Case Study: a global confectioner improves innovation and new product development with Selerant Trace One Devex PLM

How Devex PLM improves innovation

Global Confectioner Company used Selerant’s Trace One Devex PLM to bring order to a chaotic new product development process. Before the system was in place, project approvals relied on briefs, offline meetings, emails, and inconsistent practices, leaving teams siloed and making it difficult to track innovation, commercialization, and new product decisions.

With Selerant’s Trace One Devex PLM, the company standardized product planning and development, improved cross-functional accountability, and gained better visibility into projects through regular check-ins, task reminders, and reporting. The team could track base business versus new product development, measure innovation as a percentage of sales, and quickly drop unprofitable items, resulting in faster approvals, better control of budgets, and more efficient, economically viable innovation.