Woxi and PepsiCo are speaking at Quirk's London this week! Join Rob Wengel and Mike Wojcikiewicz to discover how PepsiCo unlocked significantly more value out of the innovation insights they already had. #quirksevents #predictiveanalytics
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Exciting Collaboration: eMoldino & Nestlé Take on the World! We're thrilled to announce that eMoldino and Nestlé are strengthening ties! Our recent meeting at the iconic Nespresso HQ was not just about coffee; it was a brainstorming brew that's set to take our partnership to global heights. The energy and insights shared promise a future that's bright and groundbreaking for outsource manufacturing. Expanding the eMoldino Solution: Our shared vision is now a global mission. We're joining forces to bring our innovative solution to markets worldwide, revolutionizing how businesses operate and enhancing efficiency like never before. Why This Matters: This expansion isn't just growth; it's transformation. By integrating eMoldino’s advanced solutions into Nestlé's operations, we're setting new industry standards and creating a ripple effect of innovation and sustainability across continents. eMoldino offers a transformative cloud-based solution tailored for the supply chains of Fortune 500 companies in the automotive, consumer electronics, and packaging industries globally. Our platform seamlessly integrates sophisticated IIoT sensors for comprehensive data collection and harnesses the power of AI and machine learning to deliver in-depth, data-driven insights. This approach firmly establishes eMoldino as a pioneering force in the Industry 4.0 revolution. 😊Contact us to learn more: sales@emoldino.com #eMoldinoXNestle #Innovation #globalpartnership #supplychainmanagement
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Principal @ ZRG Partners, LLC | Walter James | Executive Search | Global Consumer Supply Chain Recruitment
Due to another busy week at ZRG Partners, LLC, I somehow missed my 𝑾𝒆𝒆𝒌𝒍𝒚 𝑺𝒖𝒑𝒑𝒍𝒚 𝑪𝒉𝒂𝒊𝒏 𝒖𝒑𝒅𝒂𝒕𝒆𝒔 so here's a 𝐝𝐨𝐮𝐛𝐥𝐞 𝐬𝐧𝐢𝐩𝐩𝐞𝐭 of top 𝘊𝘗𝘎 𝘮𝘢𝘳𝘬𝘦𝘵 𝘯𝘦𝘸𝘴 across 𝘪𝘯𝘯𝘰𝘷𝘢𝘵𝘪𝘰𝘯, 𝘴𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘪𝘭𝘪𝘵𝘺 & more! 🚚Unilever invest in white space markets with freight digitalisation & process optimisation ♻️The Coca-Cola Company takes plastic weight off bottles as part of sustainable packaging strategy 🏭Nestlé Purina North America opens modern manufacturing experience centre 🔁Kimberly-Clark restructures operations into 3 BUs, cutting cost & optimising Supply Chain 🚯Unilever brand Hellmann’s cuts waste & personalises meal time with AI tool 🍺The HEINEKEN Company adds AI to its internal platform helping employees locate & act on data 👷PepsiCo Quaker Oats plant in Illinois closed, due to “recall”, laying off 510 workers ☕Nestlé to invest in data science & AI innovations to fight eco challenges in coffee production 🚴♀️Few CPGs incl., Mondelēz International, Unilever, Nestlé, Haleon are handling a new DTC delivery platform 💄KIKI World gets The Estée Lauder Companies Inc. New Incubation Ventures backing in 1st funding round 👷♀️Conagra Brands close Wisconsin Birds Eye plant & lay off 252 people for “effective & efficient operations” 💰Glanbia to buy Flavor Producers (US flavour platform) for $300M Anything I've missed? 𝑪𝒐𝒎𝒎𝒆𝒏𝒕 𝒃𝒆𝒍𝒐𝒘! #supplychainnews #fmcgindustry #supplychainsustainability #supplychaininnovation
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Accenture Managing Director I Strategy & Consumer Goods Leader I Operating Models, Business Transformation, Innovation
Day 2 of CAGNY 2024 showcased the remarkable evolution of the consumer goods sector, with Karen Fang Grant providing a front-row seat to these transformative stories. The industry is on a path of significant change, highlighted by the strategic pivots of companies like WK Kellogg Co and Kellanova, and The J.M. Smucker Co.'s expansion into new categories through its acquisition of Hostess Brands. Among the myriad of transformation tales, Philip Morris International's journey towards a smoke-free future is particularly noteworthy. Their commitment has led to a pivotal moment where IQOS, their smoke-free product, has impressively overtaken Marlboro in brand significance. Who would have thought this possible. This shift not only marks a monumental stride in public health innovation but also signifies a dramatic industry transformation towards sustainability and health-conscious consumerism. The conference also illuminated other adaptive strategies, such as PepsiCo's creative expansion of the Tostitos brand and Kraft Heinz's impactful brand growth system that has significantly uplifted Heinz. Molson Coors Beverage Company' diversification efforts further reflect the industry's dynamic response to evolving consumer tastes. Further, Ingredion Incorporated's focus on plant-based and texture innovation, along with Kellanova's investment in Pringles and market expansion in Africa, demonstrate the broad spectrum of growth strategies being employed across the sector. These stories of reinvention, underscored by the embrace of generative AI and digital transformation, signal a new era for the consumer goods industry. For an in-depth exploration of these shifts delve into Karen's full Day 2 summary The narrative of traditional companies transforming into innovative leaders is inspiring and serves as a roadmap for future success. Let’s engage in the dialogue on leveraging change for sustainable growth. https://accntu.re/42L12VH #CAGNY2024 #Transformation #Sustainability #Innovation #ConsumerGoods #IQOS #cpg Oliver Grange Nick Diamond Mauro Rubin Tobias Göbbel Sjoerd van Gendt Alejandra Lugard Anupa Upadhyay Eric Weiss Tom Gowing François-Xavier O'Mahony Davide Chiarioni Maria Mazzone Caroline Groll (fd Holm) Steven van den Bosch Tara Burns
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“We want to bring innovation that is truly disruptive in the marketplace. So, we want to do less things and do it more disruptively.” The consumer packaged goods market experiences some of the fiercest competition in any industry and marketplace, without question. But even if the good or service you sell is far from the grocery shelves, there is much to be gleaned from the success of the biggest movers and shakers in business – and their approach to innovating. This recent Food Business News article on Kraft Heinz Co.’s innovation strategy sheds some interesting light on the disruptive innovation its CEO (quoted above) has sought out in recent years to stay in line or above the competition, in both visible and invisible to consumers. We see this challenge a lot: organizations looking to stay relevant for the customers but are stuck reinventing their current product lines. I appreciate how Kraft Heinz is adopting a less-is-more approach — this can be very effective. What’s your take? Comment below to share! #innovation #movewithpurpose #intentionalinnovation
Kraft Heinz on LinkedIn: The visible and invisible sides of Kraft Heinz’s innovation strategy
linkedin.com
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Helping the world’s leading brands identify and solve consumer problems via insight, empathy and positive innovation.
Does skunk work innovation require work approaches to insight? We believe so. With innovation firmly on the agenda at Diageo, and the announcement of a breakthrough team filling LinkedIn newsfeeds - it is worth revisiting Clay Christensen’s hot take from a few years ago. He regularly commented that big corporations are always going to struggle to create 'empowering' innovation that disrupts business models and creates new markets. Ultimately big business tends to stifle this sort of innovation; it's simply not in the interests of the business to disrupt its own model. Birthing a bigger but cannibal opportunity takes extreme bravery. Prof. Christensen suggested one answer was to establish a separate 'incubator' unit (think Lockheed Martin's Skunk Works; Xerox's PARC; United Distillers' Callitheke). Cue ZX Ventures, Distill Ventures and a string of other hybrid approaches. At Brand Genetics we believe this agile approach to seed and post seed demands different strategic steers from insight partners. There is a reason that the startups taking your market share were not built in a focus group. We have spent years developing our observational and in situ research techniques - many directly designed around Clay’s Job To Be Done theory and in partnership with the early wave FMCG accelerators. Combining validated behaviour change frameworks with the agility needed for true test and learn research has become a passion for the team. From house parties to homesteads we have been helping businesses understand why, highly focused on uncovering the true #JTBD. As only when you understand why can you hope to change behaviour - after all is that not the core aim of step change innovation? The fact that breakthrough is back in the vocabulary is music to our ears - now is the time to ensure your insight approach matches your ambition! #innovationhub #consumerinsights #consumerbehavior
Diageo launched its breakthrough innovation team last month, which will focus on creating innovation beyond “liquid in a bottle”, something that director Guy Middleton says is crucial for its growth. https://lnkd.in/eeiWxefC
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#PepsiCoLabs is laser-focused on leading PepsiCo into the future by embedding cutting-edge tech into the business to solve real-world problems. The company executes on this mission by constantly piloting new innovation targeted at different areas of its organization. So - when Augury entered PepsiCo's machine downtime pilot program and applied its AI-driven Machine Health solution in a live environment that was tailored to PepsiCo's needs, Augury didn't disappoint. Thus kicked off a long-standing partnership. However, a successful alliance isn't a one-and-done deal. Read Kate Vitasek's Forbes article below to glean 5 lessons PepsiCo and Augury learned to avoid pilot purgatory and see incredible results (hint: 4500 hours of downtime saved!) https://lnkd.in/eUqKd58B
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To all my friends on the other side of the pond- if you are at London Quirks today check out this awesome discussion with Kevin H. and Pernod Ricard around Fueling Disruptive Innovation! +Dig Insights
We’re at Quirks London today in conversation with Pernod Ricard speaking about Fuelling Disruptive Innovation in the RTD beverage market. Catch Kevin H. and Stuart Shapiro to discuss: - Why the Pernod Ricard team have zeroed in on RTD as a growth opportunity - The story behind effective RTD innovations around the globe - How and why the RTD team leverages a centralized approach to innovation research - The lens through which Stuart thinks about global vs local innovation (and the importance of both) See you soon!
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PepsiCo has recently made several announcements in their press releases. They announced that the first-quarter 2024 financial results will be issued and made available on April 23, 2024. This information will be posted on the company's website, including various materials and links for investors. Additionally, PepsiCo is relaunching its Greenhouse Accelerator Program: Juntos Crecemos Edition. This program is aimed at supporting Hispanic-owned consumer packaged goods (CPG) food and beverage start-ups. It provides funding and expert guidance from PepsiCo to help grow these businesses. Moreover, PepsiCo is unveiling a new look for its Pepsi® brand, marking its first major global redesign in fourteen years. This redesign is being rolled out across 120 countries worldwide. The launch includes digital installations showcasing the new Pepsi® globe logo at iconic global locations, symbolizing the brand's entry into a new era. These announcements reflect PepsiCo's ongoing efforts in financial transparency, support for innovative start-ups, and brand evolution. Press releases: (https://lnkd.in/gEHz6df7) [oai_citation:2,PepsiCo, Inc. (PEP) Latest Press Releases & Corporate News - Yahoo Finance](https://lnkd.in/ge2w5VaX).
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Founder, Beardwood&Co., Branding Agency. EY Entrepreneurial Winning Woman, C-Suite Consulting, Speaker
If you want your brand to grow in 2024 and beyond, invest in innovation
Brand and Innovation Strategist, C-Suite Consulting, Creative Problem Solver, Speaker, Co-CEO and Co-Owner of Beardwood&Co
TLDR: CPG Innovation is IN big time. M&A growth is still happening, but it's for "the lazy." 🤔 Bravo to Nestlé Danone The Hershey Company, for investing in smarter innovations. Protect your brand margins and build distinctiveness. Fight against private label eating your lunch. It's called investing for a reason . . . it pays off if you do it right. I've seen this inside big organizations. The M&A group has been rebranded back into an innovation incubator after years of just doing brand acquisition to drive growth. #branding #brandstrategy #brandinginspiration #cpgbrands #innovation
The key for growth in 2024 is innovation. Will more CPG companies embrace it?
fooddive.com
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Check out our latest post regarding innovation in Food & Drink! Do not hesitate to message me if you would like to know more.
What does innovation in food & drink look like? 👀 Mintel’s Most Innovative is a showcase of some of the most novel, disruptive and compelling products launched globally in the last year - check out these examples from Holy Perogy!, Dole Sunshine Company, Thrive Beer and Kraft Heinz, and then grab the free download for more! https://bit.ly/4aSY0lc
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