Why PLM One solution for new product development using the stage-gate process
Product Lifecycle Management (PLM) software supports every phase of the stage-gate process for new product development and introduction. Customize and manage approval points and scoring at every phase of your workflow, from setting up a new product information file to addressing packaging specification concerns.
- Discover opportunities by identifying whether new products fit your business’s innovation goals.
- Explore concepts to establish viability and financial appeal.
- Confirm feasibility and establish the real potential for profit and loss.
- Create a plan for production and a detailed launch roadmap as you scale up.
- Launch new products with the confidence to know they’re viable, feasible, and proactively planned.
Product Success Stage Gate Process
Accelerate product development from early stage to launch.
Explore and screen new materials
Manage and evaluate your material portfolio, data, and suppliers.
Source, capture, and manage ideas throughout your organization, then convert them to projects.
Align with strategy
Determine if new products fit your organizational goals.
Create new projects
Generate project briefs, manage evaluations and approvals, then convert them to technical briefs.
Product and packaging formulation
Handle every part of product and packaging formulation and reformulation, from material portfolios and formula creation to evaluation and refinement.
Collaborate across teams as you review, score, and approve product concepts.
Analyze regulatory frameworks and substance data, and browse relevant product information.
Run pilot trials
Execute trials across all the factors that matter, including raw materials, recipes, packaging specification, equipment, and more.
Conduct product assessments, review, scoring, and approval.
Run full-product trials to dial in your formulas, materials, and processes, then assess, review, score, and approve your scale-up.
Put your products in the proper categories and assess important factors like substances, dietary compliance, allergens, and customer-driven requirements.
Test and develop
Record performance results, then modify your formulas and recipes as you check for compliance while managing cost.
Define your final product
Arrive at final approval for materials, suppliers, formula specifications, BoMs, and more.
Take it to market
Create detailed production and launch plans to complete the new product development and introduction process.
Prepare for product completion and launch to get ready for the final approval gate.
"The biggest factor in reducing time-to-market has been our implementation of Trace One Devex PLM workflows. That’s allowed us to streamline and better organize the work and get tasks done faster."
- Director of project management, food company
Expert-guided success The Trace One Process
We guide your teams through fast, effective design workshops to uncover the perfect configuration for your new PLM system.
Trace One builds out the PLM system based on your unique requirements. We’ll help you settle into your new workflows and support each team on their piece of the data migration.
Before launch, we validate the PLM system in your environment based on established use cases and perform detailed testing.
The clear and guided Trace One approach works to mitigate risk, nerves, and resistance to change. Our experts create a project plan with an eye to minimal downtime as the shift is made from in-development to a live environment.
MAXIMIZE COLLABORATION Connect disparate teams across the entire product lifecycle
Research & Development
Meet go-to-market and budget timeline demands. Overcome data silos and leverage collaboration tools to formulate faster and access the right info at the right time throughout the entire product lifecycle. Maintain version control and eliminate redundancies and repetition with a Single Source of Truth (SSOT) platform. Optimize costs and meet consumer, market and regulatory requirements.
Eliminate consumer issues like improper labeling that can lead to a consumer getting sick from a mislabeled allergen and recalls with a comprehensive regulatory compliance framework. Perform real-time compliance checks throughout the product development process. Perfect product data governance ensuring product labels are populated with the accurate information.
Mitigate brand reputation damage of non-compliance to quality standards and certifications. Prevent financial loss due to inaccurate or poor product data. Ensure end-to-end visibility into quality management processes. Guarantee feedback reaches the right people at the right times so that each team can address quality issues before they get lost in transmission or passed onto the next stage of production.
Procurement & Supply Chain Management
Eliminate supply chain risks that occur when raw materials aren’t delivered on time or at all, thereby causing disruption to the flow of products and materials. Trace One Devex PLM supplier quality management ensures supply chain traceability and proactive management of potential issues.
Embrace digital transformation: ensure all the corporate systems speak to each other. Unify and consolidate platforms. Integrate your existing ERP system with Trace One Devex PLM for seamless product data sharing.
Let’s Get in Touch
Connect with us to learn how Trace One can serve your organization’s unique needs.