Thanks to everyone who attended the third live webinar in our series, MODSIM with 3DEXPERIENCE® Works: Transforming Sustainable Innovation & Future Workforce for Consumer Packaged Goods (Retail). We appreciate the participation of everyone who attended the webinar. If you were unable to attend, note the recording is available for your viewing.
Sustainability is a major concern for businesses today in the consumer goods and packaging industry. It’s essential, therefore, to change product development strategies to support eco-friendly requirements. Making and testing digital models can help in three critical areas: 1) aligning to regulations, 2) accelerating time to market, and 3) educating future workers. In this webinar, we gave examples from three different industries to show how closely linking digital modeling and testing can help us achieve more environmentally conscious goals.
From this webinar, you can gain insights into how to empower SOLIDWORKS users to engage in early-stage requirements validation by leveraging cloud-based simulation tools in 3DEXPERIENCE Works.
A New Approach
The circular economy is an economic system that aims to eliminate waste and promote renewable resources. In a circular economy, resources are used for as long as possible, extracting the maximum value from them while they’re in use. When a product reaches the end of its life, the materials it is made from are kept within the economy wherever possible to be reused, repurposed, or recycled, rather than being discarded as waste.
Sustainability considerations are important in the consumer-packaged goods industry for several reasons:
Consumer Demand – Today’s consumers are more aware and concerned about the environmental impact of the products they buy. They’re looking for brands that align with their values, which often include more reliable and sustainable products. Businesses that fail to prioritize sustainable practices risk losing market share to more eco-friendly competitors.
Regulatory Compliance – Governments around the world are implementing stricter regulations related to sustainability, such as packaging requirements, waste disposal, and greenhouse gas emissions. Companies that want to avoid hefty fines and potential legal troubles need to ensure they’re in compliance.
Cost Savings – Building sustainability into the fabric of your processes and products can often lead to cost savings in the long run. For example, using less packaging material or more efficient manufacturing processes can lower costs. Also, sustainable practices can minimize waste, leading to cost savings.
Investor Interest – Increasingly, investors are considering environmental, social, and governance (ESG) factors when making investment decisions. Companies that prioritize sustainability are often viewed as better long-term investments because they’re seen as being more forward-thinking and better equipped to deal with future challenges.
Combining 3D modeling and simulation helps you discover potential issues and opportunities earlier in the process for regulation compliance, cost savings via design optimization, and more. What’s more, catching problems early in the product development process can mean preventing downstream production delays and unexpected costs.
The 3DEXPERIENCE platform provides the technology infrastructure to manage the people, data, and documents among your entire team, including partners, suppliers, manufacturers, and customers. And remember, you can securely access, manage, and share SOLIDWORKS data and simulation results from any location with an internet connection.
To watch the recording of this or any previous session, or to register for upcoming sessions for the live MODSIM with 3DEXPERIENCE Works series, visit the information and registration page.