Oracle SCM Solutions—Innovation Management

Product Lifecycle Management

Drive business growth with modern PLM. Transform your product value chain to rapidly innovate, develop, and commercialize.

Watch the video (1:36)

Innovation Management

Build an achievable product portfolio and accelerate market performance with a structured, collaborative, innovation process. Select and convert the ideas that offer the best profit potential and align with business strategies.

Ideation

Tap the creative expertise of your extended enterprise. Capture, enhance, analyze, and prioritize the best ideas.

Capture ideas from multiple sources and analyze themes
Use team social collaboration to refine each idea’s alignment, feasibility, and achievability
Vote to determine which ideas to advance in the innovation process
Develop the best ideas to a business case review

Video: Innovators, There is a Better Way (2:05)

Requirements Management

Define, maintain, and optimize requirements—from definition to development processes—and maintain full traceability.

Define and link requirement definition from marketing to design to test
Capture dependencies across requirements
Rightsize requirements by analyzing against objectives, budgets, and constraints
Manage scope change

Analyst report: Innovation Management: Improving Returns on Innovation Investments (PDF)

Concept Design

Develop concepts into offerings that deliver expected value and meet or exceed customers’ expectations.

Re-use or transform existing components to model concepts
Create concept alternatives and analyze to target cost and supply risk
Maintain full traceability from ideas, requirements, items, through to execution projects
Deliver best-fit designs and related portfolios

Appcast: Convert Ideas to Winning Products (mp3)

Align Requirements to Concepts

Trace the translation of requirements as they transition into concepts to ensure accuracy.

Analyze trade-off between product features and costs
Link requirements to any level of the concept and confirm achievability
Visually detect problem areas where requirements, cost, risk are at risk
Collaborate across teams and external parties via secure social network

iPaper: Innovation Management for the Modern Age (PDF)

Portfolio Management

Build a predictive product portfolio fueled with achievable concepts that align to your innovation strategy.

Evaluate new proposals within the context of portfolio objectives and constraints
Balance new offering selection against top-line strategy and bottom-line constraints
Use consistent process and analytics to equalize evaluation criteria
Integrate with project management to monitor investment progression through funnel

Brief: Improve the IT Portfolio of Innovation Projects (PDF)