Dassault Systèmes Unveils Collaborative Innovation Initiative for Consumer Packaged Goods
LOWELL, Mass, November 18, 2009 — Dassault Systèmes (DS) (Euronext Paris: #13065, DSY.PA), a world leader in 3D and Product Lifecycle Management (PLM) solutions, today unveiled a new initiative designed specifically to enable consumer packaged goods companies to increase overall organizational efficiency and cost management. Building on Dassault Systèmes’ industry-specific series of CPG Accelerators, the primary value of the Collaborative Business Processes Initiative for CPG is to accelerate innovation by promoting global standardization and re-use of intellectual property throughout the supply chain helping to generate global economies of scale, reduce cycle times and improve quality.
“With complex global business models and high volume product lines, we’ve identified greater standardization and a single version of the truth as mission critical elements for CPG companies to successfully drive innovation and overall organization efficiency,” said Rosemary Grabowski, vice president, CPG Market Development, Dassault Systèmes. “Building on our strong heritage in the CPG industry, we believe that this new innovation initiative will provide CPG companies with the additional organizational horsepower to explore new markets and take advantage of emerging opportunities.”
Organizations are able to realize a number of benefits from the initiative, including:
- Enabling global business operations and improve supply chain performance;
- Standardizing and streamline specification creation, management and use to maximize procurement power and enable significant cost reductions;
- Increasing productivity and efficiency by eliminating redundancies and accelerating time to completion;
- Ensuring validation of specification to optimize manufacturing preferences
- Maximizing the benefits of negotiated volume pricing on a global basis
- Assuring the promotion of repeatable best practices for specification request, design and approvals.
About Dassault Systèmes
Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 370,000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit: https://www.3ds.com