processPoint provides collaborative PLM solutions for the process industries
Sequencia Corporation recently announced that processPoint, the collaborative Product Lifecycle Management (PLM) solution for the process industries, is being used in a record number of chemical industry contract manufacturing projects. processPoint is being used as a collaborative product development and deployment solution by Richman Chemical Inc. (RCI) to manage and control over 30 active projects covering over 100 customers and partners in contract and toll manufacturing for the pharmaceutical and fine chemicals industries.
RCI has implemented processPoint as their custom-manufacturing marketplace covering over 400 contract manufacturing companies. RCI is the largest independent broker of sourcing and contract manufacturing services in the chemical industry.
"processPoint is allowing us to more effectively manage our projects," said Edward Richman, PhD, founder and president of RCI. "processPoint's smart capability matching helps us quickly determine the optimal contract and toll manufacturing plant for each project. We use processPoint's Internet based model to give us project management access from anywhere in the world, and because all project communication is logged and archived we have fewer project delays.
The Sequencia processPoint family of product life cycle management solutions provides collaborative product development and deployment within an enterprise, across a value chain, as a private trading exchange, or as a service within a public trading exchamge. processPoint supplies; management of product definitions, matching of site's process capabilities to quickly determine where products can be manufactured, project costing and scheduling visibility, cross company project tracking, management of technology transfers to manufacturing sites, and automated conversion of product definition information to site specific manufacturing instructions.
Through the Strategic Partnership Agreement, RCI is implementing their entire contract manufacturing business on processPoint. The relationship will allow RCI to extend its independent outsourcing to a broader community. In addition to managing projects with a multitude of suppliers around the world via the processPoint collaboration technology, RCI is also working with Sequencia to enhance the processPoint contract manufacturing database and to deploy industry B2B exchange standards.
About Sequencia
Sequencia Corporation provides collaborative PLM solutions to automate the deployment of new product and process innovations into the manufacturing supply chain within the specialty chemical, pharmaceutical, food and beverage, and consumer packaged goods industries. Sequencia offers collaborative product definition and deployment solutions through its processPoint family of products. The Company's solutions enhance the integrity and speed of new product development, product change management, and Internet-centric virtual manufacturing. Additional information is available at www.sequencia.com and www.processpoint.com.
About Richman Chemical Inc.
Richman Chemical Inc. pioneered the Independent Outsourcing Company business model, and has been developing innovative solutions for chemical and pharmaceutical companies throughout the world since 1988. The company now enjoys an industry-wide reputation for delivering superior custom manufacturing services in a timely and cost-effective way. Richman Chemical delivers value and drives profit for outsourcing companies and CMOs worldwide. The Company's capabilities include all types of syntheses and unit operations with virtually unlimited access to equipment from laboratory to full commercial scale. Additional information is available at www.richmanchemical.com.
Source: Sequencia
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