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iPhone App: $Delay Lite

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iPhone Apps Directory: $Delay Lite

Developer: fastworks
Genre: Business
Version: 1.1
Price: Free
Size: 0.2 MB
Original Release: Apr 15, 2009
Updated: Sep 5, 2009
What Changed: New Icon
Popularity: 0
0 Reviews: See reviews
More Info: Goto the iTunes Store for more information and to download this app

$Delay...know the economics of delay for your next new product

One key finding from the fastworks best practice study was that fast teams knew the economics of delay; what each late day costs them in lost profit. They used this information to create urgency and quickly make informed decision trade-offs. $Delay implements this best practice and helps new product development teams function more like businesses.

$Delay uses a product's business case for a new product development project and generates a financial summary including the Cost of Delay, margin, profit, return on investment information (ROI), etc. The business case and financial summary can be e-mailed in a form that can be cut-and-paste into Excel or Numbers.

FEATURES

BOTH LITE AND FULL VERSIONS INCLUDE:
- support for multiple portfolios of business cases
- support for multiple currencies
- business case includes Unit Sales, Average Selling Price, Cost of Goods Sold, R&D expenses and SG&A
- cost of delay calculated (one method)
- e-mail screenshots and text versions (that can be cut & paste into a spreadsheet)
- on-line help and screencast tutorials

FULL VERSION ALSO INCLUDES:
- sensitivity analysis on the business presented graphically
- dynamic trade-off simulation function, i.e. what-if?
- consolidation of multiple business cases to generate portfolio-level (roll-up) financials
- cost of delay calculated (two methods)

See screencasts of $Delay here including a 2 min overview:
http://www.fastworks.us/fastworks/delay-screencasts.html

See the fastworks Video Channel at
http://www.youtube.com/user/fastworksvideo

Training and consulting services are provided by fastworks. The best practice study on which $Delay is based is a free downloaded from iTunes at http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewSoftware?id=300605020&mt=8.
WHAT'S NEW IN THIS VERSION: Name changed from npdCalc Lite to $Delay Lite to better reflect the intent of associating money (lost profit) with time and using this to drive a sense of urgency with a new product development team.

Bug fixed where the action button was clicked and $Delay froze.

Icon changed to reflect the suite of apps (e.g. fastTeams and future applications by fastworks).

Information section restructured and links to screencasts, our blog, the full version of $Delay and a companion application called fastTeam that provides an overview of the set of best practices of which calculating the Cost of Delay is one. LANGUAGES: English REQUIREMENTS: Compatible with iPhone and iPod touch (2nd generation)
Requires iPhone OS 2.2 or later