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.
- 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.
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