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As shopper preferences quickly shift, consumer goods companies are battling at the shelf for relevancy, and as a result, they’re seeking out partnerships that bring consumers into new categories and ...
Nestlé is looking to scale the technology for brands such as Purina, Nescafé Dolce Gusto and Nespresso across its e-commerce and digital media channels.
Between May and July 2024, participants were randomly assigned to one of four situations: An individual working without Gen AI A team of two humans without Gen AI Individuals working with Gen AI A ...
The company is working on digitizing its operations on a global scale, with research and development seeing significant transformation. In Shanghai, for example, Licht said the company’s new R&D ...
Southern Glazer’s joins other companies in the BevAlc category that are undergoing strategic portfolio optimizations. Constellation Brands recently divested its Svedka brand, selling to Sazerac to ...
The company is also automating media scheduling, using algorithms to build cohorts and space out activations. Additionally, it has digitalized its production by equipping lines with sensors and ...
Coty recently completed its ERP migration to S/4 HANA. Expected benefits include increased operational efficiency and cost savings related to automation, standardization, and more control over global ...
As part of the Agile@Scale strategy, which Alan Kleinerman, VP of global disruptive innovation, describes as the bedrock of their multi-year transformation, Kraft Heinz is identifying a number of ...
The news tracks with recent acquisitions and divestitures in the consumer goods space as companies shuffle their portfolios to maximize the areas they're winning and trim back the ones they're not.
Many executives with limited exposure to GenAI expect this technology to transform their companies overnight. That's not going to happen. Aiming too high too soon is a recipe for disappointment. For ...
As a result of these efforts, Freda expects Estée Lauder to continue seeing lowered expenses into fiscal year 2025. At the end of this period, Freda intends to retire after 16 years in the leadership ...
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