2006 Innovation & Technology Awards
As a customary part of CGT's industry events, awards are presented to recognize consumer goods (CG) companies for excellence in innovation, technology, business strategies and successes. Nominations for our 2006 Innovation & Technology Awards were submitted to CGTby consumer goods executives, industry analysts, industry consultants and technology vendors. These nominations were narrowed by CGT's editorial staff and sent to our editorial and research advisory boards for objective voting. Winners and outstanding achievers across each of the six award categories are covered in the pages that follow.
Because innovation has become the life blood of consumer goods companies -- who not only face ever-changing consumer demands, but also increasing competition from traditional competitors and private label -- CGT added Innovation Awards to its award portfolio this year. The following awards were presented at our first annual Growth &Innovation Forum, September 25-27 in NYC.
Most Innovative Company - This award recognizes the CG company that continually drives growth through product and process innovation.
Most Innovative Product - This awardrecognizes the industry's most innovative product launched in 2005/2006.
TECHNOLOGY AWARDS
Four additional technology awards were presented to those CG firms that rise above the pack to improve business performance through enabling technologies. The following awards were presented at our eighth annual Consumer Goods Technology Fall Conference (see event recap below):
Four additional technology awards were presented to those CG firms that rise above the pack to improve business performance through enabling technologies. The following awards were presented at our eighth annual Consumer Goods Technology Fall Conference (see event recap below):
Power User - Presented to the CG firm that is most effectively leveraging their current technology to help drive business performance.
Breakthrough SMB - Presented to the small to midsize CG firm that is utilizing technology to achieve substantial growth in size and/or revenue.
Standout Customer Management - Presented to the CG firm that is best leveraging an IT solution and/or customer strategy to strengthen areas of category management, trade promotion management, deduction management and sales force automation.
Supply Chain Excellence - Presented to the CG firm for achievement in executing supply chain improvements.
FALL CONFERENCE WRAP UP
On October 22-25, more than 200 CG executives convened at the Ritz Carlton in Orlando, Fla., for the eighth annual Consumer Goods Technology Fall Conference, themed "The New Value Chain: Leveraging Data to Exceed Customer and Consumer Expectations." In addition to our awards ceremony, event highlights include:
On October 22-25, more than 200 CG executives convened at the Ritz Carlton in Orlando, Fla., for the eighth annual Consumer Goods Technology Fall Conference, themed "The New Value Chain: Leveraging Data to Exceed Customer and Consumer Expectations." In addition to our awards ceremony, event highlights include:
- In the opening keynote address "The Future: Not What it Used to Be," Philip C. Bonanno, president, Americas for Management Ventures Inc., presented an overview of U.S. retail marketplace and discussed how recent consumer dynamics and retail strategies are impacting consumer goods suppliers.
- The Procter & Gamble Company's Associate Director of Global Customer Logistics Andrew Buteux explained the how's and why's behind P&G's well-known consumer demand-driven network (CDSN) -- an operating strategy for creating, capturing and commercializing joint value on the supply side with its customers. Currently, P&G has 89 projects in progress to push the limits of its supply chain.
- John Gleeson, SVP corporate strategy & treasurer, Walgreen Co., and Kevin Smith, SVP of supply chain &logistics, CVS/pharmacy, took the stage to provide their perspective on open data sharing with the consumer goods industry. Both companies partner with Agentrics for data sharing rather than use third party, proprietary solutions or one-to-one sharing. "The model of secure data sharing with trusted business partners fits our approach and requires minimal effort and investment," said Smith.
- In a panel discussion focused on CGT and AMR Research's 2006 Tech Trends study, Mike Booke, senior director of business systems, The Schwan Food Company; George Chappelle, CIO, Sara Lee Corp.; Ann Dozier, vice president, strategic industry initiatives global customer, The Coca-Cola Company; and David Hutchings, senior director, business to business, Kraft Foods, examined the innovations and technologies of a demand-driven supply network.