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Prepared By:
Gheewala Rahul (11MBA018)
Parmar Ronak (11MBA043)
Shah Naman (11MBA088)
Patel Divyesh (11MBA053)
NEW PRODUCT DEVELOPMENT AT SCHWAN FOOD COMPANY –
INNOVATION THROUGH COMMUNICATION
1
INTRODUCTION ABOUT SCHWAN
The company started in 1952 as ice - cream delivery.
Schwan food company introduced frozen pizza under three
brand – tony‟s, freschetta and red baron.
The company expanded through 50 countries by 21st
century with 24,000 employees.
The company operated through three primary business unit:
SHS, Schwan Global consumer brand (SGSB) & Schwan‟s
food service group (SFSG).
2
CONT…
The company three brand (Red baron, tony‟s & freschetta),
adopted differentiated in terms of consumer segments.
Tony‟s was positioned as „good value‟ brand, freschetta was
the upper premium offering while red baron was positioned
as a family product for busy mothers looking for quality
snakes & priced reasonably.
3
STRUCTURE OF THE COMPANY
The Schwan Food Company
Schwan Home ServiceSchwan’s Global
consumer BrandsSchwan’s FoodService Group
Schwan’s Consumer Brands
North America
Schwan ‘s Europe
Schwan ‘s Bakery
Schwan ‘s FoodService
Schwan ‘s France Schwan ‘s FoodGmbH
Schwan ‘s ConsumerBrand UK Ltd.
4
NEED FOR INNVOATION
The Industry was growing at the rate of 8%.
Frozen Pizza was growing within entire US food industry.
The „Rising crust‟ technology (1990s)
Tough Competition
Company set up 15 million R& D center in Marshall, with
R&D plant support outfits in three other locations.
5
THE RED BARON STYLE OF NEW PRODUCT DEVELOPMENT
The company started working on snakes which can be
prepared with shorter time.
Team – Building (“Project Razor”)
Various Cross Functional teams are assigned.
Few external parties were involve in project.
The teams has primary issue of optimal resource utilization.
6
CONT…
Communication channels support.
Elimination of reflects in product by various tools like
analysis, testing & studies.
Inputs were taken regularly from research & people.
Evaluation against expectations.
Product offer in three variants & Packaging was according to
industry norms.
7
LAUNCH OF RED BARON
The company launched red baron after the two years of
R&D.
Supported by communication & marketing channel.
8
INNOVATING ITS WAY INTO THE FUTURE
The company required major source of revenue.
For Acquisition & Expansion.
Generation of interest in the industry.
9
CONCLUSION
So, We can say that for new product development schwan
food company has retained their customers.
The company also won the awards in the area of new product
development. So, from this company set a new trend in the
industry.
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