NexInfo and Spec Page Webinar: Transforming Product Lifecycle Management

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Taking the Pain out of Product Lifecycle
Management (PLM) for Food Beverage Companies
JiJJJJm
Wilma Flanagan PLM Expert VP of PLM Practice
Brent Cutler President Americas JimTravers SaaS
Software Solutions Expert Business Development
Manager
How to Take the Pain Out of PLM for the Food
Beverage Industry

• November 19, 2019

_at_NexInfoSolution
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Agenda

• Introduction
• Food Beverage Industry Challenges
• PLM Trends/Technology Landscape
• Overcoming Challenges Improving Quality
• Taking the Pain Out of PLM
• PLM Considerations
• Guide Building a Business Case for PLM in FB

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Reminder Submitting Questions
Questions?
Please submit questions using the Questions
option on the GoToWebinar panel
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Meet the Presenter Wilma Flanagan

• Vice President, PLM Practice at NexInfo
• Experience
• Former Startup CEO/COO, Innovation/PLM
  Consultant, IT Management Consultant, CIO
• Over 25 years helping clients around the world
  with their PLM journeys, including
• Process Streamlining Alignment with PLM
• Organization/PLM Evolve Assessments
  Optimizations
• PLM Benchmarks Selections
• Business Plans Strategies
• Data Model/Quality/Integration Data Governance
• Leading PLM Implementations
• Organizational Change Management

Working with clients to identify compelling
business problems. Delivering on the promise of
innovative results.
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Meet the Presenter Brent Cutler
President Americas, SpecPage

• Three decades of experience in food engineering,
  organizational, practical and technical aspects
  of formula-based food and beverage production and
  supply chain expertise to expand SpecPage
  initiatives in North, Central and South America.
• Development of strategy and direction, counsel
  for a wide range of operational functions,
  including sales support and business
  scale/expansion opportunities.
• Promotion of growth via digital transformation,
  core brand quality and innovation for operations
  to achieve and maintain high standards for
  product, process and packaged production.

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Meet the Presenter Jim Travers
Business Development Manager, SpecPage

• Expert innovation strategist, empowering FB and
  consumer packaged goods producers to achieve
  sustainable growth and success with advanced
  product, process and quality optimization
  technologies.
• More than 10 years of experience with SaaS
  software process solutions, with a dedicated
  passion for food safety, and value-added
  strategic product, labeling and regulatory
  compliance enhancements.
• Currently serving as Business Development
  Manager, Americas for SpecPage, global leaders of
  Product Lifecycle and Product Data Management
  process solutions exclusively dedicated to food
  and beverage manufacturers.

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What is PLM?

• PLM, or Product Lifecycle Management, is an
  information management system that can integrate
  data, processes, business systems and,
  ultimately, people in an extended enterprise.
• In the FB industry, product lifecycle management
  (PLM) is the process of managing the entire
  lifecycle of a food or beverage from inception,
  through research development (RD) and
  manufacturing, through obsolescence.

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What is PDM?

• Product Data Management (PDM) for FB
• Use of software to manage product data and
  process-related information in a single, central
  system
• Information includes recipe mgmt., formulation
  data, simulations, calculations, specification
  mgmt., manufacturing instructions, requirements,
  notes and documents.

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Polling QuestionDo you currently use a PLM
solution at your organization?

• Yes
• No
• In process of selecting a PLM solution

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Polling QuestionWhat PLM System do you use
today?

• Oracle (Agile PLM for Process Software)
• SAP
• Infor
• Selerant
• Other

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Food Beverage Industry Trends and Challenges
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Key Trends Impacting Food Beverage in 2019

• Health Wellness continues to drive Innovation
• Increased demand for ingredients like
  omega oils, probiotics an gut-friendly
• foods in new products and reformulations
• Traceable to Origin
• Consumers increasingly concerned about
  provenance of their food resulting
• in higher demand for information on where
  ingredients come from
• Meat-Free and Organic continue to expand Market
  Share
• Legalized CBD
• Legalization of CBD leading to brand
  mergers with innovation incorporating
• CBD in food and beverages
• International Regulatory Compliance

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Industry Challenges for Food Beverage
TO MAINTAIN COMPETITIVE ADVANTAGE
Business Drivers

• Innovation
• Growth

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PLM Implementation Pains
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Complex PLM Technical Landscape
Typical Enterprise Systems for Food Beverage
Companies

• Product Lifecycle Management
• Products Product Portfolios
• Bill of Material
• Manufacturers Suppliers
• Quality
• Documentation

Quality
PLM(Product Lifecycle Mgmt.)

• Supplier Management Quality Assurance
• Maintain Audit Data

Supplier Deviation Mgmt.
Doc Mgmt.
Suppliers / Contract Mfr
Key Documents
Supplier Data Flow
Metadata
Supplier Rating

• Document Approvals
• Document History
• Document Collaboration

BOM
Manufacturer
Item Data
BOM
Suppliers
Regulatory Mgmt.

• Forecasts
• Supply Chain Plans
• MPS MRP

• Log Regulatory info

Forecasting Planning
ERP
Project Mgmt.
CRM, HUBs, RD,, etc.

• Enterprise Resource Planning
• Manage Manufacturing, Procurement, Costing, etc.
• Manage Finance, Projects, etc.

Abbreviations BOM Bill of Material
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Additional PLM Implementation Pains

• PLM Software costs
• Difficult, lengthy implementations leading to
  high costs
• Ease of configuration
• Ease of use
• Time to Value

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What Drives the Need for PLM?

• An enterprise is in control of its products
  regardless of lifecycle phase and current
  ownership of product
• Improves RD, Supply Development and
  manufacturing processes
• Innovation acceleration
• Product Portfolio Management
• Supply Development, approval and control
• Product-related cost reductions
• RD recipe changes
• Product recalls

PLM has become essential for enterprises to be
competitive in a rapidly globalizing world of
reformulated, new food and beverage products
(Kroes et al.)
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7 PLM Business BenefitsEvery Company Needs to
Know

1. Shorter time to market
2. Reduced compliance risks ...
3. Decreased costs ...
4. Increased productivity ...
5. Accelerated revenue growth ...
6. Drive innovation ...
7. Enhanced product quality.

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PLM Helps Companies

• Improve revenue by 13.4
• Grow profit margins by 13.2
• Increase percent of revenue from new products by
  15.8

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Taking the Pain out of PLM
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SpecPages Approach to Industry Challenges

• Innovative solutions to help formula and
  recipe-based FB manufacturers produce better
  quality products for less
• while complying with increasingly stringent
  global regulatory
• compliance challenges.
• Accelerate time to market and increase revenue
  more quickly than with any other process solution
  by
• - Eliminating formula and specifications
  spreadsheets
• - Helping organizations digitize
• - Traceability, transparency, and data leverage
• Online catalogues for user-friendly and efficient
  publication, distribution and marketing of
  product information.

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SpecPage Takes Pain Out of PLM

• Easier to implement, with 90 days of
  implementation time allotted
• More cost effective than mainstream solutions
• Highly configurable, requiring less external
  resources
• Multiple options Basic or Enterprise
• Broad range of solutions (PDM, PLM,
  Supplier/Buyer Portals, Compliance Tools)
• Easy, standardized migration from Oracle and SAP
• Shorter, better realized Time to Value

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Benefits
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Top 5 Ways SpecPage Helps

1. Lower risk and errors by having an integrated
   flow and place to manage all processes and data
2. Faster customer responsiveness by quickly sharing
   customer issues with right people
3. Higher employee productivity by eliminating
   manual data entry and double-checking of data
4. Increased IT agility by leveraging a flexible,
   highly configurable and integrated cloud platform
5. Lower TCO with a single modern cloud platform

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PLM Considerations for Food Beverage
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Polling QuestionIs anyone experiencing one of
more of these signs indicating a need for a
change?

1. Increase in reported incidents or customer
   complaints indicate that current systems are
   inadequate
2. Longer times to resolve customer complaints show
   lack of common view/process into critical data
3. Presence of multiple systems, especially
   homegrown, usually introduce unneeded risk to the
   business
4. Decreasing customer satisfaction show lack of
   responsiveness and communication
5. Increasing field customer service costs show
   lack of communication across QA, service and
   design teams

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Developing a Business Case
Step 1 Confirm the opportunity Describe the
situation and the business opportunity that your
proposal will impact. This will include the
background to project, the investment logic and
the high-level business requirements. Step 2
Analyze and develop shortlisted options Identify
the alternative approaches and select three or
four options to analyze. Gather information about
each alternative, analyze the options and develop
the shortlisted options. Step 3 Evaluate the
options Evaluate how the alternatives will
deliver on the business objectives, then select
the preferred option, taking into account the
strategic and financial value created and the
risks. Step 4 Implementation strategy Create
the implementation plan for the preferred option,
detailing how to achieve the business objectives,
who will be accountable for each milestone, and
how to mitigate the project risks. Step 5
Recommendation Confirm the recommended option.
Create the business case documents and present
the business case recommendation to leadership.
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PLM Considerations
Evaluate functional solution capabilities first,
unless company standards mandate a deployment
approach. After selecting the right functional
solution, evaluate and select optimal deployment
and pricing models that give your business the
most benefit considering cost, risk, and time to
achieve value. Consider the strategic value of
cloud solutions for global deployments to support
company growth strategies. Make sure to
consider the future, including the transition to
a digital enterprise. We believe that FB
manufacturers that dont digitalize will be at a
competitive disadvantage. Narrow down solutions
based on these high level criteria to create a
smaller list of solutions to evaluate.
Recognize that any selection process will
require tradeoffs so understand which
requirements are the most important to the
company.
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QA
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Building a Business Case Guide
Thank you for joining todays webinar! Please
check your inbox over the next couple days for
your complimentary copy of our Business Case
Guide to help you justify your Food Beverage
companys investment in a PLM solution.
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Contact Us
HEADQUARTERS615 W Civic Center Drive, Suite
350 Santa Ana, CA 92701 EMAILLetsTalk_at_nexinfo.co
m TELEPHONE[phone]
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Client Testimonials How SpecPage Takes the Pain
Out of PLM
We decided to go with SpecPage because it was a
centralized system that could communicate
effectively to many of our other software
platforms. We felt comfortable that SpecPage knew
our business and could serve as the center of our
operation, bringing multiple systems together in
one place. -Gerry Leganski, Vice President,
Koch Foods
We sampled various vendors who seemed to have
similar solutions. But when we looked deeper, we
saw SpecPage as the only solution that could grow
with us and be flexible to our business process
not the other way around. -Thomas Grupp,
Technology Manager, Select Food Products Ltd
SpecPDM software has been implemented at Dr.
Oetker at various locations, in various countries
and language versions. It is characterized by
transactions and processes that simply map all
phases of the product development process such as
recipe management, costing, specification
management, declarations and the corresponding
storage of data and information up to product
implementation and beyond. -Dr. Udo Spiegel,
Head of RD, Dr. Oetker
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Who is NexInfo?

• Started as a supply chain consultancy in 1999
  with more than 50 PLM implementations across
  several industries and PLM Solutions, many across
  the globe We are the enablement leaders behind
  the leaders
• Proven PLM Framework, implementation approach
  and learned Best Practices
• Food Beverage Business/IT Process and
  Applications Solution Architect experience
• Large, proven Talent Pool with PLM, ERP, Supply
  Chain, and integration skills
• Current State, Future State Process Design and
  alignment with PLM solution
• Realized PLM benefits for many Food Beverage
  clients
• Ability to provide hosted solution and support
  managed services
• Our partner relationships

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Who Is SpecPage?

• SpecPage is a global leader in state-of-the-art,
  enhanced digital process solutions for
  formula-based food and beverage industrialized
  production.
• Delivering innovative software solutions on
  premise or in the cloud, SpecPage focuses on
  helping you achieve and sustain growth with
  seamless, connected, data driven results.
• SpecPage is uniquely dedicated to the food and
  beverage industry, keeping customers
  exceptionally competitive and highly regulated
  particularly for manufacturers with global
  presence.
• SpecPages innovative process solutions make
  modern recipe-based manufacturing manageable and
  legally compliant.
• SpecPages formula-based lifecycle management
  software delivers a holistic approach
  empowering food and beverage manufacturers to
  accelerate innovations, leverage new product
  trends, streamline costs, and deliver
  better-quality products with enhanced global
  regulatory compliance to reduce risk.

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NexInfo/SpecPage Partnership

• NexInfo/SpecPage Team is committed to our
  clients success
• We have delivered on the promise of innovation
  and as a result have helped many clients realize
  PLM business benefits
• Our delivery results are based on
• Teams comprehensive capability both with
  Technology and Food Beverage Business Process
• Our flexibility
• Informed opinions and years of client consulting
  experience
• Proven PLM process alignment/migration approach
  with best-in-class PLM solution, SpecPage
• We pride ourselves in doing projects with our
  clients