R&D & PLM Department Scorecard

Tracking innovation, product development, and lifecycle management

Reporting Period

Q3 2023

Last Updated

Oct 15, 2023

NPI Success Rate

86%

Target: 90% +4% from Q2

On-Time Launch

74%

Target: 85% +8% from Q2

R&D ROI

5.2x

Target: 4.5x +0.7x from Q2

PLM Adoption

68%

Target: 85% -2% from Q2
Metric Current Target Last Period Trend Status Owner
NPI Success Rate
New Product Introduction Success
 86% ≥90% 82%
+4%
On Track Dr. Emily Chen
On-Time Product Launch
Phase-Gate Adherence
 74% ≥85% 66%
+8%
Improving Mark Johnson
R&D ROI
Return on R&D Investment
 5.2x ≥4.5x 4.5x
+0.7x
Exceeding Sarah Williams
PLM System Adoption
User Adoption Rate
 68% ≥85% 70%
-2%
Critical Robert Kim
Innovation Pipeline
Projects in Development
 24 20-25 22
+2
Optimal Dr. Alan Turing
IP Generated
Patents Filed (Quarterly)
 8 ≥6 5
+3
Exceeding Lisa Rodriguez

Innovation Spotlight

Quantum Computing Project entered Phase 3 development

New AI algorithm reduced development time by 22%

Sustainability initiative reduced material waste by 18%

Action Plan

PLM Adoption Initiative

Implement enhanced training program for engineering teams

High Priority Due: Nov 30, 2023

Phase-Gate Process Review

Optimize stage-gate criteria to improve on-time delivery

In Progress Due: Dec 15, 2023

Cross-Functional Innovation Team

Establish team to accelerate NPI process

Planning Due: Oct 30, 2023

R&D Project Status

24
Active Projects
Phase 1: 8 projects
Phase 2: 10 projects
Phase 3: 6 projects

Time to Market Trend

Q1
Q2
Q3
Q4
8.2 mo
2022 Avg
7.1 mo
2023 YTD
6.5 mo
Target

R&D and PLM Department Scorecard | EOS Traction® Implementation | Next Review: October 30, 2023

Focus Areas: Innovation Velocity • Product Quality • Resource Optimization • Market Responsiveness