Friday 29 March 2024
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Sopheon helps Mother Parkers commercialize its new coffee and tea products

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MINNEAPOLIS, US – Sopheon, a global leader in enterprise innovation management solutions, announces the deployment of its Accolade platform by Mother Parkers Tea & Coffee Inc. “With our customers and consumers driving increased demand for new tea and coffee offerings, it has become more important for us to be highly responsive to market needs, and to innovate and deliver new products quickly.

Digitizing our processes to make them more adaptive and collaborative has driven speed to market,” said Kim Cunningham, Chief Commercial Officer of Mother Parkers. “Through our partnership with Sopheon, we can now quickly implement and sustain systematic, best-practice approaches that will accelerate the development and commercialization of new products that the market is ready for.”

This deployment automates critical aspects of the innovation management and prioritization process employed by Mother Parkers, ensuring all organizational stakeholders have full visibility of the timing of – and information required for – each decision point across the product lifecycle. This in turn enables business leaders to commit resources more effectively to projects that align best with strategic business initiatives, and proactively identify project opportunities and risks. Additionally, it provides a means of capturing early-stage ideas to address new customer or consumer needs.

Sopheon CEO Greg Coticchia added: “Given today’s challenging business environment, it is critical that consumer packaged goods companies like Mother Parkers are agile enough to move very quickly to serve the needs of customers and consumers. We are delighted to have partnered with Mother Parkers in this endeavor, and we’re pleased that Sopheon’s Accolade solution is enabling them to match the pace of the market, increase efficiency, and make faster and more effective decisions.”

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Accolade is Sopheon’s award-winning innovation management software that connects people, systems and information across departments and functions. This cross-functional collaboration and synchronization results in trusted, timely data for faster, better and more dynamic decision-making for the world’s largest and most complex enterprises. Accolade has proven its value to thousands of global users by reducing costs, increasing portfolio value, reducing time to market, and boosting initiative and product success.

To learn more about how Sopheon and its flagship decision-support platform Accolade are transforming

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