Tag Archives: new product development

Digitising strategy and operations – Aha!

Management textbooks, whether they be about strategy, operations, marketing or H.R., are full of ‘tools’ that an organisation might use in order to succeed.  Such tools include mission statements, SWOT analysis, competitor and market analysis, budgeting, goals and objectives, performance … Continue reading

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Biodegradable automobiles?

Cars are made from metal – usually. But recently a car made from flax and bioplastic (made from sugar beet) has been launched.  LINA is the first biocomposite vehicle.  As this article explains – “The complete chassis, the body of … Continue reading

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China is good at the hard part of innovation

It is commonly thought that the hard part of innovation is coming up with new ideas.  But in many countries, and in many companies, the hard part is turning ideas into a commercial reality.  Seinfeld and Beltoft (2014) argue that … Continue reading

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Exemplars of co-creation

Co-creation is the concept that consumers are directly involved in the devising, and sometime delivery, of new products and services.  This is something that Vision Critical are interested in.  This is because this operation “provides a cloud-based customer intelligence platform that allows … Continue reading

Posted in Chap 08 Queuing and customers, Sector: Entertainment & Sport, Sector: Manufacturing | Tagged , , | Leave a comment

Operations Insight: IMI Precision Engineering

This article on the manufacturer.com website provides insight into IMI Precision Engineering and how it has developed and implemented its lean manufacturing strategy.  One of the interesting things about this company is that it manufactures both high volume/low value components, … Continue reading

Posted in Chap 06 Materials and inventory, Chap 15 Lean and agile, Sector: Manufacturing | Tagged , , , | Leave a comment

Gumdrop – making plastic and rubber compounds out of chewing gum

This is gob-smacking in more ways than one!  First, it seems that used chewing gum can be transformed into rubber and plastic compounds.  Second, it seems there is enough of the stuff to make it economically worthwhile to do this. … Continue reading

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IKEA’s design ethos – think like a software company & open source?

IKEA’s Delaktig sofa comes with a multitude of click-on accessories, as this article explains.   But what is really interesting, from an operations point of view, is how they are thinking about design. One aspect of this is ‘thinking like … Continue reading

Posted in Chap 12 New products and services, Sector: Retail | Tagged , | Leave a comment

TGI Fridays as a food retailer

TGI Fridays has developed a range of branded food products for sale through retail outlets.  It is now planning to expand this range of products and extend the range of distribution channels internationally, as explained in their press release. This … Continue reading

Posted in Chap 14 Operations strategy, Sector: Hospitality & Tourism, Sector: Retail | Tagged , , | Leave a comment