The Rise of Innovative Solutions in Consumer Goods
August 14, 2024, 6:54 am
In the fast-paced world of consumer goods, innovation is the lifeblood that fuels growth. Companies are constantly seeking ways to streamline operations, reduce costs, and enhance customer experiences. Two recent developments highlight this trend: Settle's new accounts payable solution and RIND Snacks' recognition on the Inc. 5000 list. Both stories illustrate how technology and sustainability are reshaping the landscape of consumer products.
Settle, a cash-flow management platform, has launched two groundbreaking products aimed at automating the calculation of landed costs for consumer packaged goods (CPG) brands. This move is a game-changer. Landed costs, which include the total expenses incurred to bring a product to market, can be a complex web of calculations. Many brands struggle with this, often spending thousands of dollars and countless hours trying to get it right. Settle's new offerings, Landed Costs and Universal Catalog, promise to simplify this process.
Imagine a world where calculating costs is as easy as pie. With Settle, brands can link bills and add expenses like shipping and tariffs. The platform then automatically calculates landed costs based on various methods. This not only saves time but also eliminates the risk of human error. Brands can now focus on what truly matters: growth and customer engagement.
The Universal Catalog is another feather in Settle's cap. It serves as a Product Information Management solution that integrates seamlessly with sales platforms, warehouse management systems, and accounting tools. This means that product information is always accurate and up-to-date. As brands expand their product lines, managing bills of materials becomes a breeze. The result? Faster, more efficient inventory management and forecasting.
Settle's mission is clear: to empower brands to concentrate on sales and customer engagement. By streamlining cost calculations and inventory management, they free up valuable time and resources. This is especially crucial as the buying season approaches. Brands can now navigate the complexities of procurement and finance with confidence.
On a different front, RIND Snacks is making waves in the snack industry. The brand has been recognized on the Inc. 5000 list as one of America's fastest-growing private companies. This accolade is not just a badge of honor; it reflects RIND's commitment to sustainability and innovation. The company specializes in upcycled snacks, using fruit rinds that would otherwise go to waste. This approach not only minimizes food waste but also maximizes nutrition.
RIND's growth trajectory is impressive. Over the past four years, the brand has expanded its distribution footprint to over 15,000 retail locations. This success is fueled by a unique product line that emphasizes flavor, fiber, and function. Consumers today are more conscious of their choices. They seek snacks that are not only tasty but also good for the planet. RIND delivers on this demand.
The recognition from Inc. 5000 places RIND among the ranks of industry giants like Chobani and Patagonia. This acknowledgment is a testament to the brand's innovative spirit and dedication to sustainability. RIND Snacks encourages consumers to "Keep it Real & Eat the Peel," a mantra that resonates with health-conscious individuals looking for better snacking options.
Both Settle and RIND Snacks exemplify the shift in the consumer goods landscape. Companies are no longer just selling products; they are creating solutions. Settle is revolutionizing financial operations for CPG brands, while RIND is redefining snacking through sustainability. These innovations are not just trends; they are the future of the industry.
As we look ahead, the importance of technology and sustainability in consumer goods cannot be overstated. Brands that embrace these principles will thrive. They will attract consumers who prioritize efficiency and environmental responsibility. The market is evolving, and those who adapt will lead the charge.
In conclusion, the stories of Settle and RIND Snacks highlight a broader narrative in the consumer goods sector. Innovation is the key to unlocking growth. Whether through advanced technology or sustainable practices, brands are finding new ways to connect with consumers. The future is bright for those willing to embrace change. As the landscape continues to shift, one thing is clear: the journey of innovation is just beginning.
Settle, a cash-flow management platform, has launched two groundbreaking products aimed at automating the calculation of landed costs for consumer packaged goods (CPG) brands. This move is a game-changer. Landed costs, which include the total expenses incurred to bring a product to market, can be a complex web of calculations. Many brands struggle with this, often spending thousands of dollars and countless hours trying to get it right. Settle's new offerings, Landed Costs and Universal Catalog, promise to simplify this process.
Imagine a world where calculating costs is as easy as pie. With Settle, brands can link bills and add expenses like shipping and tariffs. The platform then automatically calculates landed costs based on various methods. This not only saves time but also eliminates the risk of human error. Brands can now focus on what truly matters: growth and customer engagement.
The Universal Catalog is another feather in Settle's cap. It serves as a Product Information Management solution that integrates seamlessly with sales platforms, warehouse management systems, and accounting tools. This means that product information is always accurate and up-to-date. As brands expand their product lines, managing bills of materials becomes a breeze. The result? Faster, more efficient inventory management and forecasting.
Settle's mission is clear: to empower brands to concentrate on sales and customer engagement. By streamlining cost calculations and inventory management, they free up valuable time and resources. This is especially crucial as the buying season approaches. Brands can now navigate the complexities of procurement and finance with confidence.
On a different front, RIND Snacks is making waves in the snack industry. The brand has been recognized on the Inc. 5000 list as one of America's fastest-growing private companies. This accolade is not just a badge of honor; it reflects RIND's commitment to sustainability and innovation. The company specializes in upcycled snacks, using fruit rinds that would otherwise go to waste. This approach not only minimizes food waste but also maximizes nutrition.
RIND's growth trajectory is impressive. Over the past four years, the brand has expanded its distribution footprint to over 15,000 retail locations. This success is fueled by a unique product line that emphasizes flavor, fiber, and function. Consumers today are more conscious of their choices. They seek snacks that are not only tasty but also good for the planet. RIND delivers on this demand.
The recognition from Inc. 5000 places RIND among the ranks of industry giants like Chobani and Patagonia. This acknowledgment is a testament to the brand's innovative spirit and dedication to sustainability. RIND Snacks encourages consumers to "Keep it Real & Eat the Peel," a mantra that resonates with health-conscious individuals looking for better snacking options.
Both Settle and RIND Snacks exemplify the shift in the consumer goods landscape. Companies are no longer just selling products; they are creating solutions. Settle is revolutionizing financial operations for CPG brands, while RIND is redefining snacking through sustainability. These innovations are not just trends; they are the future of the industry.
As we look ahead, the importance of technology and sustainability in consumer goods cannot be overstated. Brands that embrace these principles will thrive. They will attract consumers who prioritize efficiency and environmental responsibility. The market is evolving, and those who adapt will lead the charge.
In conclusion, the stories of Settle and RIND Snacks highlight a broader narrative in the consumer goods sector. Innovation is the key to unlocking growth. Whether through advanced technology or sustainable practices, brands are finding new ways to connect with consumers. The future is bright for those willing to embrace change. As the landscape continues to shift, one thing is clear: the journey of innovation is just beginning.