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Infor PLM Optiva New Product Development & Introduction

White Paper Published By: Infor

Infor PLM Optiva streamlines the innovation process and enables food and beverage, home and personal care and specialty chemical companies to develop innovative products for the global market in less time and at lower cost, while significantly reducing the risks associated with new product innovation. Download this solution overview to learn more.



Tags : 
product lifecycle management, supply chain management, plm, scm, bpm, business process management, infor

Infor
Published:  Feb 27, 2007
Type:  White Paper
Length:  4 pages

I nfor PLM Optiva
New Product Development & Introduction
Integrating Development of the Whole Product
Infor PLM Optiva streamlines the innovation process and enables food and beverage, home and personal care and specialty chemical companies to develop innovative products for the global market in less time and at lower cost, while significantly reducing the risks associated with new product innovation. Infor PLM Optiva New Product Development & Introduction (NPDI) provides process manufacturing companies with seamlessly integrated formula, label, package and specifi-cation development tools that together give companies a single system to manage the independent, yet interrelated, pieces of the new product development and introduction process. Optiva NPDI supports and enhances these key development processes individually, as well as enabling valuable cross-process automation and collaboration. With more than 10,000 users in over 40 countries, Infor PLM Optiva is the Product Life- cycle Management (PLM) solution of choice for some of the most admired companies in BENEFITS the world including Coca-Cola, GE Plastics, Campbell's Soup, Yves Rocher and Hormel Foods. 50% improvement in R&D productivity
30% increase in new products
70% reduction in product specification development time
85% savings on labeling costs
30% reduction in redundant package variations
20% reduction in redundant formulas 45% reduction in Optiva NPDI integrates the key processes for New Product Development & Introduction direct materials used and ensures that supply chain constraints are built into design from the beginning
60% reduction in M&A assimilation time
fact sheet "Infor PLM Optiva has F ormula Management
become the backbone Supports all stages of formula development from concept through production and serves as the formula system of record. of our entire process, . Enables access to accurate information with parametric search on any formula or ma-we no longer store terial attribute anything on paper. . Improves material management efficiency (e.g. material localization, material ration-alization, new material introductions) Every member of the . Provides change management and version control on experimental materials and se-team has complete and cures approved formulas current information . Calculates formula and recipe performance, nutritional and cost attributes that in-right on their computer clude ratio-based attributes (e.g. MG/GM) . Provides comparison on any number of formulas, based upon ingredient quantities screens. As a result, and attributes we have grown to be . Accurately predicts costs and yields accounting for by-products, potency and water more responsive to loss
addressing customer . Rescales to any desired lab or production yield . Enables visual comparison on any number of material attributes requests." . Leveraged through web, Excel or Windows interface as appropriate for user and task Kelly Reimann - Commercialization Lead, JohnsonDiversey
"Campbell's goal is to be the most innovative and agile company in its markets. As our first truly global IT solution, Optiva PLM enables us to bring products to market faster while reducing risk and ensuring regulatory compliance."
Joseph Spagnoletti - Vice President of IT, Campbell Soup Company
| 2 fact sheet "Infor PLM Optiva Packaging Management
enables Hormel Foods Enables rapid packaging development that is integrated with formula management to ensure compatibility, stability, and label accuracy. to integrate all . Enables access to accurate information with parametric search on any package attrib-product data in a ute
centralized . Calculates accurate total product cost by integrating product and packaging cost simulations repository, allowing . Provides comparison on any number of packaging bills of material us to efficiently . Excel client enables rapid modeling of package cost options then saves results back to Infor PLM Optiva leverage that . Automates identification of compatibility and stability issues information to comply . Automates package approval workflows with regulatory . Enables visual comparison on any number of package attributes demands and speed our innovation process." Mark Roberts - Corporate Manager

Label Development Automates the generation of fa... [download for more]

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