By Christine Dominski, ICCG Senior Business Consultant
Have you ever wondered if a Product Lifecycle Management (PLM) system is right for your business? Is the Business Value unclear? No matter the size of your business, a Product Lifecycle Management system can provide insights and discipline to a Company's process. Let’s provide clarity on the business value.
Standardize Business Processes – By understanding what makes your business tick, you can standardize the processes in a system to maximize efficiency. Once you maximize efficiency, you can realize a quicker time to market with new approval processes tailored to your needs.
Single Source of Truth – Is information in multiple places? Use PLM to keep all data in one place. Turn information stored in documents into searchable attributes for both Items (ingredient) and Formulas (recipe).
Collaboration at your fingertips – Track the progress on projects while researching new product choices. Stage-gate approvals and Supplier collaboration tools are available to keep stakeholders informed.
Quick Set Up – PLM for Process (Optiva) Implementation Accelerator provides Out-of-the-box configuration elements, allowing quick enablement. Preset data elements and approval processes (for the Food and Beverage industry) mean you are ready to go in as little as four months.
Regulatory Compliance – Ingredient Statements and Label generation are available. Label claims can be configured for more sophisticated implementations to automatically determine compliance with FDA or USDA nutrition claims. USDA submittal compliance is also available.
Automatic Updates – The Cloud-based system means no more waiting for important updates. With monthly minor releases and biannual major releases, the system is always current. Access to the USDA, Health Canada, and European Union Nutrition databases means you always have current data nutrition data available.
Integration – Integration with ERP, LIMS, and other systems available.
Active User Group – PLM for Process has an active user group available to answer questions and provide guidance from other individuals using the system.
Once PLM is in place, you can quickly realize a return on investment with process improvements and improved collaboration. Whether looking for simple recipe management or complex Product Lifecycle Management from inception to retirement, PLM for Process has what you need.
Contact ICCG for more information on how we can help you realize your PLM Journey.