Scott Bader boosts product portfolio value with Sopheon
Global manufacturer, Scott Bader, provides innovative composite, gelcoats, resins, structural adhesive, and functional polymer products. Employee-owned since 1951, the company employs approximately 700 people across six manufacturing sites and 11 offices.
With a desire to increase margins and reduce time-to-market on new products, Scott Bader sought a single innovation management system to achieve their goals. To meet the mission-critical objectives, more effective and earlier identification of high-value projects in the company’s product portfolio was essential.
The company turned to Sopheon to bring innovation governance to their teams, help make accurate portfolio investment decisions, and allocate the right resources to ultimately increase margins and reduce new product time-to-market.
The needs
- Better project, resource and investment allocation processes
- Streamlined gated process automation
- Early and effective identification of high-value projects
The challenges
- No common process for determining which projects should receive priority attention
- Decision-making based on outdated and inconsistent product data points
How Sopheon helped
Scott Bader and Sopheon deployed Accolade, the leading innovation management system, based on its unique ability to align with their gated process. The company was able to adapt its process models to different project types. With Accolade, Scott Bader’s executive and development teams can now determine which projects are truly mission-critical to achieve their revenue targets and which should be killed prior to development.
Read the case study to see how Sopheon helped Scott Bader achieve:
- A 50% reduction in the number of high-priority projects
- A 30% increase in product portfolio value
What our clients say
Roy Phillipps
Global R&D Director, Scott Bader
How can we help?
When it comes to project management, making the right business decisions is crucial so your organization can keep course with your corporate strategy. Acclaim Projects Sopheon helps customers reach and exceed important benchmarks by paying close attention to the value and feasibility of innovation projects.
Schedule a demo with our team of project management experts to see how we can transform your project management capabilities.