In the face of increasing raw material costs, many consumer packaged goods manufacturers can look to product specifications as an area to drive efficiency and savings. If these product specifications are not managed effectively, they could end up impacting margins.
But imagine if you could source for raw material equivalents that deliver high performance while being cost-effective. This is part of a digital solution that enables consumer product companies to share data based on a single source of truth, so that the entire enterprise can access all ingredient, material and costing information globally. The result: Optimized material substitutions and procurement savings.
Just ask our CPG customers who have seen real results in smart material sourcing on the 3DEXPERIENCE® platform. Now, it’s your turn. Here’s how your digital transformation journey can take place:
Address rising raw material costs without sacrificing quality
One source of truth for qualified material equivalents
Optimize sourcing and reduce spend pools up to 15% per year
PLAY VIDEO: See how a global food and beverage manufacturer optimized product specifications
Follow the journey of a multinational food and beverage company as it transformed its operations for optimized materials sourcing and specification management. With the 3DEXPERIENCE platform, the company gained quick visibility of all the ingredient and sourcing information used in its broad portfolio of products.
Achieve Smart, Structured Product Specifications
Deliver cost-efficient, sustainable and compliant products with a smart, data-driven product specifications approach.
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Manage product specifications the digital way
Learn how to optimize your product specification results with a digital approach that reduces rework and iteration loops.