New Product Introduction
At Cricket Power, we are working to ensure a smooth introduction of new products into your company. This includes us finding and evaluating common problems that may arise within the product lifecycle.
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We look and work with you through every step of the process from Product Ideation to Product End of Life to ensure a smooth introduction of the products to your company.
Partner Organization: Insight Solutions Global
Product Lifecycle Overview
Product Ideation
Product Developement
Product Realization
Product Management
Product End of Life
Common Challenges
Focus upon the wrong drivers based upon Life Cycle
Sourcing out of convenience
Cricket Power Solution
Highlight and bring forward options/tradeoffs to support time-based sourcing decisions
Drive comparatives sourcing based upon fact rather than preference
Elements of shared performance metrics and incentives - Operations & Engineering
Organizational Alignment
Cross-functional procurement approval of Advanced Sourcing and tooling investments
Link new products sourcing to commodity strategies
Limited resources available for qualifications post launch
Focus advanced sourcing within commodity strategies with element of disruption
Quantify the ROI of post-launch alternate sourcing
Requirements documentation (feature/cost) misalignment with Demand Management
Drive alignment with requirements documents and business cases