The Newview Perspective On Direct Materials
Newview develops software that helps industrial companies connect product development and procurement to drive innovation on a competitive cost basis. We create advantages for companies with significant value trapped in direct materials and their associated network of supply relationships. Significant ROI can be achieved in 90 days through improved management of material specification data and by networking this data in Design and Buy processes within and across enterprises.
Our distinction is our attention to complex, specification-intense materials; those found at the bottom of the bill of materials. This segment of materials includes raw materials, fabricated parts, standard components, and assemblies.
Newview provides a fresh perspective for material buyers and suppliers alike. While large industrial companies manage specifications across material types and applications, innovative material suppliers use Newview to showcase their product attributes in an advanced selling process. Our solutions link engineering expertise to the effective selection of materials for end-use applications.
Both material sources and major industrial companies can achieve meaningful value by connecting with Newview.
Solutions That Drive Value
Newview solutions provide a complete framework for evaluating and driving greater commonization, re-use, and leveraged spending opportunities to strategic supply relationships.
Coordinated Network Procurement (CNP)
Newview's Coordinated Network Procurement combines multi-enterprise procurement processes, sophisticated price management, and transaction capability with a highly scalable platform or managing procurement of specification-intense materials.
Material Specification Management (MSM)
Newview's Material Specification Management is designed to consolidate highly attributed material specification data into a single, searchable repository. Multidimensional comparison and workflow capabilities provide the means to compare and reduce the number of redundant or overengineered specifications in your business. Substance and part-level references are used to provide traceability and compliance to safety, recyclability, and other concerns.
Initiative Management (IM)
Newview's Initiative Management provides the target and compliance monitoring framework for executives, team leaders, and managers to guide the decision of commodity managers, engineers, and suppliers. The solution allows these users to structure targets, such as material specification reduction or supplier rationalization, and maintain a real-time view of the progress and resulting value. With this information at their fingertips, leaders can identify favorable or unfavorable decisions and trigger rewards and corrective action, respectively.
Built on Newview's flexible Network Business Process Architecture, these solutions are easily configurable, work with existing business applications, and can be deployed in 90 days or less.
To find the latest information on Newview's solutions, complementary technologies, and case studies, please visit www.Newview.com.
