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Building sustainability into the product lifecycle

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The Langham, London

1C Portland Place

London

W1B 1JA

United Kingdom

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Breakfast Meeting - 08:00am to 10:30am

Building sustainability into the product lifecycle

Consumer concerns about pollution and global warming are growing. And with this, consumers are increasingly favouring sustainable brands. In fact a study by Unilever in 2017 showed that a third of consumers are now choosing to buy from brands they believe are doing social or environmental good.

With a rising demand for sustainable products, companies are trying to maintain revenue growth but at the same time decouple that growth from environmental impact. Growing revenue sustainably is hard but not impossible, especially when digitalisation is used to enable innovation and efficiency.

The need to embrace sustainability is particularly strong in the Consumer Packaged Goods (CPG) sector. For example, much of the plastic found in the ocean comes from consumer goods packaging – plastic bottles, food containers and food wrappers, along with plastic grocery bags.

Unfortunately recycling this plastic isn’t always the answer. Some CPG plastics such as polystyrene have little or no commercial recycling value. Others contain toxins that mean recycling is impossible. And some items such as plastic bags cause damage to recycling machinery. Instead industry needs to look at ways of drastically reducing the use of single-use, disposable plastic.

One way of doing this is to reduce the amount of plastic used in packaging. But this can affect the customer’s experience of a product. A thinner plastic bottle might deform for instance, making it harder to drink from. Digitalisation can help here: digital simulation of new packaging can identify potential problems before new designs go into production.

Digital simulation has other benefits too. If you can avoid the need to create costly and time consuming physical prototypes, you can speed the time to market for new products.

Attending this briefing will show people leading Consumer Products and Retail teams how to develop and manufacture products more sustainably to ensure they keep meeting the overall necessity of delivering shareholder value while at the same time responding to consumer and governmental concerns about environmental impact.

Join us to learn how CPG manufacturers and retailers can deliver sustainability at the same time driving profitable growth, provided they are ready to adapt quickly and embrace smart innovative solutions.

During the briefing we will discuss key industry challenges around:

  • How can CPG companies and retailers work for a more sustainable future while at the same time maintaining appropriate levels of profitability?
  • How can companies use digitalisation to offset the additional costs that come with manufacturing products in a more sustainable way?
  • How can companies best track and respond to constantly changing consumer demands while at the same time avoiding unnecessary waste from failed product innovation?
  • Where in the product development value chain can digital techniques such as “digital twins” be used to reduce potential environmental impact while at the same time maintaining efficiency?
  • How can digitalisation enable companies to achieve an increased speed to market without sacrificing sustainability?
  • How can sustainability be realistically gauged taking account of any downsides (such as increased food waste) as well as benefits (such as reduced plastics use)?
  • Is there a trade-off between sustainability and quality or consumer acceptability and if so how can this trade-off be best managed?

Who’s invited?

This briefing is for anyone investigating what sustainability means to their company. Delegates will work for manufacturers of consumer packaged goods or retailers with 500 employees or more. In particular it will be of interest to: Heads of R&D, product development and technology; Head of quality and compliance; Supply chain and sourcing directors; Heads of manufacturing and facilities; Category and Product segment directors; and Brand and Marketing directors.

Registered attendees include:

innocent ltd - Group Supply Chain Director
Charles Tyrwhitt - Director of Global Supply Chain and Merchandising
Charles Tyrwhitt - Director and Buying and Technology
Fortnum & Mason - Head of Fresh Food Buying
Velcro Companies - Head of Global Supply Chain, Consumer
Nando’s - Head of Sustainability

Join this discussion to discover how to meet the challenges created by complex consumer behaviour to open new routes to profitable growth. Be one of 12 senior business professionals around the table at The Langham Hotel where you can ask questions and share thinking on the issues facing your business.

This breakfast meeting is brought to you by Business Reporter, in association with Siemens PLM and is only for senior personnel, as mentioned above. Registrations of junior professionals, consultants, solution providers or other sellers to this market won’t be accepted.

For any enquiries, please contact Harry via 020 8349 6500 or harry.p@business-reporter.co.uk

This breakfast briefing is free of charge to attend. However, if you cancel your attendance less than two weeks before the briefing, you will have to provide a replacement of equal seniority otherwise you will be a subject of £150 cancellation fee. Please also note that when you register we will ask you for your corporate email address, which we will share only with the event sponsor(s). Please see our privacy policy.

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Location

The Langham, London

1C Portland Place

London

W1B 1JA

United Kingdom

View Map

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