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Product Lifecycle Management in the Food and Beverage Industry

PublisherOracle
Format188.9KB PDFDate added01 Feb 2008
Topics ERP, Supply Chain Management
Downloads57

Companies in the food and beverage industry face many challenges in managing their products and competing in the industry - including retail consolidation, ineffective innovation, increasing regulatory requirements, empowered consumers, and complex supply chains. An integrated Product Lifecycle Management (PLM) solution can streamline and improve the fundamental processes that influence the development, launch, and ongoing management of products. Best-in-class PLM solutions integrate product data and processes into a single, unified product record. Such solutions make it possible for food and beverage companies to accelerate innovation, increase profits from product introductions, reduce risks, and ultimately drive competitive advantage.

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