leading health & wellness nutraceuticals manufacturer is ......management system agile pqm 2014...
TRANSCRIPT
Leading Health & Wellness Nutraceuticals Manufacturer is live with Innovation Management Cloud
With Lee Peterman and Barbara Schick
November 20, 2015
Experience:
• Industry experience with consumer products, cosmetics, food and beverage, and semiconductor
• Design and implementation of Oracle’s Innovation Management, Agile PC and PPM solutions
• Design and implementation of phase-gate business processes, data model, engineering change management and security models
Credentials:
• BSBA from UNC Chapel Hill
• Certified New Product Development Professional by the PDMA
Barbara SchickManager
Knowledgeable professional focused on delivering high impact process and technology projects with Oracle Agile PLM solutions.
Experience:
• 25+ years of professional experience
• Leads Kalypso’s product lifecycle management (PLM) technology services practice
• Led programs for numerous CPG clients such as: Diversey/Sealed Air, Mary Kay, NBTY, Mattel.
• R&D and quality executive management professional
Credentials:
• Executive Development Program –Whittemore School of Business - UNH
• MS degree in Paper Science and Eng. from Institute of Paper Chemistry
• BS degree in Chemistry from University of Wisconsin
• Certified Oracle Implementation Professional
Lee PetermanDirector
Recognized expert in PLM, project portfolio, and regulatory/quality management. Specializes in large scale business transformation and global PLM implementation programs for CPG clients
Speakers
The Kalypso Difference
Kalypso was created in 2004 to address the need for industry-specific innovation expertise in the professional services marketplace.
We have been on a journey to help our clients deliver on the promise of innovation ever since.
Our Mission is to help our
clients deliver on the promise of
innovation
SUSTAINED RESULTS
INFORMED OPINIONS
COMPREHENSIVE CAPABILITY
FLEXIBLE DELIVERY
EXCLUSIVE FOCUS
Our Services are designed to deliver sustained business results through key innovation practices
Business & Innovation Strategy
Business Intelligence & Innovation Analytics
Product Lifecycle Management Technology
Innovation & Change Leadership
Front End of Innovation
Portfolio & Pipeline
Management
New Product Development
Execution
Value Management
Intellectual Property Management
3
1. Articulate and align on an Innovation strategy
2. Manage the Fuzzy Front End
3. Systematically turn ideas into qualified concepts
4. Actively manage Innovation portfolio and investment allocation
5. Organize and reward for success
6. Measure your results and learn to improve
Leading practices for managing innovation like a business
4
Commercial World (In-market)Iterative Development World (NPD)Creative World (FEI)
Product HubProduct Lifecycle ManagementInnovation
ManagementERP
Systems
Business Intelligence and Analytics
Project Management
Different tools need to be employed in the different phases of the innovation process from ideation to commercialization
Innovation Management Summary
Large business transformation initiative to enable growth through speed, quality and innovation
11/20/20157
2012
Launch ofa large business transformation initiative
2013
Implement Enterprise Quality Management System
Agile PQM
2014 &2015
Improve Management and Accuracy of Product Data, and Change Control
Agile PC
2015 Growth from Innovation: Implemented IM with the following objectives
1. Providing the internal capabilities required to deliver measureable and sustainable results from Innovation.
2. Enabling the set of measures and leading indicators to evaluate the alignment of the innovation portfolio to strategy.
3. Supporting data-driven decision making for project and portfolio management using information systems.
Innovation Management
8
Innovation Management (IM) Project Preparation
VP of Product Management
VP of Process Engineering and Technical Services
Trends
Research
Insights
IdeaExplore
ConceptDevelop&Qualify Ready
Ship&Assess
1 2 3ReadyReview
IdeaGeneration
InnovationManagement ProposalManagement
Project Team Identified
9
Innovation Management Phase 1 1 2 3 4 5 6 7 8 9 10 11
Planning, Kickoff, and Requirements definition
Solution Design Workshops CRP UAT
Configuration Development Production
Training
Go-Live P
IM Implementation Approach
Introduction ofpreliminary design
Demonstration and vetting of design decisions from last session, introduction of new topics
Demonstration of processes supportedby solution design
Design team executes business processes within the tool and signs off that requirements are met
Design Approach
Iterative Design Sessions CRP – Conference Room Pilot
UAT – User Acceptance Testing
Demo
Business Unit 1Demo
Demo
Demo Demo
10
Business Process Enabled with IM
10
Supporting data driven decisionsduring Gate meetings
Demo
Business leadership makes decision on proposal
Initiative Leader creates proposalin Innovation Management
Populate portfolio attributes, Cash Flows, and attach gate document
Portfolio Manager reviews proposal for completeness and gate readiness
Proposal is added to Gate Meeting Agenda
GateMeeting
Submit proposal
Approve
Kill
Redirect
Approves and versions,moving to next stage
Rejects and versions,moving stage to “Cancelled”
Rejects and versions. Proposal stays in the same stage
Portfolio Manager
2 6
8
966
111
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
# Of Initiatives Projected 3yr Rev ($MM)
Portfolio Initiative Mix
How is Innovation Management Helping?
11
Evaluation of innovation portfolio during quarterly portfolio review meetings. Illustrate the impact of the views –consolidated view across the entire portfolio to make portfolio decisions
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
0
20
40
60
80
100
120
140
% o
f To
tal 3
yr P
roje
cted
Rev
3yr
Pro
ject
ed R
ev (
$M
M)
Projected Revenue By Initiative
Top 20 Initiatives
1
6
23
8
16
18
2
0
0
4
2
6
7
1
0 5 10 15 20
Initiatives Reviewed By Type
11
40
69
52 1
0
100
200
300
400
500
600
700
800
0
5
10
15
20
25
30
35
40
45
Q1 Q2 Q3 Q4 Q1 Q2 Q3
2016 2017
3yr
Pro
ject
ed R
ev (
$MM
)
# o
f In
itia
tive
s
Projected Launch Fiscal Quarter
Initiative Launches By Quarter
Innovation Management Summary
How to get started?
13
TAKE STOCKDefine what do you need from Innovation and FEI
PREPAREBuild a coalition of stakeholders who share the vision
BUILDGet started by ‘piloting’ with early adopters
SCALELeverage success from ‘pilot’ to expand roll-up and accelerate change
BUILDDesign a ‘strategic experiment’
Use results for the case for change
I already know my problem statement!
DON’T WAIT
Fast Track
14
Join us at theModern SupplyChain Experience
Register at
oraclemsce.com/register
Client will speak live about the IM implementation and you can meet others who have implemented.
Have questions? Want to learn more?