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Product Development

The Secret Ingredient to Success: Five Benefits of Formulation Software in Food & Beverage Innovation

A Recipe Management System (RMS) is a critical component of Product Lifecycle Management in food and beverage. Read our article to learn 5 benefits of a purpose-built RMS.

A Recipe Management System (RMS) is a critical component of Product Lifecycle Management (PLM) in food and beverage, providing specialized functionalities tailored to the unique demands of the food sector.

It is designed to streamline formulation and recipe management, optimizing the progression of a recipe from inception to market launch with the ability to integrate other key data or systems as required. It has become a crucial technology companies use to manage ingredient and recipe information, collaborate with key stakeholders, and develop and adapt products quickly. 

  1. Improves collaboration and communication among diverse teams and with supply chain partners 

A Recipe Management System offers a centralized hub to manage supplier information and ingredient specifications online. Developing a standardized communication protocol can help establish clear expectations for response times and follow-up procedures.

It provides a clear documentation process to ensure that all amendments and reviews are documented with version control. A purpose-built RMS provides a seamless, responsive workflow where each step is clear, necessary, and value-adding. 

  1. Streamlines and optimizes processes for efficiency and effectiveness 

Recipe Management Systems provide a single source of truth to track ingredient and recipe history throughout the product lifecycle—from supplier data to final label. Incorporating functionalities like automated form filling and submission, workflow automation, real-time data sharing and automated tracking and alerts reduces time spent on manual processes and repetitive tasks. 

3. Reduces time to develop and bring a product to market 

Improved collaboration and communication, automated processes and incorporating compliance checks earlier in New Product Development (NPD) processes enables faster speed to market and agility to adapt to regulatory changes and market trends.

Automated calculations for losses and gains, as well as nutrition, allergen and cost calculations allow companies to instantly check how recipe changes impact key data. 

  1. Ensures products meet regulatory compliance requirements 

Recipe Management Systems can incorporate region-specific nutritional rules within the system to ensure nutrition labels meet requirements for target markets. Automated compliance checks enable companies to stay up to date on certification expiration warnings and regulatory changes. 

5. Enhances the overall quality of the final product 

A purpose-built RMS creates a seamless, responsive workflow where each step is clear, necessary, and value-adding. Streamlining processes allows companies to shift time spent on manual, repetitive tasks to focus on innovation and continuous improvement.

A Recipe Management System allows teams to put out more successful products in less time—with higher quality and with product information that customers and consumers can trust to be accurate. 

By embracing a purpose-built digital innovation platform, businesses can create more streamlined, effective operations and enjoy increased agility as they meet mounting compliance and consumer demands and unexpected supply chain disruptions. As the industry continues to evolve, those who act swiftly and strategically to leverage digital solutions in their product development processes will undoubtedly be the ones to lead in innovation. 

Discover the essential Product Lifecycle Management (PLM) system purpose-built for food and beverage 

Handling the complexities of product development is challenging and time-consuming if you do not have the right tools. FoodChain ID’s Recipes & Specifications provides an end-to-end capability that manages specifications, recipe and label development, compliance, and syndication to other key systems. Learn more.

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