Trace One Devex PLM Case Study

Shorten time to market and improve product portfolio management with Trace One Devex PLM

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Customer profile Advanced infant and adult nutrition

A global health, nutrition and personal care company specializing in advanced baby and adult nutrition, and premium-quality vitamins and supplements. The company operates throughout Australia, Europe, Asia, and North America employing over 2,800 people across 95 offices worldwide.

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The challenge Keeping up with the pace of business

Explosive business growth fueled a rapid rise in annual projects, which made maintaining visibility across the entire brand portfolio a challenge. Other challenges included successfully managing financial demands, meeting desirer product capacity and prioritizing decisions across the organization.

The company experienced difficulties in accessing up-to-date and consistent product information, which resulted in a lack of transparency across the project
portfolio.

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The solution Phase gate innovation process management

After a rigorous worldwide search, the wellness giant selected Trace One’s Innovation Process Management Suite and reporting dashboard inside of Trace One Devex PLM. The company cited the best-in-class product portfolio management capabilities, usability, and user-friendly
interface as key factors in selecting Trace One Devex PLM.

Trace One implemented a project portfolio management solution with a single global data repository and financial framework, supporting all worldwide locations, accounts, and currencies.