Every new product comes with its specification that defines its identity and characteristics for both internal and external use. Often, people expect it to be one document including all the needed information but it is more complex than that. The product specification is a dossier that gathers many documents and data from different stakeholders, both internal and external. The dossier is created and updated by all the company departments during the new product development process and for its entire lifecycle.
Category Archives: Cosmetic and Food Software
Formulation is a critical step in any product development, however, it is a complex process and formulators face a great amount of challenges when developing a recipe. They have to take into consideration various requirements from different teams, from marketing, quality to regulatory affairs. It is also…
In the growing industry of personal care and cosmetic, brands and manufacturers need to continuously create and innovate. The collection turnover is getting shorter due to seasonal constraints and fast-evolving consumers’ needs. To answer this changing demand, businesses must reduce their product time to market and costs while being innovative.
Cosmetic manufacturers and brands are subject to regulations requirements that are more and more strengthened all over the world. Cosmetic businesses more than ever, must optimize their innovation process to face:
- A fast-growing competitor landscape
- Shortened product lifecycle due to seasonal constraints
- Increasing product development costs
- Higher consumer expectations
- Fast-evolving technologies
PLM and ERP are complementary software that works together to ensure the success of a product. Product Lifecycle Management (PLM) comes first by managing the product development and its processes. Enterprise Resource Planning (ERP) manages the supply chain including the inventory, pricing, and payments. These are used sequentially to provide the most up to date product data at any time.
Confronted by its customers with the many problems and regulations related to product safety, Lascom has been able to adapt its PLM solution and thus automatically generate the Safety Data Sheets according to their chemical characteristics previously informed in the application.
In this dynamic and highly competitive sector companies are required to put in place effective tools to remain competitive and innovative. With all the paperwork and communication that has to take place, there is no other way to get things done then with organisation and help from a tool that brings everything together.
Society is at a point where there is no going backwards. It is all about progress, progress and more progress. Advances in software and technology are allowing for more groups and industries to be interconnected. Allowing for there to be more communication and more innovation.
The question must be asked constantly, “What solutions will enable me to solve the problems I meet today and those that will arrive tomorrow?” Having a business PLM solution tailored to your business is not just better managing for your products, it is a way of transforming your way of working and your business.