rev NPD Acceleration Workflow

The rev NPD Acceleration Workflow is a software solution designed to streamline and optimize the New Product Development (NPD), New Product Introduction (NPI), and Product Lifecycle Management (PLM) processes within the Consumer Packaged Goods (CPG) and Fast Moving Consumer Goods (FMCG) sectors. According to the vendor, this solution is aimed at small to large brand manufacturers, suppliers, and retail distribution companies. It is intended to cater to professionals such as Brand Managers, Product Managers, Marketing Managers, Category Managers, and Supply Chain Managers, who are involved in the product development and lifecycle management within these industries.

Key Features

Streamlined Product Development: According to the vendor, the rev NPD Acceleration Workflow simplifies and streamlines the product development process, specifically for NPD, NPI, and PLM within the CPG and FMCG sectors. It is said to help brand manufacturers and suppliers be more strategic and efficient in their product development and lifecycle management.

Global Marketplace Efficiency: In today's global marketplace, brand manufacturers need to be strategic and efficient with their product development processes. According to the vendor, the rev NPD Acceleration Workflow helps companies plan and implement systematic, customer-driven new product development and introduction programs. It is claimed to enable brand manufacturers to create products that deliver superior value to customers and the retail category.

Alignment and Collaboration: The vendor states that the rev NPD Acceleration Workflow helps align people and projects within the organization. It is said to eliminate information silos and replace ad-hoc processes with a streamlined workflow. According to the vendor, users no longer need to switch between multiple systems, which can save time and reduce errors.

Configurable Workflow Control: The solution provides configurable workflow control and visibility, ensuring data governance and supporting NPD, NPI, and product maintenance processes. According to the vendor, users can capture and manage product maintenance and NPD information, supporting GS1 attributes. The workflow templates and forms are pre-built and customizable to fit the specific needs of the business.

Stage-Gate Steps: The rev NPD Acceleration Workflow incorporates the stage-gate steps used in the new product development and introduction process. It includes stages such as ideation and discovery, scope and business case, strategic analysis, product development and testing, market testing, commercialization, product launch, and product maintenance. According to the vendor, these stage-gate steps ensure a structured and efficient approach to product development and lifecycle management.

Item and Price Maintenance: The rev NPD Acceleration Workflow includes pre-built forms and workflow templates for item and price maintenance. It allows users to plan and manage product changes such as pack changes, label changes, and price changes. According to the vendor, the solution provides visibility and control over the product maintenance process, aiming to ensure accuracy and efficiency.