What is Formula-based Product Lifecycle Management (PLM)?

Teamcenter Plm Architecture

Formula-based lifecycle management of products Teamcenter Plm Architecture (PLM) Software is a solution to companies in the process industry such as food and drink flavors and scents, personal care, and specialty chemicals firms.

Teamcenter Plm Architecture

PLM is an essential element of the enterprise’s operations for development of products. It is essential for companies to carefully manage the entire lifecycle of any product , and have an eye on the product that is being developed or altered during the process.

To achieve this, PLM software is a important competitive advantage for companies. Knowing which software to choose and what you should be looking for within the PLM solution is an essential element of the product development process.

Are you unsure of how to handle all the product information?

The development of new products, or changes and modifications to existing products generate huge amounts of data. From design and ideation to formulation, production and delivery, each stage adds each piece – or pieces of information to the table. Businesses need a method to organize, monitor and manage all of this information to ensure an efficient and efficient supply chain, hence the necessity for software to manage PLM.

PLM software aids organizations in managing their product development lifecycles through the creation of data warehouses, and automating the management of data specific to the product. This is all performed in the interest of increasing efficiency and eliminating unnecessary waste.

About Selerant’s PLM formula-based system Devex

From concept to the label Devex assures conformity and allows for innovation throughout the entire process that is formula-based PLM.

Devex PLM is unique in its design, development of implementation, and ongoing maintenance.

  • Most dedicated PLM resources
  • The pioneers in PLM creation (began in 1990 , long before PLM existed as a word)
  • Formula-based manufacturing is the only way to use it.
  • 2x the industry-standard reinvestment into new technologies, not acquisitions
  • Continuously recognized as a pioneer in the development of regulatory and formulation solutions.
  • The most configurable software to provide the creation of a custom solution

Dissolving formula-based PLM

Formula-based manufacturing is a method of manufacturing that uses recipe or chemical formulas in order to produce an item that can, at the end of the day, may or is not divided into its ingredients or components.

Imagine baking a souffle. You’ll take all the ingredients such as i.e. egg whites cheese, butter, and flour, for instance and blend them to make a completely distinct product which is not able to be broken down in the course of its life. This is the reason formulation-based PLM tools are essential.

The creation of a formula or recipe based on concepts like DoE, or design of experiments (DoE) involves an imaginative thought process, and is distinct from CAD models for the creation of a discrete product. The majority of discrete PLM solutions do not meet the unique requirements for process PLM.

A few of the more frequent instances of a particular requirement is to conduct analyses and evaluations related to the regulatory aspects of developing products. The data and rules necessary to manage the compliance of process-based manufacturing should be accessible at each stage of the development lifecycle.

Who utilizes Formula-based PLM tools?

Industries like food and drink pharmaceuticals, personal care and special chemical sectors are major examples of areas that use supply chains that are based on processes. Ask yourself What can you do to take apart the finished product to obtain the same ingredients that you included in the beginning? If no then the product was likely made by using processes-based manufacturing techniques.

One of the most important aspects of the formula-based PLM is the capability to ensure compliance with stringent standards of regulation. Let’s go back to our illustration of the souffle, as it is the industry of food and beverages that’s particularly important to consider when contemplating processes-based PLM and the conformity with the regulations.

The information produced by the souffle supply chain can assist manufacturers to ensure that they adhere to these guidelines. For instance, allergens that could come into contact with certain food items need to be recorded.

In any case, PLM solutions help manufacturers utilize the information available to ensure that their supply chains adhere to the regulations.

For more details on Formula-based PLM and to learn more about the ways these types of management tools can greatly improve your process for developing products and supply chain efficiency, contact Selerant today.

Customers have to say:

“We utilized a mix of systems. Devex is an extremely effective piece of program that has changed everything we do with both Formulas and Quality information.

From a daily user perspective The greatest improvement comes from the management of data and the integration. Each year, the volume of data that needs to be managed and integrated increases.

The connecting of all the pieces in a format that is user-friendly is what provides the effectiveness we require and an advantages over other methods.”

Vice President, Large Enterprise Beverage Company

Devex PLM Benefits:

Selerant customers who were surveyed evaluated the ROI of the use of Devex for managing their New Product Development and Introduction.

Of those who were surveyed most of them had an increase by 41% or higher.

  • 81% Collaboration
  • 88% Visibility
  • 85% Traceability
  • 81% Usability
  • 100% Vendor Management

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