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Multi-stage collaborative Program and Project Management processes to streamline the way you deliver new products and services to market.with the visibility to focus resources on winning new products, faster.
Prodika's New Product Development (NPD) utilizes a multi-stage operational
model for new product development, providing an online collaborative framework
for ideation, concept, product and market qualification, product launch, and
post-auditing of both in-process and in-market performance.
Business Benefits
- Maximize the profitability of new product introductions
- Streamline communication and coordination while increasing information visibility throughout your organization and the extended supply chain
- Accurately screen new ideas early in the product lifecycle
- Decrease ambiguity through process roadmaps toward a more efficient product development process
Key Capabilities
| Strategic Alignment |
- Proven framework for screening new ideas helps increase success rate for new products
- Aggregate planning tools promote project prioritization and coordination of shared resources
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| Collaboration |
- Collaborative, activity-based workflow model helps create a shortened time-to-market
- Increased communication and coordination ensures high development productivity
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| Best Practices |
- Global visibility promotes idea re-use and innovation while increasing organizational memory
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| Project and Activity Templates |
- Ensure proper team member formulation and critical path recognition
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| Process Roadmaps |
- Mapping activities, team member roles, and process dependencies decreases ambiguity throughout design, development, and commercialization
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| Workflow |
- Multi-Stage operational model for managing new product development and product changes
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Fast and Responsive NPD
Recent studies have confirmed that over 80% of an organization's total spend for new product development occurs in the last three stages of the product development lifecycle (design, development, and commercialization). Utilizing sophisticated aggregate product planning tools and processes, Prodika NPD helps companies better prepare for, prioritize, operate, and manage within these high spend phases of product development. Prodika helps your organization maintain a fast and responsive NPD process with high development productivity focused on delivering products with distinction and integrity. |
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Multi-Stage Operational Model
Prodika's NPD process utilizes a multi-stage operational
model for new product development. This model, which is universally recognized
as optimal for product development, utilizes discrete information collection
and investment points called "stages", followed by formal review, prioritization,
and approval points called "gates". Unlike other Phased-Gate technologies,
Prodika's NPD process supports highly collaborative, parallel activities ensuring
that decisions are made according to "information thresholds" rather
than pre-set schedules. |
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