Timereaction deck

Timereaction enables local and virtual teams to communicate and collaborate with customers and suppliers, managing the business processes linking development, production, and delivery of products or projects.

Agenda

Application OriginThe TeamThe ProblemThe SolutionThe BenefitsThe Market ResearchThe AccomplishmentsThe TestimonialsThe FeaturesThe Future Direction

Copyright © 2011 Lifeceyecle Inc. All rights reserved.

Application Origin

An apparel manufacturer supplying high end denim brands was frustrated by inefficient business processes including email, spreadsheets and phone. Envisioned an improved tool to better manage product development, manufacturing workflow, delivery, and billing across geographical boundaries.In 2001 designed and developed a web application to improve value chain relationships and visibility, production management, just-in-time delivery and customer satisfaction.


The TeamAllan Diamond, Creator and Co-Founder, originally founded Concentric Apparel in 2000 with expertise in Sales & Marketing. Developed a collaborative web application in 2001 permitting clients to securely monitor their product time and action progress.Kevin Diamond, Co-Founder involved in the project since 2007, has 10 years of programming experience, and 7 years focused on database driven web applications. Extensive knowledge in both front and backend object oriented design and scripting.


The Problem

Email is a great communication tool, but with the advent of social networking, there are better ways to collaborate.

Disconnected emails and multi-version related documents wastes time and increases the likelihood of errors.

Value chain users have a lack of transparency and a limited ability to take immediate action working together on a project, process, or event.

Process workflow is reliant on spreadsheets for the free flow information value chain.


The Solution

Timereaction is a social communication tool that centrally manages the value chains’ communications, notifications and related documents and can improve efficiency by reducing email and attachment dependency.

Timereaction is a flexible, intuitive and easy to use business process solution that tracks all event activities that can improve workflow management to reduce cost and increase productivity.

Timereaction can centralize and securely share all supporting documents and images to minimize the duplication of tasks, and reduce margin for error.


Benefits

Improve customer satisfaction by delivering services more rapidly and ensuring an unprecedented level of visibility and control.

Improve workflow management to reduce costs, improve productivity, minimize the duplication of tasks, and reduce margin for error.

Improve efficiency by reducing email and attachment dependency , resulting in better communication and collaboration.

Improve gross profit margin and cash flow by improving efficiency and faster development through to delivery cycle.


IBM’s “ Business of Social Business” defines social business as embedding social tools, media, and practices into the ongoing activities of the organization. Social business enables individuals to connect and share information and insights more effectively with others, both inside and outside the organization. Social business tools facilitate engagement in extensive discussions with employees, customers, business partners and other stakeholders and allow sharing of resources, skills and knowledge to drive business outcomes.

According to an IDC study “The Intelligent Workspace”, the average worker spends 13 hours per week reading and answering emails, 8.8 hours searching for information, and 6.4 hours communicating & collaborating with team members.

McKinsey’s report, ” The Social Economy: Unlocking value and productivity through social technologies“ which creates value by improving productivity across the value chain, could potentially contribute $900 billion to $1.3 trillion in annual value across consumer packaged goods, retail financial services, advanced manufacturing, and professional services. A majority of the untapped value lies in “improved communications and collaboration within and across enterprises.” In other words, social media is poised to become an office productivity tool, much the same way that email did in the late 1990’s.


Market Research

http://www.mckinsey.com/insights/mgi/research/technology_and_innovation/the_social_economy

Validated IBM Partner for Social Business, integrated into IBM’s SmartCloud for Social Business.

Letter of Interest from ACCEO Solutions, formerly GFI Solutions to integrate into their Acumba Construction Software

Negotiations with Solgenia SFA, and Italian based ERP/SCM company with over 2,000 clients including Dolec & Gabana and Gucci.

Active revenue clients in the apparel industry, with pilot projects and exploration in verticals including jewelry, legal and multimedia.


Accomplishments

TestimonialsTimereaction business concept is truly innovative .Timereaction solution is both highly configurable and versatile enough to be used in most business environments. It delivers the best of Social Business, task management and SCM/ERP . The team is equally great , highly skilled and motivated. This is a great company.. Thierry Nicole, IBM, Business Develoment Executive for Collaboration Solution

Timereaction allows builders, contractors and sub-contractors to manage their job responsibilities, in a simple manner, from a shared calendar in a very intuitive interface. The communication tools allows the management teams and workforce to collaborate without the need for phone, fax, or emails thereby staying in contact with the many trades required in any particular job, all of this accessible from a computer, tablet, or mobile

Gilles Letourneau, President ACCEO Solutions

Solgenia is a global software company that has a customer base of over 2,000 customers using our modern ERP/SCM software. Timereaction brings an innovative 'social' component to to the process and the various players in SCM. Very cool approach.

Bob Binns, President North America, Solgenia SFA



Features

The Message Center is the repository of all the value chain workflow communications, notifications and related documents.

The most current information is displayed with all history in a top down view.

This example illustrates communication and actions taken between the Montreal HQ designer, the component supplier in China and the factory in Mexico.

Nested comments allow easy to follow conversation flow.

Participant timestamps provide bulletproof acknowledgement of when and by whom the message was last accessed.


A colour coded exception-based time & action calendar organizes the daily scheduled activities, alerting high priority actions as overdue. Team members, clients and suppliers share information and collaborate without the need to send updated spreadsheets and documentation via email.The value chain users’ personalized view gives access to their information allowing for immediate execution of their responsibilities. The workflow manager allows organizations to replicate their business processes into timeline driven interactive workflows that manage a products’ lifecycle from development to delivery.Timereaction requires no additional modules or portals.


The supply chain can actively or passively participate in workflow management. Purchase orders at both the product and raw material levels are pushed to the suppliers, allowing them to approve and then respond with their anticipated time & actions, making them more accountable.

Companies can manage multiple value chains from a centralized calendar and message center.


A flexible language library instruction set permits quick adaptation of languages essential to operating within a global supply chain environment.

A simple user interface allows the supply chain to complete tasks without the need for intensive training.

Calendar based permission rules focuses the user on their specific responsibilities.


The product bill of materials contains all attached documents and images for transparent supply chain access. No more sending files via email. File change management includes who has modified, when the changes were made, and what products they apply to.



28 activities - 365 separate workflow processes- 4,286 separate events

Imagine how many phone calls, messages, emails and documents this would create for your employees?

Future Direction

Timereaction fills a significant and unique gap that can enhance by adding a social layer and integrate with current business operations including Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Business Process management (BPM), Supply Chain Management (SCM), Product Lifecycle Management (PLM) and Accounting..


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http://www.timereaction.com/

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Timereaction deck

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