In an industry characterized by variation and customization, it is crucial that coatings manufacturers depend upon a reliable software system to meet customer needs and increase profits. As process manufacturers, these companies must be able to create, distribute and administer formulas, reduce workoff, and ensure that batches conform to product standards -- despite a number of variables, including seasonal variability, changing regulations and availability of raw materials.
It is important to recognize that in order for coatings companies to compete in such an environment, they need to go beyond simple deployment of off-the-shelf inventory and planning software systems, and implement an integrated product lifecycle management (PLM) solution that enhances the entire product lifecycle -- from concept to market. PLM software enables companies to drive revenue growth and sustain a competitive advantage by speeding time to market, increasing R&D productivity, and integrating product development into the supply chain.