New Products: Here We Come!
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This month’s cover story reveals how a total PLM system overhaul enabled Brown-Forman Corporation to increase the number of new products it deliver to market tenfold — from six to 59 in just three short years. You’ll get to know some of the company’s standout innovations, like Jack Daniel’s Tennessee Honey, which just might send you on a liquor store run.
This issue also spotlights another hot innovation trend. We’ve got a number of stories (breathable caffeine, anyone?) in which consumer goods companies engaged consumer insights early in the development process to bring the perfect product to life. And any innovation-focused issue would be lacking if it didn’t include solid examples of open innovation. On Page 15, WD-40 explains how it helped consumers resolve a long-standing, rusty problem with brand new line of products. And on Page 14, you’ll read about the partnership that made General Mills’ concept for a delicious, 90-calorie brownie possible.
We hope you enjoy the content in this issue as much as we did. I can just see you now, holding a glass of Jack Daniel’s Tennessee Honey in one hand and a Fiber One brownie in the other... a much-deserve reward after the aggressive attack you just launched on your home’s problem spots with one of WD-40’s new rust-removal products. And in the morning, a nice breathable shot of caffeine awaits!