Mill Products - Fabricated Metal Products > Time to Market > New Product Development

New Product Development

Business Scenario

 

Business Scenario Maps

  • CAD-Driven Design Process
  • Collaborative Engineering with cFolders
  • New Product Development
  • Process Engineering
  • Project Management for R&D
  • xApp: Resource & Portfolio Management (SAP xRPM)

    • Key Performance Indicators

  • Lead times: product development
  • R&D costs as a % of Revenue
  • Time to Market

    • Partner Opportunities

  • Partner Opportunities in Mill Products - Fabricated Metal Products
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    A company's capability to conceive, design quality products and bring them to market quicker than its competitors is critical to survival. Companies need to construct a flexible architecture for the integration of marketing, manufacturing and the design functions. New Product Development (NPD) covers the process of defining the product strategy, managing the program, gathering requirements, developing the product, sourcing for suppliers involved and managing the ramp-up.

    Business Goals & Objectives


    Improving Customer Service

    Collaborate with business partners

    Increasing Revenue

    Develop new markets
    Reduce time-to-market & volume

    Increasing Transparency & Accountability

    Improve transparency and auditability of activities

    Reducing Operating Costs & Increasing Efficiency

    Lower communications expenses

     

    Business Processes
    Product DevelopmentSAP Component or Feature Available
    The business process "product development" allows you to optimize cross-department product development. This is reached among other things by a consistent central storage of all relevant data during the entire product development process.

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP
  • SAP Resource and Portfolio Management (SAP RPM)

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    Recipe ManagementSAP Component or Feature Available
    Recipe Management supports the development from the first idea to the final product by structured product specifications and adoption of the company wide recipes definition down to the line specific level. RM integrates the knowledge of R&D, Production and Product Safety (EH&S).

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP
  • SAP Resource and Portfolio Management (SAP RPM)

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    Project ExecutionSAP Component or Feature Available
    Executing a project based on the project plan including creation of documents, simulation of alternative project structures and analytics using cProjects or PS

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP

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    Prototyping and Ramp-UpSAP Component or Feature Available
    NPDI is the process of defining the product strategy, managing the program, gathering requirements, developing the product, sourcing for suppliers involved and managing the ramp-up.

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP
  • SAP Marketing for Mill Products

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    SAP Product Available Partner Product Available SAP Product Available with Future Releases Partner Product Available with Future Releases Future Focus