How Point74 helped Pilgrim’s UK to achieve industry-leading efficiency.

Overcoming NPD and finance challenges by streamlining processes, fostering innovation and gaining a comprehensive view of margins.

Pilgrim’s Europe are leaders in food development with a diverse portfolio of branded and private-label fresh, prepared and value-added products that meet the needs of a diverse consumer and customer base. Their portfolio of brands includes Richmond, Fridge Raiders, Rollover, Oakhouse & Moy Park among others.

Before Point74, the company faced challenges in New Product Development (NPD) with a slow, siloed process, time-consuming tasks and pressure mounting due to short lead times, all culminating in a cap on creativity. Disparate systems and a lack of predictive tools hindered efficient retail brief matching; reliance on complex Excel spreadsheets impeded the costing process and effective collaboration was limited by disconnected processes and data.

To solve these issues, Pilgrim’s UK implemented Point74’s software to streamline NPD and enhance collaboration, paving the way for their creativity to flourish and to enable delivery of major improvements in how they develop and launch products. A particular focus for the project was an enhanced product costing capability to enable rapid and accurate costs from the concept stage, and in an instant, highlight changes in key information such as EBIT percentages and margins.

All this meant that by the time Waitrose asked for a new range of Asian-inspired dishes, Pilgrim’s not only delivered delicious results in record time but also costed the dishes accurately and profitably, showcasing the system’s versatility and efficiency.

For Pilgrim’s NPD team, success has been evident in an increased development pace and efficient brief matching.

“Point74 has streamlined our development process, providing great efficiencies for the business.”

According to Sam Reader, Innovation & Product Director at Pilgrim’s UK.

Through the use of an innovation-friendly Food Lifecycle Management (FLM) system, with a focus on accountability, focus has shifted. The team now has access to a comprehensive view of margins, increasing costing capacity and scalability. Their integrated system provides visibility and standardises processes, virtually eliminating all version control challenges.

“Point74’s software now provides the whole team with one version of the truth.”

Steph Swinyard, Pilgrim’s Senior NPD & Project Systems Manager

Pilgrim’s UK’s transformative journey with Point74’s software is setting a new standard for efficiency in the industry. Improved visibility, reduced stress and comprehensive outputs have all contributed to overall success in both product development and financial operations. The entire team now uses the system, ensuring consistent and efficient operations across the business.

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