BOSTON--(BUSINESS WIRE)--TraceOne today announced it has been included in Gartner’s December 2012 report ‘A Guide to PLM Providers for Formulated Packaged Goods Industries.’ This research examines seven product lifecycle management (PLM) software vendors perceived as the most prominent among manufacturers of formulated products with sufficient presence, capabilities, and viability based on vertical experience, expertise, and software functionality.
Gartner assessed PLM vendor capabilities across six industries: packaged food and beverages; consumer chemicals; industrial and specialty chemicals; personal care; flavors and fragrance; and pharmaceuticals. TraceOne received a “strongly validated” rating in the packaged food and beverages category. TraceOne also received “somewhat strong” ratings in consumer chemicals and personal care. All three of these industries are considered high growth for private label products. In the report, Gartner noted one of TraceOne’s strengths to be its experience and expertise in working with retailers and trading partners.
“We believe our inclusion in this report affirms that retailers should consider TraceOne as a good candidate for private-label retail and CPG manufacturers' supply chain activities and is a testament to our decades of expertise in helping the largest retailers and manufacturers worldwide as well as our ongoing investment in product development,” said Jerome Malavoy, founder and CEO, TraceOne. “In 2013 we are excited to continue to bring to market products and solutions that unify all processes for improved collaboration, efficiency and, brand loyalty.”
Key Ratings for TraceOne:
TraceOne was “strongly validated” or “somewhat strong” in all of the below areas. “Strongly validated” is Gartner’s highest rating in this report and “somewhat strong” is the second highest rating.
Industry Presence and Perceived Value Delivered
- Packaged Food and Beverages, “Strongly Validated”
- Consumer Chemicals, “Somewhat Strong”
- Personal Care, “Somewhat Strong”
Well-Established PLM Software Categories
- Specifications Management, “Strongly Validated”
- Formula and Recipe Management, “Somewhat Strong”
- Label and Artwork Management, “Somewhat Strong”
- PLM-Centric Team Collaboration, “Somewhat Strong”
- Reporting Specific to the Industry, “Somewhat Strong”
Emerging PLM Software Categories
- Quality Management and CAPA, “Strongly Validated”
- Materials and Parts Search and Selection, “Somewhat Strong”
- PLM Infrastructure, “Somewhat Strong”
TraceOne’s suite of e-collaborative solutions for private-label PL PLM spans product development, product information management, sourcing, recipes, package-copy (pack-copy), artwork, labels, quality assurance, legal, recalls, traceability, and the ability to buy private label recipes/programs. These processes allow retailers and manufacturers to more efficiently and effectively manage their brands and banners on a regional, national or global level. TraceOne currently provides PL PLM products and collaboration solutions to 12,500 suppliers and more than 35 retailers worldwide.
Download a complimentary copy of Gartner’s ‘A Guide to PLM Providers for Formulated Packaged Goods Industries’ report here. To learn more about TraceOne’s full PL PLM suite, or any other products, please visit www.traceone.com.
Source: A Guide to PLM Providers for Formulated Packaged Goods Industries, Marc Halpern, Janet Suleski, Michael Shanler, Michael Burkett, December 20th, 2012.
TraceOne was created in 2001 and launched the first collaborative online platform in SaaS (Software as a Service) mode for managing the development and quality of private label products. The TraceOne user community spans the globe from Europe to North America to Asia, and the company has offices in Boston, Chicago, Paris, London, Madrid, and Hong Kong. Its mission is to drive food and non-food product innovation, support brand protection, and accelerate time-to-market for retailers, manufacturers and food service companies. TraceOne is committed to enabling collaborative processes between retailers and manufacturers thereby optimizing the sourcing, tendering, launching and development of consumer goods, while controlling product information and ensuring product and food safety. This not only supports the protection of brands, but also maximizes profitability and competitiveness throughout the product lifecycle management process.