ICCG BLOG -3.jpg

How To Navigate Volatile Ingredient Prices With Least Cost Formulation

Posted by Harriet Schneider on Feb 22, 2018 8:00:00 AM

Commodity prices have been driven down by a number of factors in recent years, including currency fluctuations, lower oil prices, and the traditional forces of supply and demand. In an unpredictable food & beverage industry environment like this, least cost formulation becomes an essential, ongoing process, not a one-time calculation.

Read these four ways to use least cost formulation.

shutterstock_88798642.jpg


 

  • Run optimizations early in the R&D process;
  • Take advantage of a multi-variable optimization tool;
  • Incorporate label management into your formulation process;
  • Continually assess formulations in the context of current ingredient availability.

Complete the form on the right to download this content.

Ready to prepare for tomorrow’s challenges? Download the paper to get started. Need help? ICCG can provide information on Infor M3.

 

Topics: Food & Beverage, Infor M3

About ICCG

Welcome to our Blog - ICCG Insights!

Embracing thought leadership as a pathway for growth, represents the true spirit of progressive change that will make a difference in technology-driven industries. As a consulting company, ICCG customers look to us as their value-added resource. They expect us to be proactive about solving their immediate challenges and we don’t take that responsibility lightly. It is this that drives us to share our best practices, knowledge-base, years of experience, and tried and true methodologies. These have been the hallmarks of our corporate brand.

Subscribe to Email Updates

Recent Posts