In early 2024, Nissin Foods will be introducing new paper packaging for its Cup Noodles, replacing the current polystyrene cup – a design that has been in place since the product launched in 1973.
Coca-Cola is accelerating its digital B2B platforms for better tailoring of product, price, and packaging architecture, which are expected to reduce out of stocks and optimize physical inventory placement.
Three consumer goods companies — Under Armour, McCormick, and Lemon Perfect — are looking to strengthen their supply chain efforts, starting with changes at the top. The companies have all announced new chief supply chain officers.
For consumer goods manufacturers, leveraging data and analytics in the development of the right immersive and distinct experiences is just the first step; properly disseminating these insights across the enterprise to unlock their potential is just as critical.
Late summer, a public IPO filing from Instacart revealed an investment from consumer goods company PepsiCo. Now the company shared details about how it hopes to reap the rewards of its $175 million-dollar backing.
