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Optimize Ideation, Costing and Formulation with PLM

How Food & Beverage Companies Revolutionize NPD with Modern Tech

Explore

common NPD challenges

Learn

how tech transforms product development

Drive

speed and efficiency

Developing a food and beverage product is not a linear, straightforward process, and teams have to balance different elements such as nutrition, trends, costs, ingredients and allergens. This involves bringing together inputs from many different stakeholders along with multiple recipe revisions, adjustments to costing models and tweaks to nutrition profiles.

Food and beverage teams need greater visibility, real-time data and effective collaboration tools to overcome ideation, formulation and costing roadblocks.

Read our guide to common new product development challenges to learn how Product Lifecycle Management (PLM) solutions enable food and beverage businesses to:

  • Collaborate on one platform using real-time data
  • Capture product ideas as they develop
  • Improve cost comparisons, planning and forecasting
  • Manage complex, branching formulas
  • Optimize visibility to enhance decision-making
Get the Guide

Explore Centric’s AI market-driven solutions

Optimize each step of bringing a product to market, whether at the pre-season, in-season or end-of-season cycle. Streamline processes, reduce costs, maximize profitability and drive sustainability.

Centric PLM

Reduce costs and time to market. Improve collaboration to get products to market fast while improving sustainability with market-leading product lifecycle management.

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Centric Planning

Build and execute your Merchandise Financial Plan and develop assortments to boost margins, improve forecasting and optimize results with powerful, AI-driven retail planning.

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Centric Pricing & Inventory

Automate pricing decisions for all products across categories and channels and optimize allocation and replenishment to increase margins, revenue and sell-through.

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Centric Market Intelligence

Gain insights into competitor assortment and pricing strategies, understand consumer trends and buying behavior and spot market opportunities.

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Centric Visual Boards

Boost marketing, merchandising and design collaboration and optimize assortments with highly-visual and data-connected digital boards.

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