Information system for managing product development life cycle implementing international Standard ISO 26000
NewWheel Digital increases manufacturers’ competitiveness and, as a result, optimizes resource use during the development. Applying crisis management principles of social responsibility provides a chance for stable business growth. Increasing consumer loyalty offers the potential of additional investments in product quality by saving on marketing costs.
NewWheel provides a number of basic advantages for managers, specialists and consumers.
For Entrepreneur
Ability to effectively minimize project risks without having to compensate for them by increasing project budgets.
For specialists
Ability to work with maximum efficiency on projects that bring satisfaction and cooperate towards common goals with shared responsibility and profit from the results.
For consumers
Peace of mind and trust in manufacturers due to the transparency of product manufacturing processes and fair pricing.
A basis for an effecient work
NewWheel Digital is a set of practices and development tools integrated into a unified software lifecycle management system. It provides everything necessary for effective planning and monitoring of the production of products of any complexity.
The entire value creation chain, from requirements gathering to product maintenance, is carried out within the basic information system. Meanwhile, specialist teams can continue using familiar development and management tools already established within the company. To enhance project stability and overall organizational resilience, NewWheel suggests organizing production processes in accordance with lean production methods and the ISO 26000 standard. A quality management system combined with established production practices offers additional opportunities to eliminate the causes of crises before they escalate.
Long-term planning
Thanks to NewWheel, it is easy to conduct long-term planning despite frequent changes in project conditions. Task evaluation and reevaluation, along with retrospective of changes, is a fundamental recommendation for enhancing production efficiency and conserving resources.
Decomposition
Visual decomposition of the product into its atomic components allows for a better understanding and task planning by the team. Retrospective analysis of changes in the hierarchical structure of tasks provides insight into the overall evolution of the product.
Budget planning
It helps to plan and monitor costs at each work stage in real-time. The provided planning and budgeting model allows for the calculation and comparison of planned and actual investments in the project.
Retrospective analysis
Project changes are saved in the revision control system for their subsequent analysis. The historical correlation between the evolution of requirements, completed work and spent budgets provides the best motivation for high-quality task execution.
Fair premium model
The main element for creating financial motivation for all the parties involved. It is a transparent bonus calculation system for all the project participants based on its financial performance according to the NewWheel business model.