Danone's Partner for Growth: Driving Innovation and Collaboration in the Dairy and Plant-Based Industry
In an effort to foster innovation and collaboration, Danone has launched its 'Partner for Growth' initiative, teaming up with various companies across different sectors. One of the key partnerships is with Chr Hansen, a bioscience firm, focusing on dairy and plant-based product innovation.
Strengthening Partnerships
Danone, through its corporate venture arm Danone Manifesto Ventures, aims to forge new partnerships and enhance existing ones. By collaborating with industry leaders, Danone seeks to drive innovation and growth in the dairy and plant-based sectors.
Collaboration with Chr Hansen
Danone's first partnership under the 'Partner for Growth' initiative is with Danish ingredients supplier Chr Hansen. Together, they will leverage Chr Hansen's bioscience solutions to enhance functionality and improve consumer health in both dairy and plant-based products. Additionally, Danone will contribute its extensive collection of 1800 strains of ferments to advance research on the gut microbiome.
Focus on Science and Technology
The 'Partner for Growth' program has a broader scope that encompasses innovation in science and technology. Danone aims to explore advancements in agriculture, optimize supply chains through technology, improve operational efficiency, and reduce greenhouse gas emissions in the supply chain, thus promoting sustainability.
Transforming the Way of Collaboration
Vikram Agawal, Danone's Chief Operations Officer, emphasizes the need for a structured and mutually beneficial approach to collaboration. The 'Partner for Growth' initiative aims to move away from traditional linear approaches, leveraging the supplier and partner ecosystem to drive shared business growth. This approach allows Danone to stay ahead of emerging trends, better serve customers and consumers, and unlock sustainable growth.
Co-Innovation with Genpact
Danone has signed a joint business development plan with professional services firm Genpact. Through this partnership, the two companies will co-innovate at scale by utilizing digital technologies across the supply chain. This collaboration enables Danone to drive efficiency and optimize operations.
Recognizing Successful Partnerships
Danone values its partnerships with dairy producers and other industry players. It recently hosted an event at its innovation center, acknowledging successful relationships with suppliers. Notable partnerships include McCarthy Family Farms for regenerative agriculture practices and Arla Food for specialty dairy ingredient supply. Danone has also collaborated with Circulate Capital to increase plastic collection, resulting in successful projects in Asia and Latin America.
Collaboration with Educational Institutions
Danone plans to extend its partnerships to educational institutions. By collaborating with academia, Danone aims to foster research and innovation, exploring new horizons in product superiority, fermentation technologies, and decarbonation. This collaborative approach benefits Danone, its partners, consumers, and the planet.
Through its 'Partner for Growth' initiative, Danone is driving innovation, collaboration, and sustainability in the dairy and plant-based industry. By forging strategic partnerships and leveraging cutting-edge technologies, Danone aims to deliver superior products while addressing global challenges.
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