1. News
May 11, 2018

AgroFresh and Pagoda to open innovation centre in China

AgroFresh Solutions is set to open an innovation centre in China in partnership with fruit retailer Shenzhen Pagoda Orchard Industrial Development (Pagoda).

AgroFresh Solutions is set to open an innovation centre in China in partnership with fruit retailer Shenzhen Pagoda Orchard Industrial Development (Pagoda ).

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The partnership is aimed at meeting specific supply chain requirements of the Chinese market.

Scheduled to open in the second half of this year, the new centre will be located at a Pagoda distribution centre in Guangdong province.

Both AgroFresh and Pogoda will use the innovation centre to develop solutions that increase the freshness and quality of fresh produce and work together to conduct research, identify fruit quality problems and offer insights and solutions to promote freshness.

“Working together, we’ll be able to enhance the customer experience, reduce food waste and make healthy diets more accessible.”

AgroFresh CEO Jordi Ferre said: “As a company firmly rooted in research and science, the new innovation centre in China enables us to apply our know-how to predict optimal fruit conditions and reduce waste.

Pagoda ‘s dedication to overall fruit quality, intimate knowledge of the local consumer and complex supply chain make the company a perfect partner to help us better develop and deliver localised freshness-preservation solutions.”

The partnership will help AgroFresh expand into new and growing market through Pagoda and offer solutions that enhance the quality of fruits.

AgroFresh will leverage the insights gathered from the partnership to enhance its retail and e-commerce strategy for China, as well as extend it to other regions.

Pagoda president Huiyong Yu said: “Working together, we’ll be able to enhance the customer experience, reduce food waste and make healthy diets more accessible.

“Cooperating with AgroFresh will also arm us with more fruit intelligence and strengthen our position as a leading quality fruit provider.”

Pagoda currently operates 3,000 franchise stores in over 40 cities across the country offering fruits, dried fruits and fruit juice products.

 

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Spot leading innovative companies with GlobalData’s Innovation Scorecard

Innovation remains a necessity in a disruptive ecosystem, as continuous innovation allows companies to adapt, evolve, and grow through disruption. Using our in-house alternative datasets, we are excited to launch GlobalData’s Innovation Scorecard. This scorecard will allow clients to rank 3,500+ companies on their innovation activity, impact, and disruptive potential across geography, sector, and theme. The scorecard provides a data-driven framework to rank leading companies on the potential of their intellectual property (IP) portfolio. GlobalData’s Innovation Scorecard focuses not only on the activity of innovation in the organization but also on its impact and disruptive potential using the 3I framework: Intensity, Impact, and Ingenuity. The tool helps clients to identify the most innovative companies that are disruptive leaders and challengers and can create alpha for their portfolio using the insights driven by 19+ high-value KPIs. Download our report to find out more about this innovative tool. Key findings derived from this tool include:
  • Alphabet, Tencent, and Qualcomm are the top three innovative companies in the last 10 years
  • The scorecard finds Technology & Communications and Pharma & Healthcare as the two main sectors driving innovation
  • Loreal placed as ‘Disruptive Leader’ in the Consumer sector, while Revlon has been identified as a traditional laggard
  • Companies such as Etsy and H&M are challenging retail ‘Disruptive Leaders’ Amazon and Walmart
by GlobalData
Enter your details here to receive your free Report.