EdgeAX PLM for CPG

EdgeAX PLM for CPG

EdgeAX PLM for CPG Overview

The consumer packaged goods (CPG) industry faces a crowded competitive environment in which consumers increasingly look for low price to make their buying decisions. At retail shelf space is at a premium with supply expected to arrive just in time to meet consumer demand. Innovation becomes a key driver for new product development. The role of the supplier has changed to one where key product innovation comes from the collaborative environment that includes a common sharing of information among supply chain partners. CPG companies must be able to satisfy regulatory requirements of various countries across the globe, to make rapid change to respond to regulations, and to support product claims such as that the product is ‘organic’ or ‘green’, while simultaneously addressing evolving carbon standards that impact logistics. As consumer demands change, a shortened product development cycle is essential to create the products that satisfy time sensitive requirements for product, packaging, display, and promotion. Research has shown that adoption of an effective PLM solution results in double digit improvements in product revenue and costs.

Why EdgeAX PLM

  • Visionet Systems’ enterprise level PLM solution, EdgeAX PLM leverages the unique power of Microsoft Dynamics AX 2012 and helps to alleviate CPG Industry challenges with simplicity of use and increased productivity
  • With the added value of integrated Supply Chain Management (SCM) and collaborative Vendor Portal capabilities, EdgeAX Product Lifecycle Management (PLM) solution comprehensively covers the industry grade best practices that help the CPG companies to gain the lost competitive edge and stay ahead of the tide
  • EdgeAX PLM for the CPG industry comes with a complete suite of features addressing every stage of product lifecycle starting from the concept to the commercialization of the product including providing business insights to the stake holders with the reporting capabilities for an effective business success
  • EdgeAX PLM provides a 360-degree approach towards the planning, design, development and sourcing of products. Its management features offer quantum leaps for the introduction and revision of existing brands/products while facilitating business collaboration with vendors, anywhere in the world

EdgeAX PLM for CPG Features

Program & Project Management

  • EdgeAX PLM enables the cross-functional management of product development leveraging program management capabilities to optimize results across all projects

Product Management

  • EdgeAX PLM automates & manages critical information related to product design, development, global product specifications, packaging specifications, and labeling instructions
  • Product developers can search for an existing product specification or product instead so as to reuse product knowledge

Formula Management

  • Enables the design, optimization and value engineering of formulations

Packaging & Artwork

  • Maintains packaging and artwork specifications in digital format via PLM allows for rapid review and authorization of product changes

Product Sourcing

  • EdgeAX PLM provides the framework to collaborate with vendors and manage sourcing relationships as needed. Product sourcing features includes RFQ management, costing, sample management and quality management
  • EdgeAX PLM enables the exchange of product data such as requirements, specifications and compliance information between the CPG Company and its vendors with the effective use of its vendor portal

Exclusive Features of EdgeAX PLM for CPG Industry

Concepts Images & Tech Drawings
Project Feasibility Discussion Sheets Specifications Creation
Program Planning  
Calendar Management FORMULA MANAGEMENT
Program Bulletin Board  
New Products Costing
Product Extensions Requests for Quote
Displays Sample Management
Product Revisions Quality Management
Displays PLM Portal
Packaging Components Vendor Portal
Finished Goods  
Raw Materials Native Dynamics AX Integration
Bills of Material Reporting
Ingredient and Color Additive Labeling Instructions AX Workflows

Business Benefits

Greater profitability in product development and delivery through:

  • Accelerated time to market
    • Improved collaboration and accountability across global operations
    • Increased innovation capabilities
    • Visibility of design intent throughout development process
  • Operational Efficiencies
    • A single, unified source of truth for all product information
    • Enhanced process visibility – supporting streamlined packaging and specification management
    • Increased product quality
  • Cost Reduction
    • Higher efficiency and productivity
    • Increased success rate for new product adoption
    • Reduced number of prototypes
    • Reduced costs of data management across multiple systems
    • Reduced errors
  • Regulatory compliance and traceability

Exclusive Features of EdgeAX PLM for CPG Industry

EdgeAX PLM Ecosystem

For more information, please visit Unified ERP for CPG.