Duration: 60 minutes
Consumers are solidly in the driver’s seat. No matter how large or how small, business must adapt. In recent years, the 25 largest U.S. food and beverage manufacturers averaged only 1.0 percent annual growth…while smaller brands and private brand manufacturers grew more rapidly (4.9 percent and 4.0 percent, respectively).
Millennial consumers are demanding purpose driven brands to deliver exciting, innovative products that are good for their environments and communities. They want companies to be responsive to their needs. Increased demands are driving shorter and shorter initiative cycles. Regulators demand that companies can deliver the history of the product development, qualification and manufacture of products on the market.
Consumer Product Companies that work manually, with disconnected work processes and data storage practices can not compete with the new demands of consumers and regulators. Companies that lead in this digital revolution will be better prepared to deliver consumer preferred products, with quality and at a price that delivers top line growth and bottom line savings.
Come listen to Suzanne Kopcha, Siemens VP of Consumer Products for Siemens Product Lifecycle Management, and learn how “The Power of the Digital Thread” can help you lead in this digital transformation taking place in Consumer Products. Suzanne brings 25 years of experience enabling cultures and technologies that drive business transformation.