Product Planning & Management
Innovation means successfully turning ideas into products and services the customers will pay for. But innovation does not happen by accident.
Systematic generation of winning product ideas and systematic, yet flexible, planning for the realization of these opportunities is the single biggest factor that separates winning companies from losing companies.
Best performing companies also take decisive action to optimize the market performance of products as they move through the lifecycle. This can involve launching new options to the product, improving the launched product, improving manufacturing processes, improving service processes, lowering product cost, taking pricing decisions, channel development, launching marketing campaigns, etc.
Whether you are looking to improve your capability in requirements-driven product development, product lifecycle planning or optimizing your product portfolio, IDEAL GRP can help you succeed.
The value of requirements isn’t in capturing them, but in driving the product development process with the requirements. Key to successful product introduction is starting with customer and business needs, breaking them down to more detailed product requirements, and allocating the requirements to downstream functions for realization.
Innovation does not happen by accident. Instead, you need to plan for innovation. A top-down approach to product lifecycle planning inside PLM, determining what should be executed, combined with an understanding of what can be executed given your resources, timelines and more provides a framework for innovation.
Increasing number of product lines, product variants, and services has made it more difficult to understand and manage the offering of a company. Connect previously disconnected commercial and technical product information to establish a clear understanding of your entire product portfolio, and take strategic decisions based on facts.