product development? The answer’s as simple as P-L-M.
Product Lifecycle Management (PLM) not only maximizes successful product introductions, but it also enables retailers to increase variety, boost profitability, and enhance faster, more agile decision-making through one accessible digital space. Together, retailers and suppliers can leverage PLM’s single actionable source of truth to provide 100% transparency across the product lifecycle.
Watch the webinar replay and learn the secret to driving valuable visibility across the product development chain with Centric PLM for Food & Beverage.
Our industry experts demonstrated how to:
✓ Test “what-if” scenarios to take the guesswork out of costing
✓ Optimize development of supplier co-created products
✓ Handle thousands of supplier proposals by centralizing responses in one place
✓ Eliminate data entry in endless spreadsheets
✓ Reduce costly, time-consuming errors to get a wider variety of products to market faster
In fact, Centric PLM customers have already accelerated time to market and increased product margins by 38% and 21%, respectively.
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✓Enable remote collaboration ✓Increase speed to market ✓Gain visibility into product development with a single source of the truth. Seeing is believing!