The Product Development business environment is becoming increasingly competitive. In order to stay on top, organizations need to reduce product development design cycles, while customers are frequently changing requirements. Quick response is still the expectation. Changing requirements and aggressive competition reduce windows of opportunity, and companies are given fewer second chances to win business. Because as much as 80 percent of a product's overall costs are determined early in the design phase, better and more informed early design decisions are crucial to lowering overall product development costs. Manufacturers are challenged to find ways to improve productivity and process efficiency in order to compete effectively and bring products to market faster.
The business challenges that manufacturers face include:
To meet these challenges, companies must find ways to streamline their product development processes, increase collaboration and support decision-making. From a technical standpoint, this means finding ways to assess demand, prioritize work, manage projects, collaborate across the supply chain and integrate information throughout the team.
SMART EPM for Product Development helps companies bring products to market faster and more efficiently by providing a complete EPM solution that helps managers successfully manage and track programs from Demand Management to Product Delivery. From scope changes, risk, issues, resources, to schedules and costs, consistent processes enable on-time and within budget management of even the most complex projects. As an integrated solution with any one of the SMART EPM suite of management modules, which include Demand Management, Portfolio Management, Project Management, Operational Management, Collaboration Management and Business Intelligence, organizations gain a competitive edge by making decisions based on accurate and timely data and analysis.
SMART EPM is an award winning solution that enables organizations to fully configure their Microsoft EPM Solution in less time and cost, virtually risk free. SMART EPM™ for Product Development provides a preconfigured Microsoft Office system solution that is the framework for Microsoft EPM for Product Development. These preconfigured Microsoft Office solutions save the significant cost of arduous requirement gathering, system design and software configuration that is required for traditional Microsoft EPM deployments and provides several value-add features that specifically support Product Development work management ecosystem.
Why re-invent the wheel? Leverage LMR Solutions’ knowledge of Product Development best practices, tool experience, and proven methodology and process knowledge from hundreds of EPM deployments, SMART EPM utilizes a process-driven approach unlocking the power of Microsoft Office Systems. SMART EPM for Product Development provides preconfigured Microsoft Office and Visual Studios system solutions designed to provide processes and built-in analytics for Product Development.
SMART EPM for Product Development is a powerful solution that delivers all of the capabilities necessary for successful New Product Development.
Contact Us to learn more about SMART EPM for Product Development.
Leverage LMR Solutions' best practices and expertise
Accelerate time to value with preconfigured Microsoft Office System solutions
Optimize your investment with familiar Microsoft Office tools
