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: Product Information Management
Faced with a highly competitive market and increasingly demanding standards, it is becoming essential for companies to be able to effectively manage and track all product-related data, from the design to the marketing of that product.
In order to market innovative and high-quality products, the cosmetics industry is subject to increasingly complex regulatory requirements as well as economic and seasonal constraints.
In one of the first articles of the blog, we emphasized the importance of managing the evolution of data and thus having a dynamic vision rather than static information. Since the subject has recently returned repeatedly during discussions with prospects and customers, let’s put it to the agenda of the PLM blog.
Many people think that to manage products, systems, or infrastructure, all you need is a repository for a “data warehouse” to centralize all the documents and all the data.
In the conventional manufacturing world, changing suppliers goes without changing the product, but that isn’t the case for the food and beverage industry.Changing suppliers could alter an entire product portfolio, therefore having the Lascom CPG formulation tool is necessary to recalculate all changes.
The cost of raw materials remains the top overall concern for food industries and manufacturers. Regarding extreme price volatility of raw materials it becomes a real challenge for food companies to remain competitive and assure sustainable margins. Crops, dairy products, oils, chemicals have high influence on companies' bottom line results.
Product Lifecycle Management Solution Supports Global Product Management and Development Operations.
Lascom today announced that Monin, a global leader in premium syrups,
has selected its CPG Solution to manage its extensive and dynamic
“Monin is the brand of choice for creative beverage professionals.
Our strong and proactive innovation strategy, covering 140 countries, is
one of the key factors in our continued success,” said Gislene Da Silva
Razavet, R&D Group Director of Monin.”Our global product
development and management operations expose us to a complex sets
regulatory exposures and Lascom PLM is an important support to manage
these quickly and effectively. “
Talking about palm oil is very trendy. A few years ago, Greenpeace opened a new debate with the Kit Kat ads and orangutans protection event to find a solution to the palm oil challenge. At that time consumers discovered this new oil revolution. But today, the palm oil issue has been demonized and it could be difficult to disentangle fact from fiction, especially when politics use the topic to get their program approved or ecological lobbies consider industries as criminals against humanity …