What is PLM software?
Product Lifecycle Management (PLM) software manages everything that defines a product throughout its life, from the idea and the specifications to the end of life: product data, recipes and formulas, packaging, documents, regulatory data and development projects.
Why do food and cosmetics companies need a specific PLM?
Their products are defined by formulas, not by CAD drawings. A PLM for consumer goods calculates nutrition facts, allergens, ingredient and INCI lists, costs and compliance from the formula, and generates the specifications expected by customers and regulators.
What is the difference between PLM, ERP and PIM?
The ERP manages orders, stock, production and finance. The PIM prepares the product information published to customers and websites. The PLM manages the product definition and its development; beCPG includes PIM capabilities and exchanges data with your ERP.