How Food Manufacturers are Maximising Product Development Efficiency for Long-term Growth
According to an Australian Food & Grocery Council (AFGC) report, past strengths may not be enough to ensure long-term resilience and growth due to high manufacturing costs and lower R&D spending. In this fiercely competitive landscape with evolving market conditions, prioritising innovation and eliminating inefficiencies throughout product development becomes crucial for enhancing competitiveness and improving profitability. […]