| Research
shows that 90 percent of new products launched in supermarkets
do not survive more than two years. The cost of failure runs into
billions.
We believe we can show
you some ways to improve your success rate, so subscribe
now.
It's free for 12 issues.
Anyone who develops new
products for a living must be aware of a multitude of influences.
Acknowledging this, we cover
scientific
discoveries
consumer
trends
product
design and formulation
engineering
technology
process
engineering
manufacturing
filling
and packaging
logistics
and distribution
retail
merchandising
end
of life disposal
Then there are the legal
and regulatory issues, such as safety and labelling, as well as
intellectual property rights, brand management, competition and
international trade that we have to take into account.
But it all means nothing
without the creativity and insights of men and women who can put things
together in new ways to create new products that improve our lives.
We celebrate those
people.
Ian Grant
Publisher |
Bayer puts up antioxidant prices 10%
The maths of life
M&S to save £20m/y on non-food logistics
Boots amputates Wellbeing for financial health
Arla takes Express route to No 1
Spam to be chopped
Price rise
Bayer puts up antioxidant prices 10%
German chemical giant Bayer has raised prices of its
Vulkanox antioxidant by a minimum of 10 percent with immediate effect,
citing the increasing cost of raw materials, especially toluene.
Vulkanox is a sterically hindered phenolic antioxidant
primarily used in rubber, latex, paints, ABS (acrylonitrile-butadiene-styrene),
PVC (polyvinyl chloride) and POM (polyoxymethylene), for example for
automotive parts, tires, gloves, balloons, conveyor belts and
rollers.
Bayer Chemicals offers a range of cresol antioxidants
for technical applications such as thermoplastics, elastomers, fuels and
printing inks along with a separate grade for animal feed, pet food,
foodstuffs, cosmetics, fragrances and pharmaceutical applications.
Research
The
maths of life
Biologists, mathematicians and
engineers at a specially-convened workshop in Utah are exploring how such
advanced mathematical innovations can lead to a greater understanding of
how the components of life interact at levels larger than chromosomes and
smaller than populations, ie organs and organisms.
Roger Nisbet, a biologist at the
University of California-Santa Barbara, is showing a mathematical model he
uses to track energy flow through an individual organism - from its
acquisition to its use in growth, reproduction, and survival.
Such models of "dynamic energy
budgets," Nisbet says, can also improve understanding of energy
requirements of populations. The
approach may also be used to help scientists predict the consequences of
climate change.
Another example a former
astrophysicist is applying eigenmode analysis, a
standard method in astro- and geophysics, to track more closely the
chemical dynamics that determine cardiac rhythms.
Other sessions focus on how
computational tools can advance research into the biochemistry of
evolution, the causes of asthma, the prediction of epileptic seizures, the
uptake of carbon dioxide by forests, and, in vertebrates, the ability of
cells to "self-organize" into tissues and the mechanisms that
create limbs.
Details about the workshop are at http://www.math.usu.edu/~powell/workshop03.
Supply chain
M&S
to save £20m/y on non-food logistics
UK retailer Marks & Spencer has
cut from four to two the number of firms it uses to warehouse its clothes
and non-food products. The move will cost £35 million this year, but is
expected to save it around £20 million a year.
Exel will operate seven UK
warehouses while Christian Salvesen will continue to manage its current
three UK warehouses. Gist will continue to operate most of M&S’s
food supply chain, and Tibbett & Britten remains a partner in our
General Merchandise transport network.
Marks & Spencer is also looking
to buy the distribution centres. This “ will provide greater operational
flexibility in the future,” the company said.
Retailing
Boots
amputates Wellbeing for financial health
UK pharmacy chain Boots dream of
providing integrated beauty and healthcare services is in tatters
following yesterday’s decision to close its loss-making Wellbeing
operations
The move comes just a month after
it put Wellbeing’s dentists and podiatrists on self-employment contracts
to save costs. However, this means it can continue to offer dentistry and
footcare services in 56 UK locations.
Boots earlier decided not to pursue
its Pure Beauty idea and will close six outlets and dropped its plans to
open outlets in Sainsbury’s stores.
Along with closing its last
European outlets, the total cost is expected to be around £55 million
(£30m in asset write-offs), but will save the firm £22m/y from 2003/4.
M&A
Arla
takes Express route to No 1
Arla Foods’ reverse takeover of
Express Dairies will make it the largest dairy firm in the UK. Arla will
have 51 percent of the new company, while Express shareholders will get 49
percent plus a £28.7 million special dividend.
But overcapacity and tight margins
plague the industry. Express’s pre-tax profit in the year to March 2002
was £25.3 million on sales of £844 million. Arla UK had sales of £555.9
million in the year to September and pre-tax profit of £9.4 million.
The new company hopes to save
£22m/y after three years from synergies.
Marketing
Spam to be
chopped
The UK government is exploring ways
to prevent unwanted marketing messages from e-mails, SMS and phones (spam),
and to strengthen privacy rights.
It says spam accounts for 40
percent of global email traffic.
It wants to insist that users give
a positive “opt-in” request for information, permission to use
“cookies” and to be listed in subscriber directories.
It is likely to align its proposals
with the European Directive on Privacy and Electronic Communications. |