Shifting regulations, rapidly changing consumer preferences, and disrupted supply chains make it increasingly challenging for CPG companies to innovate.
TraceGains allows teams to leave manual processes behind and automate results by digitizing and streamlining new product development for better, faster innovation. In addition, networked means manufacturers no longer have to chase down suppliers for information or documents because it’s already available and easily accessible.
TraceGains Network has grown exponentially over the last decade. On average, companies find that 80% of their suppliers are already on TraceGains Network, allowing them to connect and collaborate instantly.
With Networked Product Development, teams can:
Acquire a unified view of products, information, and processes across the business and throughout the supply chain, no matter how complex or dispersed.
Get instant access to more than two million supplier-provided documents to accelerate formula and recipe development.
Achieve more informed, cost-effective ingredient and material research choices and significantly reduce new product development timelines.
Access cost, nutrition, allergen, and product claims criteria faster by digitally modeling recipe variants with essential ingredient and supplier data.
Automate version control with roll-back capabilities to instantly find existing and past formulas, recipes, and product details.
Centralize product management with all documentation, recipe variants, and information exchange tracked digitally for a complete audit trail.
This infographic shows how easy it can be for manufacturers to transform the way they do business.