Virtual manufacturing teams in life science companies and their contract partners can now ensure on-time production, gain visibility to production milestones and accelerate the entire manufacturing lifecycle with the new Production Tracking solution from TraceLink. With this cloud-based solution, team members can collaborate on production orders and track their progress from purchase order initiation through to final product delivery.
Woburn, MA (PRWEB) May 4, 2010 -- The new Production Tracking solution by TraceLink helps virtual production teams seeking to drive outsourced manufacturing collaboration and improve production life cycle visibility. Finally, pharmaceutical, biopharmaceutical and medical device / equipment companies can partner with their contract manufacturers (CMOs) and packagers (CPOs) to create a common view of production status through Production Tracking’s planning and execution capabilities.
With Production Tracking, life science companies and their contract partners can:
o View line item progress against key milestones such as material readiness, quality review cycles and product delivery
o Track production milestone status against days-to-delivery throughout the life cycle
o Gain insight through related notes and documents attached to the production order
o Visually scan production dashboard to identify and investigate orders not tracking to plan
o Quickly approve, reject and modify order components and line specifications as needed
o Agree on and confirm quantities and delivery dates
o Split delivery of PO line items based on production readiness
o Invite manufacturing, materials, quality, project management and other team members into the virtual team workspace
o Standardize purchase order processes across diverse customers, partners and suppliers
TraceLink helps brand owners, suppliers and contract partners create a predictable manufacturing and supply network by providing them with software solutions that enable execution of any business process with any partner at any time in a secure business cloud. Combining a team collaboration platform with instrumented business process modules, companies can establish an inter-company business process web that enhances the performance, quality, and timeliness of their global manufacturing and supply network operations. With visibility across the production lifecycle, companies increase control of manufacturing and distribution operations, improve operational performance and reduce production scheduling risk.
TraceLink's Predictable Supply Suite solutions are available online via monthly subscription and are scalable to meet the needs of Top 20 pharma/medical device companies, startup biopharma firms and contract manufacturers of all sizes.
TraceLink is funded by FirstMark Capital, a venture capital firm managing more than $2 billion in capital commitments. For more information, visit www.tracelink.com.
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