No company will survive for long today without continually adapting to changing market needs. Customers increasingly demand new or improved products, at lower cost and in half the time. Many companies have made significant efficiency gains by applying lean to their production processes, yet have still to reap the benefits of lean in product design and development.

Lean Products Review

Is the cost of developing a much-needed new product prohibitive? Do you have an existing product that can no longer compete on price with overseas competition? Either way, we can help.

The Manufacturing Institute’s free* Lean Products review will pinpoint and remove the bottlenecks in your design and development processes that add unnecessary delays and cost. We can also help you analyse your existing products using ‘Value Analysis’ to identify lower value components that can be sourced at lower cost, reducing the overall cost of a finished product.

We will work with you to develop a more efficient system or product that reduces cost and time to market – building significant competitive advantage – without compromising on quality. By advising you on the latest innovative techniques and emerging technologies, we can make sure you stay one step ahead of the competition.

Benefits

• More successful, market-driven products
• Reduced time to market
• Improved responsiveness to changes in demand or competitor threat
• Reduced costs
• Improved cross-functional working
• Greater return on investment for costly development activities
• Prioritisation of products that deliver the greatest economic and strategic value to your business
• Increased competitive advantage

Project support

Following the review, a specialist Manufacturing Institute practitioner can help you to implement recommendations by leading projects, facilitating teams or mentoring managers. We can help you with:

• Ideas creation
• New product development processes
• Product design
• Design for manufacture, assembly and test
• Rapid prototyping
• Product portfolio management
• Market and competitor analysis
• Risk management
• Sales forecasting
• Organisational structure
• Setting effective key performance indicators
• Value analysis to reduce the cost of existing products

“The workshop certainly delivered what we set out to achieve.  The mix of teamwork and the tools & techniques The Manufacturing Institute introduced us to were right on the mark. We hit our product cost target and the SCH3 product is back on the map.”

Steve Wood – Production Manager, Money Controls

"The straightforward and practical methodology for the identification and screening of new business opportunities should prove invaluable as part of our overall innovation strategy."

David Edwin-Scott – Head of Technology, James Walker

Call us on 0800 093 9077 to book your Lean Products review

*this review is fully funded for North West SME manufacturers who have not had a funded review in the last 12 months