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

3-Step Method to Business Process Re-Engineering for Food Manufacturers (Including Examples)

Posted by Selerant on Aug 20, 2019

This topic first appeared in a presentation from our Director of PPM, Paul Cegles at our 2018 User Conference.

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Topics: PLM, Product Portfolio Management, Blog

How to Set the Right Budget for Your PLM System

Posted by Selerant on Jul 10, 2019

Recently, we spoke with senior management among Selerant users about how they convinced their company leadership to greenlight an enterprise PLM project and software system.

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Topics: PLM, Product Portfolio Management, regulatory compliance, Product Formulation & Recipe Management, Blog

Standardizing Internal Knowledge Sharing for Faster Product Globalization

Posted by Selerant on Apr 26, 2019

For food and beverage manufacturers, developing a brand once followed a predictable path. A local or regional brand would be distributed on a small scale and then, those product lines would be slowly globalized across new regions and markets.

Today, manufacturers don't need to wait for this kind of brand maturity model to launch products at mass scale. The rapid availability of goods internationally, combined with online selling, means that brands can launch new products globally from the very start.

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Topics: Product Lifecycle Management, PLM, Product Portfolio Management, Specification Management, Supplier Relationship Management, food and beverage, regulatory compliance, Product Formulation & Recipe Management, Product Data Management, Blog

How Maximum Consumer Awareness is Driving Minimalist Formulations for Cosmetics Brands

Posted by Selerant on Apr 17, 2019

More than ever before, modern cosmetics consumers are savvy about what ingredients they want to see in the cosmetics and beauty brands they use, down to the ingredient level.

The demand for green products that have minimal impact on the environment (both through the sourcing and manufacturing processes) as well as a minimal negative impact on health and wellness is drastically changing the type of ingredients consumers choose and expect to see on cosmetics labels.

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Topics: Product Lifecycle Management, PLM, Product Portfolio Management, Product Formulation & Recipe Management, Blog