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Once an idea is submitted for approval, the process manager sends an automatic notification to review it.
Follow these steps:
The overview page appears.
The create page appears.
Indicates the name of the idea.
Indicates a unique identifier for the idea. Enter an alphanumeric string of characters.
Indicates a classification for the issue. Select a category from the drop-down list.
(optional) A description of the idea.
The user assigned to manage the potential project, once it is created.
The user who entered the new idea.
The user assigned to oversee the idea review process and gate score management.
The default selection is Idea Screen. Click the lookup icon to browse for a company-defined stage for the project (optional). The following are the out-of-the-box NPD lookup values:
(optional) The box is checked as Active by default.
(optional) Click the multiselect browse icon to add related files to the idea.
The category is used to label the product with the appropriate description as it relates to marketing. Select a category from the drop-down list.
These products have the most potential for huge company changing revenues, but they also carry the most risk. The technology to create the product may not exist, and may ultimately not be feasible.
These products are not that your company has built, but competitors have built them. The technology exists, but may not exist in-house. These are risky, but not as risky as New to the World products. Since they have the potential for new product lines, they also have great revenue increasing capability.
Extensions to existing product lines. These products are low risk, low reward projects.
Modifications to existing product lines. A new product is developed, but about more of the same. Low risk, low reward, low innovation.
Minor additions to existing features in products. A new product is developed, but without new features. Low risk, low reward, low innovation.
The product line is a set of values that your organization specifies, based on its own manufactured products. The lookup list is populated with out-of-the-box sample values.
The type is used to track the product type using the following choices:
The product line delineates where the product fits from a manufacturing perspective and the brand name is used for marketing purposes. The attributes are necessary for tracking of product information and are used extensively in the portfolio management dashboard. The lookup list is populated with out-of-the-box sample values.
The geographical region of the customer market.
Describes the part of the new or existing customer base that the product addresses.
See the Demand Management User Guide for more information.
Defines the type of estimate benefits, cost, and revenue impact for the idea.
Defines the system currency and a read-only field. If multi currency is enabled, a drop-down list of all active currency codes. During the conversion process, the currency code is the currency code for the investment.
Defines the business unit associated to the idea.
A brief description of the revenue from the investment.
Defines the estimated total cost of the idea. During the conversion process, the estimated cost is the investment planned cost.
Defines the estimated total financial benefit of the idea both in term of revenue and money saved.
Indicates the estimated start date for the idea. The date must be on or before the estimated finish date.
Indicates the estimated finish date for the idea. The date must be on or before the estimated finish date.
Defines the estimated break-even date for the idea. During the conversion process, the break-even date is the budget break-even date for the investment.
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