Solution Summary
Formula Management
Ensuring that our products are
produced to the right recipe and achieving the right specifications, is not
only required to be compliant with various business practices such as ISO 9000,
Q1, TS, QS etc., it is also essential to producing consistent and high quality
product.
When ingredients need to change -
whether it is because the ingredient is in short supply, a regulator has found
it to be dangerous and it will be banned or severely limited in its use, it has
fallen out of favour with consumers, or it is just too expensive – you need to
respond proactively to achieve least cost/ best quality products.
When a marketing opportunity presents
itself – a new trend like zero trans fats, cholesterol free, low carb, nut free
– you need to know if you can legally make the claim and whether you can
quickly generate versions of your formulae that comply. When new ingredients come available that can
dramatically affect your costs, quality, or both, you need to take advantage of
them as soon as possible.
When the regulator in a country where
your product is sold makes another change to the labeling regulations, or
format – you need to comply. When you
package the same or similar products under private labels – you need to manage
the formulations. When specific markets
demand small changes in formula, you need to respond. If you use co packers, you need to ensure
that they know what they need to know to produce your product properly.
And all of this while you ensure that
the correct formulations and procedures are used throughout the
enterprise. Not to mention that you are
always on the process of continually improving them.
A daunting task without the
assistance of a formula management solution.
The savings from being able to
achieve cost reduction by ingredient substitution; or the increased profits
from being first in a lucrative new market segment can recover the costs of
implementation in a very short period of time.
You also achieve regulatory compliance with labeling claims, and the
automatic calculation of nutritional properties, and the creation of the label
and ingredients statement as a byproduct!
Many companies have 4 or 5 independent
systems to handle these requirements.
Integration between them is often limited resulting in a duplication of
efforts. Other organizations have built
intricate systems of linked spreadsheets – some so intricate that retrieval of
a single formula can take upwards of 30 minutes.
QIC’s approach is to have an
enterprise wide single solution that has extensive adaptability and security
functionality. That solution is
ProductVision™ from Advanced Software Designs.
Of the very few enterprise model Formula Management solutions available,
ProductVision has met QIC’s stringent
criteria for inclusion as a QIC endorsed solution. And it is used at many of the world’s largest
chemical, paint, cosmetic, food and CPG companies.