For everything there is a season, as those in the Food and Beverage Industry are keenly aware. In parts of the world, harvest season is here; for others, it is spring planting. And, as 2018 coasts to year-end, it is also the season for summarizing achievements and setting new goals. Eager to capitalize on the growth momentum, F&B companies will soon be planning 2019 budgets and prioritizing the major initiatives for the coming year. With many game-changing innovations now available, companies should start early to strategize on the technology investments that will be key to seizing new opportunities.
Introducing new products is one of the most important ways companies can take advantage of the changing trends and consumer interest. Yet, successful new product introductions and business transformation require more than innovative R&D, creative marketing, and focused sales execution. Modern ERP solutions, updated to the current release, give companies the necessary data and market insights to respond quickly to change — whether developing a new product for a specific demographic or changing formulations to include a plant-alternative for protein.
Read this blog by Mike Edgett, Industry & Solutions Strategy Director of Process Manufacturing at Info.
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