The PLM Advantage in the Food & Beverage Industry

In the competitive and highly regulated Food & Beverage industry, product lifecycle management (PLM) can provide a competitive edge that makes the difference between product success and failure.

Food & Beverage companies are faced with many ongoing challenges that threaten their ability to compete, such as:

• Low growth and margin pressures resulting from aggressive competition;
• Complex and ever-changing regulations imposed by government agencies;
• Lack of transparency and traceability caused by complex supply chains and product structures;
• New demands originating from customers to improve productivity and reduce cost to serve;
• Renewed concerns coming from consumers in the areas of nutrition and food safety.