innovation to commercialization oracle and kpit

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Copyright © 2015 Oracle and/or its affiliates. All rights reserved. Ideation to Commercialisation Cloud Presented at the Food & Drink Summit, UK, 30 th November, 2016 Vikram Singla Product Innovation and Supply Chain Apps Leader, Oracle UK Bruce Bentley Solution Lead, KPIT

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Page 1: Innovation to Commercialization Oracle and KPIT

Copyright © 2015 Oracle and/or its affiliates. All rights reserved.

Ideation to Commercialisation Cloud

Presented at the Food & Drink Summit, UK, 30th November, 2016

Vikram SinglaProduct Innovation and Supply Chain Apps Leader, Oracle UK

Bruce BentleySolution Lead, KPIT

Page 2: Innovation to Commercialization Oracle and KPIT

Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |

Safe Harbor StatementThe following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.

Page 3: Innovation to Commercialization Oracle and KPIT

Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |

Page 4: Innovation to Commercialization Oracle and KPIT

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

Marketplace – Experience is King

• Hyper Connected customer

• Global markets with localised needs, multiple channels

• Health, hunger and sustainability –real issues now (Dow Jones index)

Source - HBR

Page 5: Innovation to Commercialization Oracle and KPIT

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Brands Are Important

Page 6: Innovation to Commercialization Oracle and KPIT

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Brands Must Also Continuously Innovate

Historically stable brands:• Perform 1000s of packaging changes.• Allow make to order for small order sizes.

Page 7: Innovation to Commercialization Oracle and KPIT

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Brands Must Also Continuously Innovate

Brands known for sandwiches talk about coffee,

Brands known for coffee talk about sandwiches.

Page 8: Innovation to Commercialization Oracle and KPIT

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Getting it right - The Prize

66%

ROI on innovation spend

(compared to 25%)

2X

chances of radical

innovation

64%

Growth rate of the most innovative

companies(compared to 20%)

*Source: PwC. The Global Innovation Survey. 2013 www.pwc.com/innovationsurvey

**Source: Accenture. “Product lifecycle management: The innovation enabler goes mainstream.” 2010

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Copyright © 2016, Oracle and/or its affiliates. All rights reserved. 9

How to innovate?Finding balance between the accountants & creative people

Page 10: Innovation to Commercialization Oracle and KPIT

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Innovate, develop and commercialise the best mix of profitable productsOperationalising Innovation - Manage it as a Process

Improve return on innovation Reduce development time Improve quality and accuracy Accelerate time to launch

Innovate Develop Commercialise

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Requirements

Catalogs

Proposals & portfolios

Ideas

Change management

Items, docsand BOMs

Page 11: Innovation to Commercialization Oracle and KPIT

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Innovate, develop and commercialise the best mix of profitable productsOperationalising Innovation - Manage it as a Process

Innovate Develop Commercialise

11

Rapid Prototyping / Fail Fast Fail Frugal

Democratise Ideation Single Product Record

Page 12: Innovation to Commercialization Oracle and KPIT

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

“Digitising Innovation helped reduce product launch times by 30%”

– Deanna Fell, Vice President of Engineering and PMO, Mary Kay

Oracle Confidential – Internal 12

“At Moose Toys, we source ideas from around the world, andOracle Innovation Management Cloud Service helps us gather,evaluate, select, and develop the best ideas quickly andeffectively. It will complement our other Oracle systems, andallow us to streamline processes from ideation to supply chain.”

– Ben Dart, Chief Operating Officer, Moose Toys

Page 13: Innovation to Commercialization Oracle and KPIT

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal 13

Commercialisation – Handover to Bruce

Page 14: Innovation to Commercialization Oracle and KPIT

www.kpit.com

Commercialisation Bruce BentleyPresales Manager, KPIT

Page 15: Innovation to Commercialization Oracle and KPIT

Product Master Data Management

Market Perspectives

Page 16: Innovation to Commercialization Oracle and KPIT

Digital Transformation is driving the need for higher quality data on the 3rd Platform The 3rd Platform is the new core of IT market

growth• Distributing data across cloud silos and devices.• Social media distribution of positive and negative

sentiment.• The network perimeter has disappeared.

By the end of 2017, two-thirds of Global 2000 enterprises will have a digital transformation at the core of their strategy.

• Innovation accelerators will rely on high quality data for success.

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Data is at the core of digital transformation. Data without integrity won’t be able to support digital transformation initiatives.

IDC Perspective

Page 17: Innovation to Commercialization Oracle and KPIT

© KPIT Technologies Limited

Data Governance

With ever-expanding business operations, many companies are facing challenges with their legacy system in scaling up with new business requirements

How easy is it to migrate your data from current systems, PLM to ERP systems with precision governance?

How standardised is your data? Are there duplications, inconsistencies leading to confusion?How efficient is your product data searching , can you search on multiple parameters and respond to customer enquiries quickly?

Current Product Data Issues

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Time to Market

05/01/2023

Data Confusion

Is your data split across multiple systems or instances making analysis and reporting difficult and time consuming?How streamline are your business processes for fast time to market of products?

Page 18: Innovation to Commercialization Oracle and KPIT

© KPIT Technologies Limited

Traditional Current State- Scattered and Inconsistent Product Data

05/01/202319

Web siteEBS Salesforce

FutureAppMicrosoft

P R O D U

C TP

U TUT

PRODUCT

SAP JDE

InforCRMOD

Legacy

Page 19: Innovation to Commercialization Oracle and KPIT

Web siteEBS Salesforce

FutureAppMicrosoft

P R O D C

U TP

U TUT

PRODUCT

SAP JDE

InforCRMOD

Legacy

To this….

P R O D U C T

Single Source of Truth for Product Data

Product Data Hub (PDH) Overview – The Solution

Takes you from this….

Page 20: Innovation to Commercialization Oracle and KPIT

© KPIT Technologies Limited

Cleanse Consolidate Categorise CommunicateProduct Data

KPIT

iLin

k

Any ProductData Sources

Common Data ModelEnrich

Govern & EnforcePublish & Syndicate

KPIT iLink

Oracle Product Hub Cloud

Data Pools

E-Commerce

Oracle Product Hub Cloud Solution

Data Cleanse &Consolidation

Oracle Product Hub Cloud

05/01/202321

IntegrateGovern

Legacy

Page 21: Innovation to Commercialization Oracle and KPIT

© KPIT Technologies Limited

US Food Company - Product Hub Cloud

22 05/01/2023

Cloud

Fusion Product Hub Cloud Service Implementation Design/Implement Oracle Product Data Hub on Cloud. Deploy global taxonomy and global processes Establish data governance and Business rules Inbound and Outbound Interface to Agile and JDE. KPIT iLink adapter for Fusion PDH to JD Edwards Integration.

Highlights Rapid Implementation Planned ( 14 weeks) Rich interactive UI with comprehensive embedded Product Data

analytics. Central repository of Product Data -360 degree view of products to

users Streamlined on-boarding of items using workflows there by

accelerating product time to market PDH provided visibility to substitutions, Cross-sells and Up-sells

resulting in increased revenue and reduced the cycle time for on-boarding new companies item data

Seamless item data flow from Agile to JDE systems through MDM processes.

About Food CompanyThis Food company is a San Francisco-based innovative packaged food company focused on building, acquiring and energizing brands including crisps/chips, snack nuts, popcorn, and California(R) nuts. The company caters to a wide range of stores where snacks and culinary nuts are sold. Established in 1912, It has aggressive plans to identify opportunities to energize and add value by making a relevant connection to the contemporary consumer.

Business Issues With ever-expanding business operations, this company was

facing challenges with their legacy system in scaling up with new business requirements.

They were looking for migration of data from current systems, PLM to ERP JD Edwards with precision governance.

Diamond Foods was also looking for standardization and streamlining of the business processes for faster time to market of products, sales availability, increasing efficiencies and product revenues while lowering process costs.

Location: North America Industry: Packaged FoodProducts: Food ProductsRevenue: Close to $ 1 Billion

Page 22: Innovation to Commercialization Oracle and KPIT

© KPIT Technologies Limited

Major Drinks Manufacturer - Product Hub Cloud

23 05/01/2023

Cloud

About the CompanyThis company is the largest supplier of branded still soft drinks and the number two supplier of branded carbonated soft drinks in GB, and is an industry leader in Ireland and France.

Through franchising, export and licensing, they have also been growing their reach into other territories, particularly the United States and India.

Location: UKIndustry: CPGProducts: Drinks Products

Business Issues Information is split across disparate systems and

spread sheets: Major ERP for Items 3rd party solution for recipes Spread Sheet for packaging

Difficult to retrieve information from these systems.Data held in these system is disconnected.Difficult to maintain the data across all systems.No Governance in place for New Product Introduction and Change Management ProcessTime consuming to extract data for reporting and analysis, especially to GS1

Page 23: Innovation to Commercialization Oracle and KPIT

Technologies for a better world

Thank you

Page 24: Innovation to Commercialization Oracle and KPIT

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

Operationalising Innovation - Manage it as a Process

• Find balance between the accountant and the creative people

• Take a holistic view across the complete process

• Technology consumption i.e. subscription/cloud model is a key enabler

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Page 25: Innovation to Commercialization Oracle and KPIT

Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |

Questions & Answers

Page 26: Innovation to Commercialization Oracle and KPIT

Copyright © 2015, Oracle and/or its affiliates. All rights reserved. |

Page 27: Innovation to Commercialization Oracle and KPIT