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Technical and New Product Development system

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Technical and New Product Development system What is MyThyme ? Management Control Covers all aspects of the business Exceptionally strong on NPD & Technical Operates ... – PowerPoint PPT presentation

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Title: Technical and New Product Development system


1
Technical and New Product Development system
2
What is MyThyme ?
  • Covers all aspects of the business
  • Exceptionally strong on NPD Technical
  • Operates in a live environment
  • Developed to your needs
  • Excellent KPI reporting
  • Integrates with other accounts packages

Management Control
3
Technical
  • Live technical ingredient and recipe
    database
  • Nutritional and Allergen data
    incorporated
  • Recipe within a recipe facility
  • Easy recipe creation
  • Recipes created in development model
  • Transparent costing process, incorporating known
    losses

4
Specification and Nutritional data
  • All key technical data is entered at ingredient
    level
  • All nutritional data is pulled through to recipe
  • Facility to show ingredient origin and country of
    manufacture
  • Automated specification document created
    populating all key technical data

5
Automated Specifications
  • Product details
  • Customer details
  • Supplier details
  • General description
  • Legal name
  • Ingredient declaration
  • Additives
  • Nutritional data
  • Allergens
  • Intolerances
  • Micro testing
  • Contaminants
  • General specification
  • Product composition
  • Extended nutrition's and additives

6
New Product Development
Ingredients Bill of material Control
Costs Ingredient cost Process method
Nutritional data Nutritional data Process losses
Shelf life Quality Assurance Sheet Sales price and customer
Allergens Allergens Gross Margin
Origin Pictorial database Automated Specifications
  • Easy to construct recipe
  • Nutritionals are visual and automatically
    calculated as you create the recipe
  • Accurate costing process, including known losses
  • Target sales price calculates gross margin
  • All info accessible to everyone

7
Business costing model
  • Pricing start / review date
  • Material cost per kilo
  • Packaging cost per kilo
  • Transport cost per pallet
  • Cost price
  • Selling price
  • Over rider
  • Margin per tonne
  • Gross margin

8
  • Structured NPD launch process
  • Easy recipe creation
  • Nutritional data automatically calculated
  • Allergens clearly defined
  • Automated technical specifications
  • Transparent accurate costing process
  • Recipe is accessible to everyone
  • Data is transferable from most ERP systems

9
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