Lets look what product formulation is..
A key element of successful product innovation is the ability to rapidly and reliably develop new product formulations that meet corporate cost and other constraints while exceeding today’s ever changing customer and retailer expectations.
While formulation is often thought of as a stand-alone activity, product development specialists recognize that it is highly dependent on a wide range of inter-related information and cross-functional tasks. So even though companies understand how poor management of their formulation eco-system slows time-to-market and introduces costly risks, most aren’t sure what functionality they need to increase their competitive edge.
Here’s your chance to find out!
- Easily and accurately capture, manage, and share ingredient and product specifications, formulations, documents, and other product development information across a project team;
- Easily create and manage prototype ingredients during product formulation;
- Quickly optimize formulations to achieve specific target goals (cost, nutritional values, etc.) based on a set of constraints;
- Eliminate re-keying formulation information into supporting applications, such as ESHA Research’s Genesis® R&D nutritional labeling software;
- More effectively manage formulation and new ingredient validation processes;
- Automatically generate product specifications and other key documents;
- Increase management visibility into product development activities.
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