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Innoexport Consulting
Innoexport Consulting

When we think of innovation, we often tend to imagine ground-breaking new inventions. The most innovations are an evolution.

A change to your processes, delivery model or even your marketing can be just as effective as a new product in creating a lasting competitive advantage, increasing margins and helping you unlock profitable new markets.

Here are six different ways SUPPLİER PARTNERS are driving growth through innovation.

Six ways innovation can grow your export business

The key is thinking innovatively about the way your business operates.

When we think of innovation, we often tend to imagine ground-breaking new inventions. Thr most innovations are an evolution, rather than a revolution. A change to your processes, delivery model or even your marketing can be just as effective as a new product in creating a lasting competitive advantage, increasing margins and helping you unlock profitable new markets.Here are six different ways SUPPLİER PARTNERS are driving growth through innovation.

Stages of New Product Development

The New Product Development Process falls into the following processes or Stage Gates:

1.Idea generation

2.Product feasibility study (Business Case Signoff)

3.Product Design and Development (High-level product design, Prototype testing, and optimization)

4.Production Sourcing         (To look for suppliers who can support the Time-in-Market phase) 

5.Go-to-Market (GTM)

İnnovation is sometimes investing, sometimes inventing; but always investigating change

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