International Journal of Production Economics. Oct2009, Vol. 121 Issue 2, p313-322. 10p.
PRODUCT mixes, PRODUCT lines, RAPID prototyping, PRODUCT management, NEW product development, PRODUCTION management (Manufacturing), and PRODUCTION planning
Abstract: In food processing, market demands are increasingly important, resulting in regular introductions of new products, or special offers. Often, such an introduction or promotional effort affects demand of other products or packaging types. Here we study the effect of such correlated demand. More specifically, the aim of this paper is to study the effect of product mix variability and correlated demand in a two-stage food production system. Results from a simulation study show that increasing correlation on the product level results in an increase in average lead times. A slightly smaller effect is seen for correlation on the package level. Similar results are found for average waste. Increased variability amplifies these effects. [Copyright &y& Elsevier]
International Food Ingredients. Feb/Mar2005, Issue 1, p48-48. 1/7p.
PRODUCT lines, RAPID prototyping, PRODUCT management, COMMERCIAL products, TECHNOLOGICAL innovations, and NEW product development
Reports on the announces of Enzymotec of a breakthrough technology following three years of research together with Prof. Yuval Shoham at Technion Institute, Israel. Name of the technology; Potential of Lipase II to deliver superior nutritional and therapeutic benefits; Usage of basic fat or oil as carriers.
PRODUCT management, RAPID prototyping, NEW product development, INDUSTRIAL research, PRODUCT lines, GROSS income, and PROFIT margins
The article presents ways to consider in evaluating a new product for incremental growth. It includes the need to determine whether a new product is relevant to one's core consumers. Another is considering the sales and profit per square foot implications of stocking the item. It added the need to consider the incremental gross margin a breakthrough product line can generate.
BUSINESS planning, NEW product development, PRODUCT management, PRODUCT lines, INDUSTRIAL research, and RAPID prototyping
The article discusses how Anheuser-Busch introduced more than 80 new products and line extensions in 2007, but in 2008 the company is planning to tone down the approach. Anheuser-Busch indicated that they will continue to release new products, but they promised new SKUs will be backed by information collected over 15 months about consumer beverage choices based on occasions, taste and need stats.
The article provides information about the beverage XLC by New Attitude Beverage Corp. It reports that seeing that consumers were not responding to its low-carburetor image, New Attitude Beverage Corp. dropped the "Low zone" sub-brand name in favor of the beverage XLC. The XLC product line will extend to 18 fruity flavors by summer 2005, including pomegranate-mango, mandarin lemonade and prickly pear soft lemonade. Targeting health, convenience and foodservice channels, the new single-serve 12-ounce glass size retails for 99 cents to $1.29 per bottle.