One key finding from the fastworks best practice study was that fast teams knew the economics of delay; what each late day costs them in lost profit. They used this information to create urgency and quickly make informed decision trade-offs. $Delay implements this best practice and helps new product development teams function more like businesses.
$Delay uses a product's business case for a new product development project and generates a financial summary including the Cost of Delay, margin, profit, return on investment information (ROI), etc. The business case and financial summary can be e-mailed in a form that can be cut-and-paste into Excel or Numbers.
BOTH LITE AND FULL VERSIONS INCLUDE:
- support for multiple portfolios of business cases
- support for multiple currencies
- business case includes Unit Sales, Average Selling Price, Cost of Goods Sold, R&D expenses and SG&A
- cost of delay calculated (one method)
- e-mail screenshots and text versions (that can be cut & paste into a spreadsheet)
- on-line help and screencast tutorials
FULL VERSION ALSO INCLUDES:
- sensitivity analysis on the business presented graphically
- dynamic trade-off simulation function, i.e. what-if?
- consolidation of multiple business cases to generate portfolio-level (roll-up) financials
- cost of delay calculated (two methods)
See screencasts of $Delay here including a 2 min overview:
See the fastworks Video Channel at
Training and consulting services are provided by fastworks. The best practice study on which $Delay is based is a free downloaded from iTunes at http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewSoftware?id=300605020&mt=8.