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

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: PLM, Food & Beverage, Cosmetics & Personal Care, Specialty Chemicals

What is Product Lifecycle Management (PLM) software, and why is it important for cosmetics manufacturers?

Posted by Selerant on Jul 2, 2019

The market wants what it wants. So, what are you going to do about it?

Product formulators in cosmetics companies are now more than ever overwhelmed by the influx of consumer and market-driven demands for new products.

From more sustainable packaging design to virtual makeup application experiences, consumers want and need more from cosmetics companies. They expect these demands to be met, and quickly.

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Topics: PLM, Cosmetics & Personal Care, Blog

How Today’s Beauty Brands Can Go Global: An Interview with Selerant’s Solution Management and Regulatory Specialists

Posted by Selerant on May 21, 2019

Selerant_cosmetics_product-formulation

At the NYSCC Suppliers' Day conference last week, Selerant unveiled the Devex Baseline Cosmetics platform, an out-of-the-box product development and regulatory solution for cosmetics manufacturers.

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Topics: Product Lifecycle Management, PLM, regulatory compliance, Product Formulation & Recipe Management, Cosmetics & Personal Care

3 Ways Cosmetic Manufacturers Can Drive Portfolio Expansion in 2019

Posted by Selerant on Mar 20, 2019

For cosmetic manufacturers, creating competitive, modern product portfolios depends on how rapidly internal departments can capture and capitalize on shifting consumer trends in real time.

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Topics: Product Portfolio Management, Product Formulation & Recipe Management, Cosmetics & Personal Care