Sustaining and improving profitability is today's business imperative
All products are continually threatened by the combined actions of competitors and technological evolution. These forces will inevitably result in falling sales revenue and reduced margins. The continual introduction of New Products is the only effective response.
Do you:-
- Design and supply your own Products?
- Want to make bigger profits?
- Suffer the headaches of New Product Launches?
We:-
- Understand the issues you face
- Can provide ready made and bespoke solutions
- Help you to maximise your potential
Missed Opportunities are a major source of Invisible Waste
Once the decision to Launch a New Product has been taken, it creates an opportunity to review any outstanding issues and include them as requirements in the product and project specification.
The business imperative can be re-stated as.
Maximising the Profit Opportunity afforded by New Product Introductions.
Product Profitability:-
- Selling Prices
- Sales Volumes
- Costs
Project Profitability:-
- Shorter time-scales
- Minimum resource and investment
- Maximum impact
However like all changes,
New product introduction brings significant BUSINESS RISK
The only secure way to optimise the opportunities and manage attendant risks is an effective New Product Introduction Process (NPI).
Ensuring Strategic Compatibility:-
- Markets/Customers
- Product
- Supply Chain
Detailing Management Controls:-
- Staged Approvals
- Reviews
- Success Criteria
Engaging Lower level Processes:-
- Marketing
- Engineering
- Planning
- Financial
Enabling Resource Provision:-
- Dedicated resources
- Shared resources
The process must be as simple as possible; effective at optimum cost.
If your NPI isn't working to your satisfaction, we can help in a number of ways.
Explaining:-
- The philosophy that supports good practice
- The requirements of a successful process
- How to achieve whole business integration
Providing Examples of :-
- The NPI process
- Support processes
- Engineering
- Planning
- Financial
Bringing Experience of:-
- Process Design and Operation
- New Product Introductions
We know some things that work – and a lot of things that don't.
We can deliver a range of support packages.
Diagnostic Assessment:-
Training:-
- Management Overviews
- Team alignment
- Functional processes
Bespoke support:-
Our training materials employ a modular format which enables tailoring to specific needs and groups of individuals.
Get off to a good start
What better way to launch your project team than using our experts to align the group and get the ball rolling.
No obligation discussion
We always welcome the opportunity to discuss client's needs and explore the best way of applying our expertise to the benefit their business. We are happy to support informal one to one discussions or provide a short presentation and discussion session with individuals or groups.
CALL NOW for FREE GUIDANCE
Our team has been especially assembled to cover all your needs and we are confident that you will be pleasantly surprised at our pragmatic yet comprehensive approach.