ORDER to CASH Process

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New Services

Leading or bleeding edge?

New products is the process of developing a new product or service to market. This development is considered the preliminary step in product or service development and involves a number of steps that must be completed before the product can be introduced to the market. Cost, time and quality are the main variables that drive the customer needs. Aimed at these three variables, companies develop continuous practices and strategies to better satisfy the customer requirements and increase their market share through a regular development of new products.

“Leading edge” applies to products that are well defined, properly executed, and consistently brought into manufacturing.  We all know the name when definition, execution and introduction doesn’t go well.

New product development may be done to develop an item to compete with a particular product/service or may be done to improve an already established product. New product development is essential to any business that must keep up with market trends and changes.

Related TGG Project Titles

Portal enrollment time reduction
New product development milestone development
New facility layout
New hire on-boarding process
Transactional cell design
Manufacturing cell design
Dploy software mentoring
Facility consolidation
Annual improvement priority (AIP) development
3P automated fixture design
3 Day Policy Deployment strategy session
Transactional value stream map
Product quantity product routing matrix
Value stream mapping session

Size
the
Prize

Pain

What are the Issues?

  • Issue # 1 customers waiting
  • Customer requirements not understood, not documented
  • Our manufacturing capabilities are inconsistent
  • Product development time is too short
  • We don't measure product/service like our customers

Size
the
Prize

Gain
  • 50% Reduction in new product development lead time
  • 80% Reduction in screen selections
  • 25% Reduction in errors due to improved mapping of customer requirements

Define your Problem Statement.

The first step towards breaking your organizational log jams is identifying and verbalizing the challenge you're facing. What are you trying to solve? This simple Problem Statement exercise can have profound implications for your team. It helps you define the issue and gives TGG some sense of where the soft spots could be in your Order to Cash process. We invite you to take a few moments to fill out this form. A TGG consultant will contact you shortly to discuss your Problem Statement and provide some insight on how we may be able to help.

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