We work closely with clients on product development projects.
We work across a range of fields, with particular focus on the FMCG sector.
We work remotely or preferably at clients’ sites with their in-house teams.
Our role is to analyse problems and support product development.
We develop strategies and simple solutions that we test and help implement to make your product development process more efficient.
In addition, we help support on product innovations depending on need.
Reducing development costs
We identify the key cost drivers and reduce them to the necessary minimum, first in workshops and then directly in practice. These noticeable changes enable performance to rise not only at individual sites but also in worldwide development networks
Raising efficiency in product development processes
At product launch, many products more expensive than planned. How can products be developed more efficiently to meet the plan. A simple and efficient product development process is a platform that can deliver competitive advantage and speed to market
Optimising product costs
One way for companies to resist cost pressures is to keep a constant eye on product costs from creation to customer delivery
GET SUPPORT FOR YOUR R&D PROJECTS
The key to succeeding in rapidly changing market and being competitive lies in developing new products, improving existing products and delivering innovations to market with speed. Very few companies are able to consistently adhere to planned deadlines or budgets.
Coaction R&D Consulting Services supports clients in making the relevant improvements in this area, by applying range of services and strategies. We rely on experience and solutions that have been proven in practice. Your company’s ability to innovative are enhanced.
Product development processes are made more efficient. In addition, research and development costs can be reduced and product costs optimised. These strategies are precisely adjusted to meet the needs of the individual company
INCREASE INNOVATION CAPABILITY
To deliver the right products onto the market with speed and excellence in execution. Coaction consultants identify the best strategy to increase your innovating power. Our experience in R&D and New Product Development and Delivery gives us the aerial view to look at the complete product development value chain
01. Risk Mitigation
Our experience in R&D and New Product Development and Delivery gives us the aerial view to look at the complete product development value chain in order to identify risks and find the best possible way to deliver a high quality product to market.
02. Enhance product development process
Our understanding of business operating models enable us to interrogate the key inputs required the initial idea to market introduction. We help build the innovation process where product development and commercialisation can be executed with speed and efficiency.
03. Build capability
By focusing on individuals and their creative potential, we can leverage those talents in a better way. Ultimately, we enable our clients to build a capability for innovation that assists product development engineers to focus on what they are really good at.
IT'S ABOUT BUILDING CAPABILITY THAT MATTERS TO THE BUSINESS LONGER TERM
- How can we bring the right innovative products onto the market at the right time in rapidly changing environments?
- How can we develop successful products even faster?
- Development performance is what counts: so what path do we take to become the best company in our sector?
- How do we increase productivity in our development work on a sustainable basis?
Product development consulting services that assists the company to innovate, develop and deliver new products faster
Once the consumer insight or market insight has been translated into a viable, winning product concept, its then time to allow the product development specialists to work their magic. It is worth noting that many new products fail because the insights were not accurately translated into a winning concept. that can be taken to market with the available resources.
These teams can be really effective when lean product development processes are employed. But these teams also need to empowered and trusted to deliver the best solutions.
Management’s goals are best served when project leaders have responsibility and accountability for the new product development process. Very often, the product development process is weighed down by complex processes and decision-making points. Whilst process and procedures are great, they need to apply the appropriate level of risk management and thorough decision-making.
Successful teams deliver much more without micromanagement. Senior management oversight must ensure that empowered teams stay on track and on task throughout the product design and development process. Innovation and Product Development teams must employ as little process as necessary, but sufficient enough to repeating past mistakes.
Probably the most important project management tool is being able to identify risks in the product development process and lay down plans to effectively mitigate those risks.
At the end of the day, innovation and product development is better served with a “Minimum Viable Process”. This is the minimum process necessary, but no less.
Innovation Is simple – but not easy
For those companies that strategically focus their innovation effort, create an environment for creative thinking, allow time and space for innovative effort, develop processes to generate and develop ideas, and who implement quickly will be leaders in innovation.
Check out our blog for more information
Give us to call to see how we can help
+27 83 451 3523
biz@coaction.co.za