Discover How Co-packers Can Help You Bring a Product to Market on a Budget. Learn to Streamline Production, Optimize Processes, and Expand Distribution Channels for Maximum Growth.
How to Go From Concept to Market With Co-packers Read More »
For most inventors with a new product idea, they are far better to license their idea to a manufacturer than to raise the capital to manufacture and distribute the product themselves.
How to License Your New Product Idea Read More »
Disruptive innovation is not about the next new product as much as it is about transforming an existing market from being expensive and complex to affordable and accessible. A disruptive innovation is more about targeting a high profit/low margin business and creating a high volume/low margin alternative. For example, it is very expensive to take
What Is Disruptive Innovation? Read More »
The other day we talked about mass-produced products being the only ones making it to the market. We stated that this was because they require high sales volumes to break-even. However, we also discussed that some manufacturing was able to be customized and more easily distributed. In the past, it required large capital investments to
The Tipping Point of Labor and Automation Read More »
More and more products can be produced and assembled by robotic assembly lines. Even services, such as those offered by CPAs and stock brokers, can now be performed by software tools or applications such as TurboTax or e-Trade. Recently, I read an article that said that with the threat of a monumental rise in the
The Robot/Application Arbitrage Read More »
The only parts that make it into the mainstream are parts that can be manufactured in the tens of thousands. These large batches then require complex distribution channels and warehousing of inventory that ties up precious capital. With small-scale 3D printers, laser cutters, and CNC machines, parts can be produced at the point of sale.
The Coming Cottage Manufacturing Revolution Read More »
Many local ecosystems have initiatives and programs to foster innovation in their own community as a way to grow new technology or manufacturing companies. They do this in the hopes it will bring in new money as the primary employer grows to maturity. However, sometimes it is not the product that generates the revenue, but
New Product vs. New Economic Model Read More »
Primary & secondary employers are vital to local ecosystem, One brings new money in and the other keeps money local, However each is treated different,
Ecosystems: Primary vs. Secondary Employers – Why You Need to Know Read More »
Economies grow through incentives or the lack of disincentives for business investment. In pro-business countries like the US, the cost to lay off an employee can range from two weeks to six months of the person’s salary. In pro-labor countries, like many in the Europe Union, the cost to lay off an employee can exceed
Pro-Labor or Pro-Business? Read More »
When I hear politicians say that we need to bring more offshore manufacturing jobs back to the US, to me it is like saying that we need to move more employment back to the farms. Often the dialog related to manufacturing jobs includes references to more skilled jobs with higher wages. There is one very
Manufacturing is Not The Answer Read More »
