Trace One | Redefining Grocery Retail CPG and Private Label Product Development with Trace One PLM

Redefining Grocery Retail CPG and Private Label Product Development with Trace One PLM

| Trace One News
Posted By: Trace One

The grocery retail sector is under increasing pressure to meet stringent regulations, deliver on sustainability commitments, and optimize operational efficiency. Trace One PLM’s 2024 updates address these challenges head-on with tools that are practical, transformative, and built for the future. 

With cutting-edge solutions such as AI-powered automation, enhanced sustainability dashboards, and advanced project management tools, Trace One PLM ensures retailers can adapt to rapid changes and lead in an ever-evolving landscape. 

Key Features of the 2024 Updates 

Spotlight on Sustainability 

Sustainability remains a critical focus for retailers, driven by stricter regulations and rising consumer demand for eco-conscious products. The 2024 enhancements to Trace One PLM include upgraded Analytics Dashboards that provide detailed insights into packaging composition, recyclability, and compliance. Retailers can: 

  • Monitor and meet targets for regulations like France’s AGEC Law and the European Union Deforestation Regulation (EUDR), which takes effect in December 2025. 
  • Track metrics such as materials of concern, compostability, and recyclability across products and suppliers. 
  • Automate compliance reports, simplifying adherence to complex regional and global regulations. 

These features empower retailers to align seamlessly with sustainability goals while navigating the complexities of regulatory requirements. 

AI-Powered Automation 

Managing product certifications and compliance documentation is often a time-intensive process that can be prone to errors, especially when dealing with large volumes of supplier-provided information. Trace One PLM’s new AI-powered data extraction streamlines this process for both retailers and their suppliers.

 For Suppliers:

  • Automating Data Extraction: Automatically extract information from uploaded certification documents. 
  • Reducing Manual Workloads: Minimize the time and effort required to input certification details. 
  • Improving Accuracy: Significantly reduce the potential for manual errors. 

For Retailers: 

  • Enhanced Accuracy: Ensure fewer errors in the certification data submitted by suppliers. 
  • Boosted Productivity: Faster completion and validation of certification information, enabling quicker progress on compliance workflows. 
  • Data Accessibility: Extracted information is immediately available within the PLM system, allowing retailers to access and utilize data efficiently for reporting and decision-making. 

This dual benefit not only saves time, but also ensures operational precision, empowering suppliers to streamline their submissions and retailers to focus on strategic priorities with confidence in the accuracy and accessibility of their compliance data. 

Enhanced Project & Artwork Management 

Brand owners manage a wide array of projects, from new product launches to packaging design updates. The upgraded Project & Pack tool in Trace One PLM streamlines these workflows with features like: 

  • Flexible Workflows: Tailor processes to meet specific project needs, improving team collaboration and speed. 
  • Advanced Artwork Proofing: Ensure packaging designs are reviewed and approved with accuracy and efficiency. 
  • Expanded Dashboards: New tools like capacity planning, project tracking, and product launch evaluations provide actionable insights for better decision-making. 

These tools allow retailers to meet deadlines, uphold quality, and optimize resources, driving better outcomes for complex projects. 

Driving Innovation in Grocery Retail 

“Trace One’s 2024 enhancements are designed to empower grocery retailers and private label brands to meet evolving regulations, exceed consumer expectations, and achieve measurable progress in sustainability,” said Antoine Daviet, Chief Product Officer at Trace One. 

By simplifying compliance, enabling sustainability leadership, and streamlining project management, Trace One PLM equips businesses with the tools they need to adapt and thrive in today’s competitive grocery retail landscape. 

Learn More 

Discover how Trace One PLM’s 2024 updates can transform your business. Find out more by booking a demo with our team.