The Challenge
Early identification of business opportunities based on relevant food and technology trends
Innovation at DMK Group:
- Limited resources for trend management
- Time-consuming aggregation, evaluation and documentation of scouting results
- Manual trend scouting activities
- Knowledge sharing within the trend scouting community needs improvement
- No integrated network of internal trend scouts
Supported by ITONICS Radar and ITONICS Inspirator, DMK Group implemented a powerful trend management process from trend scouting to the derivation of new business opportunities and scouted over 2,000 relevant inspirations in five food trend areas with only a small scouting team.
Crucial for the success of our project was ITONICS’ expertise in trend management. We were not just looking for a software partner, but for someone who is familiar with the topic and who we can trust.
Barbara Siegert, Head of Innovation / Corporate Strategy, DMK
A High-Performing Trend Management Unit
DMK established an integrated trend management process from trend scouting to business opportunities.
- Reduced time to collect, aggregate and analyze trend knowledge
- Better and faster recommendations on business opportunities for the individual business units based on profound trend knowledge
- Trend management unit at DMK is still run by two full-time employees only
The dairy company developed an efficient trend scouting network consisting of internal and external trend scouts.
- Successful integration of internal trend scouts that collected more than 1,500 relevant inspirations at 30 trade fairs and conferences within one year
- Increased accuracy for the trend identification thanks to the integration of external and internal trend knowledge
- Accessible trend knowledge for the whole community and resolution of individual data silo
Innovate like DMK Group
To learn more about the tools and capabilities that help DMK and other innovation leaders grow, browse through the features of the ITONICS Innovation OS or book a free demo with our expert team.