Month: September 2019

Can corporate innovation be improved by outsourcing?

Can Corporate Innovation be improved by Outsourcing?

The majority of companies would acknowledge the need for staying innovative, and most would also admit the challenge of being so whilst also remaining competitive. Often, being forced to reduce costs, companies will choose to outsource their market research or web design for example. Apart from these cost reduction measures organizations will also outsource skills …

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Market Research Assumptions – A Paradox?

Dare to assume during market research – a ridiculously risky thing to do! You would maybe remember when Coca Cola brought out the ‘New Coke’ which was sweeter like Pepsi… They spent over $4 million developing the new product based on extensive market research using over 200,000 volunteers to blind taste the product. Even though …

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Magnetic Hand Tool Integration – Construction [Case Study]

The development and patent application of concealed magnet applications and intellectual property protection for various tools used in construction. Innovolo carried out a full feasibility and ideation on the use of ferromagnetic materials embedded into various forms of hand tool used in the construction industry. INNOVOLATION MODULES USED Feasibility Studies Ideation Specification Development Technical Documentation …

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4 reasons you should outsource your product sourcing now

We’ve seen a certain boom over the last 10 years, sensible organisations of all sizes are admitting the need to outsource procurement. So why would companies choose to outsource their procurement and their product sourcing? The overarching reason we’d assume is that the organisation will achieve its overall strategic objectives better through outsourcing. The outsourced …

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Innovation. It’s a conveyor-belt factory processy type of thing.

Think of a factory.  You may visualise a Henry Ford type factory, or a more modern Toyota type facility. Either way, there are three main processes involved. In one end goes a raw materials.  Out the other comes finished goods ready for sale. The first process is Goods In.  The task of Goods In is …

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