New Product Development (NPD) in Sciforma 5.0

Stage-Gate Process

New Product Development consists of bringing a new product or service to market. This process involves idea generation, market research, marketing analysis, product design, and detail engineering and therefore involves coordination between different departments (Marketing, R&D, Engineering, Quality, Production, etc.).

Successful NPD projects rely on:

  • Clearly defined project definition and stakeholder analysis.
  • Flexible framework and processes.
  • Clear roles and responsibilities.
  • Strong team leadership.
  • Excellent collaboration and cross-functional teamwork.
  • Risk/Reward management.

With Sciforma 5.0, you can:

Scoring
  • Create work flows that integrate your "Stage-Gate" or "Phase-Review" frameworks.
  • Initiate and describe a new idea.
  • Help project managers estimate the technical feasibility, market Impact or financial reward for any idea.
  • Manage the relevant prioritization criteria and gather stakeholders’ opinions.
  • Generate an efficient dashboard to help management select future successful projects.
  • Roll-up and monitor the new projects’ performance.
  • Balance between different activities (innovative projects, regulatory projects, continuous engineering, etc.).
  • Combine views of projects (strategic vs operational) to enable powerful Key Performance Indicator (KPI)-based dashboards for ensuring projects are on track.

Sciforma 5.0 industry customers testimonials

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NPD brochure

 

For further information ...

For any questions about pricing and contract terms, please contact our Sales Department.
Direct line: 800-533-9876, or by e-mail at sales@sciforma.com