Networked Formula Management Connects Teams
We’ve heard from many companies that creating and updating formulas is labor-intensive and slow. TraceGains wanted to make it easier. With our networked Formula Management solution, users can connect with suppliers and ingredients on TraceGains Network and get instant access to the supply chain data and documents needed to speed up the formulation process.
Go from Manual Processes to Automated Results for Better, Faster Innovation
Formula Management allows companies to create, modify, review, edit, and update formulas and recipes while collaborating across departments and suppliers or co-manufacturers. With network connectivity, the software gives teams immediate access to more than two million supplier-provided documents to accelerate formula and recipe development. Rapid digital prototyping with real ingredient and supplier data helps teams achieve ideal product criteria faster. Automatic version control with roll-back capabilities ensures all documentation, recipe variants, and information exchange are digitally tracked and searchable for a complete audit trail. And dynamic change management capabilities provide insight into the upstream and downstream impact of updates, with automatic alerts for stakeholders when changes occur or action is needed.
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See how Formula Management from TraceGains connects teams with the information they need to work smarter.