Managing Product Innovation

  • Source: SAP
  • Written By:
  • Published:
  • (Originally Published On:) )
Inadequacies at the front end of the product development process is one of the leading causes of product failure for consumer products companies. Many companies thus make ill-informed decisions that turn into costly mistakes. The challenge is to establish a front-end process that nurtures profitable innovation and maximizes portfolio value in light of resource constraints, portfolio balance, and strategic alignment.

Featured Software Research:

Best Practices for Managing Just-in-time (JIT) Production

Just-in-time (JIT) manufacturing “is not procrastination, but making a commitment once the scales are tipped in the favor of certainty.” How do you keep your company from falling prey to the “deer-in-the-headlights” syndrome and suffering from decision failures? In this guide, experts share their top seven best practices for deftly managing JIT manufacturing. Read More

CMMS vs EAM: What Is the Difference?

  • Source: IFS
  • Written By:
  • Published:
Every enterprise asset management (EAM) application can be used as a computerized maintenance management system (CMMS), but not every CMMS can be used as, or has the broad functionality of, an EAM application. More specifically, CMMS is essentially about managing maintenance work necessary to sustain an asset, whereas EAM has more to do with managing the asset over its lifecycle to minimize cost and risk while maximizing return. This white paper explores how CMMS applications and EAM applications... Read More

You may also be interested in these related documents:

The Transformational Power of See-through Product Innovation

If product ideas in the past emerged from the mind of a single inventor, they are now harvested everywhere—from customers, prospects, engineers, support staff, business analysts, bloggers, executives and marketing professionals. Succeeding with good ideas in that environment, and abandoning unworkable ones early on, requires a complete end-to-end product innovation management platform. Find out more. Read More

9 Ways to Drive Down Product Development Costs in a Tough Economy

  • Source: PTC
  • Written By:
  • Published:
As consumer demand drops, many companies are being forced to lay off staff. That might help in the short term, but those companies still have to keep operations going, reduce costs, keep profits up, and produce high-quality products—only now with far fewer people. This in-depth guide offers nine product development strategies for your company to weather this downturn and prepare for the eventual economic rebound. Read More

Managing Product Recalls to Reduce Risk and Minimize Cost

  • Source: Sage
  • Written By:
  • Published:
Food and beverage producers need to effectively address the impact of industry-specific requirements and legal mandates on their businesses. Since 2002, the greatest legal impact is in the critical process of handling product recalls. Explore your options for minimizing and eliminating threats to your business—be “emergency ready” by better managing quality control processes and food traceability data. Find out how. Read More
comments powered by Disqus