Item Lifecycle Management

Customers of various industries can use this application to manage the intake and review of new item requests and product trials. They can also interface external recall information from the National Recall Alert Center (NRAC) to match the latest recall data to FSM inventory. In addition, they can use data to identify, locate, isolate, and document unsafe products, food, pharmaceuticals, equipment, and other items in response to required or voluntary recalls or other corrective actions.

Use this solution with FSM Inventory, FSM Procurement, and Supplier Portal to manage the intake of new items and to intake, identify, notify, track, and manage your recall response for existing items. Ensure staff and customer safety through a centralized solution to increase compliance, conformance, and coordination across your enterprise with respect to product and supply mix along with recalls to those products.

Item Lifecycle Management includes these key features:

• Manage new item requests and proposals through various sources, both internal and external, for incorporation within your organizational value analysis processes.
• Manage item/product trials and requisitions for trial products.
• Track recall notices in a single repository from multiple sources, including the US Food & Drug Administration (FDA), National Recall Alert Center (NRAC), manufacturers, distributors, suppliers, and internal staff.
• Match recall data to FSM data within inventory, purchasing history, contract lines, and more.
• Generate tasks to resolve notices and document results.
• Automate role-based notifications and alerts.
• Monitor and confirm activities relative to managing a notice, such as pulling items from the shelf and returning them to the manufacturer or safely disposing of them.
• Report on all actions taken to respond to a notice, which has the additional benefit of simplifying audit processes.