Innovating during crises: how companies leap forward during times of adversity

Posted by Jacopo Colombo on May 12, 2020

The transformer, the steam turbine, and incandescent light were all created during the Long Depression in the late 19th  century. The photocopier, electric razor, and supermarkets were products of the Great Depression. Google (arguably) rose to prominence from the ashes of the dot com bubble—right around the time Steve Jobs was busy resurrecting Apple with innovations that have since changed the world.

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Topics: Product Lifecycle Management, Food & Beverage, Product Portfolio Management, Cosmetics & Personal Care, Blog

Customer Case Study: How PLM Harmonizes Product Launches Across Brands

Posted by Selerant on Feb 25, 2020

At Selerant's 2019 User Conference, a billion-dollar cosmetics and personal care customer shared best practices for using a PLM system like Devex to harmonize the product launch process across a massive global product portfolio.

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Topics: Product Lifecycle Management, Cosmetics & Personal Care, Case Study

Best Practices for Analytics Reporting Throughout the Product Development Process

Posted by Selerant on Jan 29, 2020

Selerant's Product Portfolio Management solution, the Innovation Process Management Suite (IPMS) allows organizations to manage the entire product portfolio, and individual projects, start to finish. It serves up real-time project and portfolio data that allows project teams and management the tools to effectively make decisions and keep within strategy. 

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Topics: Product Lifecycle Management, Food & Beverage, Product Portfolio Management, Cosmetics & Personal Care, Specialty Chemicals, Blog

The Outsized Benefits of Analytics Reporting in the Innovation Phase of New Product Development

Posted by Selerant on Dec 18, 2019

Consumer packaged goods companies typically have 400-500 projects or products open at a single point in time. Without the right tools, tracking and visibility across an entire portfolio becomes a constant challenge. 

People have to collect data across multiple siloed departments, from off-line folders, documents, and dashboards, to answer their most pressing questions – Do we have the resources required to support the projects? Are we getting the ROI we need to meet fiscal goals for the year? Are we on track to meet our hurdle rates? Do we need to add more projects? Can we redirect the ones that aren’t on track? 

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Topics: Product Lifecycle Management, Food & Beverage, Product Portfolio Management, Cosmetics & Personal Care, Specialty Chemicals, Blog

Six Questions to Ask Before You Purchase a PLM Solution

Posted by Selerant on Nov 30, 2019

A PLM system, implemented well, has the potential to significantly impact key performance indicators. It can help companies reduce time to market, improve product delivery and success rates, mitigate risk, improve margins, and boost productivity. However, choosing the right PLM provider requires smart teamwork and careful consideration. 

We interviewed our Senior Solution Consultant Dr. Keith Smallwood, who has been on both the client side and the provider side of PLM solutions, to draw out best practices for choosing the PLM solution most likely to deliver the success buyers want to see. Below are six questions buyers can ask to compare solutions and vendors, and pinpoint an ideal fit.

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Topics: Product Lifecycle Management, Food & Beverage, Cosmetics & Personal Care, Specialty Chemicals, Blog