Dassault Systèmes has launched its Perfect Product industry solution experience for consumer packaged goods companies to help them streamline their product development processes.
Based on the 3DEXPERIENCE platform, Perfect Product brings together consumer insights, formula discovery and design, regulatory compliance and product specification management into a single platform.
This enables multiple functions inside and outside the enterprise to collaborate in real time, helping to accelerate formula development, optimise costs and virtually eliminate product recalls related to formula non-compliance.
Dassault has said that in a crowded marketplace where over 80% of new product introductions fail within their first year, discovering breakthrough molecules by evaluating benefits through scientific simulation in silico translates into accelerated time-to-market, increased sales and clear product differentiation.
“Our business platform unifies fragmented people, processes and systems,” explained Philippe Loeb, vice president of the Consumer Packaged Goods and Retail Industry at Dassault Systèmes. “This can result in improved quality, in reduced sourcing and launch costs by up to 30% and in shortened development time by up to 20%.”
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