Using product lifecycle modelling, Vizula can add credibility to NPI plans and improve management reports. By utilizing Vizula's powerful product lifecycle modelling tool, Product Managers can generate well considered forecasts based on strong logical reasoning for their new product introductions, which can in turn help to make informed decisions on resource allocation, production planning, and marketing strategies.
This level of precision and attention to detail in forecasting can help build trust with management and stakeholders, as they see a Product Managers’ commitment to data-driven decision-making.

Product Life Cycle (PLC) modelling is a widely accepted approach to understand the stages of a product's life, from market introduction to end of life. At Vizula, we use PLC modelling as a powerful tool to help product managers generate accurate forecasts quickly and efficiently. Our algorithms use a set of inputs to generate a PLC curve which then serves as the basis for creating monthly sales units for the product. By combining this data with sales price and target margin %, we can generate a comprehensive five-year forecast and business model, all without hours of spreadsheet maintenance.

Vizula offers a centralized platform to store and organize your NPI data, allowing you to focus on NPI delivery. Vizula provides an easy and flexible way to access the information you need when you need it, helping to eliminate chaos and stay organized.

The Vizula ‘Interactive Product Requirements Document (iPRD)’ is an essential tool that ensures that every product stakeholder understands the requirements of each new product. At Vizula, we understand the importance of clear communication and collaboration between the project team and the product team, and the iPRD is a key component in achieving this.

Our iPRD is at the heart of each new product, providing a mechanism for the project team to rate each requirement, indicate whether they understand the requirement and whether it can be achieved or not. This process encourages healthy discussions between the project team and the product team, closing all avenues of misunderstanding and ensuring a more efficient development process for your business.

The iPRD is an interactive document that allows stakeholders to provide feedback and comments, ensuring that all requirements are fully understood and accurately represented. This collaborative approach helps to reduce the risk of errors and misunderstandings and enables all stakeholders to work together towards a common goal.

With Vizula iPRD, you can be confident that everyone involved in the development process has a clear understanding of the product requirements. This leads to more effective product development, reduced time-to-market, and a better product overall.

Managing risks is an integral part of any successful product development process. At Vizula, we understand that identifying and mitigating risks early on can make all the difference in the success of your products.

That's why we offer the Product Risks List (PRL) tool. The PRL enables you to identify all potential risks to your new products and document them in detail. Each risk is given a likelihood of happening and an impact if it does occur. These values help you prioritize the risks and determine which ones require the most attention.

Once the risks have been identified and prioritized, they can be assigned to a team member for monitoring and evaluation. This person is responsible for keeping an eye on the risk and ensuring that it is being addressed in a timely and effective manner. They are also responsible for developing a mitigation contingency plan to minimize the impact of the risk if it does occur.

By using the PRL, you can be confident that you have identified all potential risks to your products and have a plan in place to mitigate them. This leads to better product quality, improved customer satisfaction, and a stronger bottom line.