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  2. Ideas bank - Wikipedia

    en.wikipedia.org/wiki/Ideas_bank

    Most ideas submitted via an electronic suggestion box are limited to incremental innovation (doing things the way we always have but better). There is nothing wrong with incremental innovation, in fact the ideas leading to projects resulting from incremental innovation typically yield rapid revenue gains or cost savings.

  3. Cost reduction - Wikipedia

    en.wikipedia.org/wiki/Cost_reduction

    Depending on a company’s services or products, the strategies can vary. Every decision in the product development process affects cost: design is typically considered to account for 70–80% of the final cost of a project such as an engineering project [1] or the construction of a building. [2]

  4. AITX’s 2024 Review Sets Up 2025 For Continued Strong Growth ...

    lite.aol.com/tech/story/0022/20241231/9325254.htm

    RAD-I solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry’s existing and costly manned security guarding and monitoring model. RAD-I delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly ...

  5. Business process re-engineering - Wikipedia

    en.wikipedia.org/wiki/Business_process_re...

    The business needs analysis contributes tremendously to the re-engineering effort by helping the BPR team to prioritize and determine where it should focus its improvements efforts. [21] The business needs analysis also helps in relating the BPR project goals back to key business objectives and the overall strategic direction for the organization.

  6. 15 Most Innovative Companies in the World - AOL

    www.aol.com/news/15-most-innovative-companies...

    In this article, we will take a look at 15 of the most innovative companies in the world. If you want to see more of the most innovative companies in the world, go directly to 5 Most Innovative ...

  7. Pricing strategies - Wikipedia

    en.wikipedia.org/wiki/Pricing_strategies

    Cost plus pricing is a cost-based method for setting the prices of goods and services. Under this approach, the direct material cost, direct labor cost, and overhead costs for a product are added up and added to a markup percentage (to create a profit margin) in order to derive the price of the product.