Reducing Time-to-Market Challenges
The timing of a product launch is nearly as vital as the product’s quality. Delays in launching can deeply cut into profit margins, lessen a company’s competitive advantage, and damage its reputation. Understanding the financial repercussions of time-to-market involves not just number crunching but also strategic foresight and careful planning to stay relevant and profitable. […]
The Usage of AI in Supply Chain: Revolutionizing Efficiency and Quality
In today’s rapidly evolving business environment, Artificial Intelligence (AI) is not just a luxury but a necessity, particularly in the supply chain sector. A recent episode of GrowinCast, a podcast by GrowinCo., with Raphael Traticoski and Nilay Parikh, CEO at Arvist, provides profound insights into how AI is transforming the supply chain, especially within the […]
Easter Challenges: The Soaring Cocoa Prices for Candy Manufacturers
As Easter approaches, candy companies are busy with a heavy pressure from economic challenges, mainly caused by the soaring prices of cocoa. The difficulty looms to disrupt the traditional Easter candy production enthusiasm, making the industry to re-evaluate its strategies in supply chain, particularly the utilization of co-packers and co-manufacturing arrangements. The Cocoa Price Challenge […]
Co-Packers: A Gateway to Growth for Your Manufacturing Industry Company
In the fast-paced realm of the Consumer Packaged Goods (CPG) industry, manufacturing companies constantly seek efficient, scalable, and cost-effective ways to bring their products to market. Amidst this backdrop, co-packers emerge as a pivotal element, providing a bridge between innovative product ideas and the consumer market. Understanding the role and benefits of co-packers can unlock […]
ESG vs. Savings: Where to Place Your Bets for Sustainable Success?
In a world where sustainability is no longer a buzzword but a fundamental aspect of doing business, the choices we make in procurement have far-reaching implications. Last week, we had the privilege of participating in the 20th Live University Procurement and Sourcing Forum, in São Paulo, Brazil. The event gathered industry leaders to explore the […]
The Innovation Paradox in CPG
Innovation is a double-edged sword in the consumer packaged goods industry. While it is a driving force behind growth and competitiveness, it also presents a unique paradox. This paradox stems from the need for CPG companies to balance innovation with the inherent challenges of the industry, such as regulatory constraints, consumer preferences, and supply chain […]
How to Build an Effective Co-Man Contract
Co-manufacturing can be a valuable strategy for CPG companies of all sizes. For new CPG companies, it can help them get their products to market without having to make a large upfront investment. For CPG companies that are expanding into new markets, it can help them quickly and easily ramp up production. And for CPG […]
Driving Quality: 44% of CPG Industry Leaders Embrace Digital Transformation
Titled “State of Smart Manufacturing: CPG Edition,” this global study comprises insights from 216 key leaders within the CPG industry, hailing from 13 prominent manufacturing nations. The study casts a wide net, encompassing manufacturers across diverse sectors like home and personal care, as well as food and beverage, delivering a panoramic view of the CPG […]
7 Proven Methods for Cost Reduction in Food Manufacturing
Reducing costs in food manufacturing without compromising product quality is achievable through various strategies. By addressing waste and inefficiencies, not only can money be saved, but the overall process and product quality can also be enhanced. Employing technology at key stages, implementing preventive maintenance, and other measures are instrumental in cost reduction within the food […]
What is co-manufacturing, co-packer and co-man?
In today’s competitive business environment, companies are constantly looking for ways to save money and improve efficiency. One way to do that is by outsourcing manufacturing, product development, and other business functions to third-party companies. There are many different terms used to describe these third-party companies, including co-packers, co-manufacturers, and co-mans. In general, these companies […]
