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To help good manufacturers survive market competition, Lascom helps them evaluate their business models and offerings frequently through solutions like Market Brief and Brief Generator. Additionally, their Project Review Management offering helps customers to select the best ideas from various industry information sources to quickly innovate and engage in new product development (NPD). The firm’s compliance management solution also aids organizations to comply with multiple regulations for data management and documentation attached to their products.
In one instance, Monin, a global leader in producing premium juice syrups for making cocktails in bars and hotels approached Lascom to retain their brand presence and business growth as well as manage their extensive and dynamic product portfolio. The customer, being very trendy, had to replace nearly 33 percent of the company portfolio to keep up with the fast changing cocktail trends every year. The renewal process was challenging, requiring huge efforts to handle their businesses globally and in 76 languages and nearly six regulatory systems. Lascom was selected to accomplish the task for its regulatory intelligence embedded module, allowing the global company to manage the complex, multi-national regulatory environment in which they operate, streamlining quality compliance in the NPD process.
The client success stories of the company stand as a testament to its strong hold in the food and beverage industry. Lascom has etched an immutable stature across this segment, by serving food service and retailers to improve NPD, product management, and supplier collaboration. For the future, the company is heavily investing on research and development projects to continuously upgrade their offerings and define better ways to cater to the needs of customers.
- Jean-Christophe Calmejane, Executive Director