LONDON--(BUSINESS WIRE)--Infiniti Research, a leading market intelligence solutions provider, has recently announced the completion of its latest success story on competitive intelligence solution. This success story provides comprehensive insights into how Infiniti’s competitive intelligence engagement helped a processed food company to better plan supply chain operations, tackle storage issues, and enhance market share by 23%.
The global processed food industry has evolved rapidly over the past few years, owing to the increasing demand for ready-to-eat food products and changing lifestyle. In addition, increase in the population of working women are expected to drive the growth of the global processed food industry. On the flip side, storage constraints, seasonal deficiency of raw materials, and transportation issues are increasing challenges for companies operating in the processed food industry. As such, processed food manufacturing companies will need to undertake cost-cutting initiatives and alter business strategies to gain a competitive advantage.
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Business Challenges Faced: The client is a processed food manufacturing company based out of North America. In order to keep up with the growing customer demand and competition, they wanted to revamp their traditional business models. In addition, they wanted to analyze their competitors’ business models and supply chain processes. They approached the experts at Infiniti Research to leverage their expertise in offering competitive intelligence solution.
Other key challenges that the client encountered include:
- High costs and seasonal deficiency of raw materials
- Inadequacy of infrastructure facilities to store raw materials
- Transportation issues
- Rising need to adopt automation processes
“Companies in the processed food industry will need to alter their business strategies to stay relevant in today’s competitive marketplace,” says a market intelligence expert from Infiniti Research.
With increasing product innovations in the processed food industry, companies will need to identify business gaps and differentiate their offerings. Our competitive intelligence experts can help you to identify hidden opportunities in the market and gain a competitive edge. Contact us to leverage our competitive intelligence solution.
The Solution Offered: Infiniti’s competitive intelligence engagement comprised of a market scanning and monitoring analysis, competitive benchmarking analysis, inventory management solution, and technology assessment.
Infiniti’s competitive intelligence engagement helped the processed food company to:
- Gather comprehensive insights into competitors’ product offerings, services, supply chain initiatives, and marketing activities
- Keep pace with US processed food market changes and demand fluctuations
- Identify areas where they performed well or lagged in comparison to competitors
- Identify cost-effective technologies leveraged by their competitors
- Better plan supply chain processes
- Enhance market share by 23%
Wondering how your business can benefit from our competitive intelligence solution? Request more information from our experts.
Request the complete success story for comprehensive insights: Competitive Intelligence Solution to Enhance Market Share by 23% for a Processed Food Company
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us