Management teams can improve the front-end of innovation—idea generation—through enabling tools and technology and by establishing an underlying culture of continuous innovation. The innovation back-end—execution—is well managed when products match customer requirements, mass customization delivers more personalized products, and new product designs are aligned with markets, customers, and regulatory requirements.
Delta Smart helps companies improve their ability to innovate and develop profitable new products, features, and technologies using a range of approaches:
- Design cost reductions:
Working closely with our clients, we establish teams to examine distinct products or product modules. These teams achieve breakthrough results using a systematic methodology that includes stripping out product features that customers want but do not pay for, eliminating excessive engineering specifications, adopting design best practices, optimizing designs to minimize cost drivers, and identifying a cost-optimal supply base to support each product.
- Design for quality:
We address quality issues across the board by ensuring problems at dealerships are fixed right the first time while also eliminating problems that involve engineering, manufacturing, and suppliers. We also help our clients address all aspects of their warranty programs, including reducing costs, realigning terms and conditions, and limiting claims that are due to errors or fraudulent behavior at the dealership.
- Engineering effectiveness:
Defining core competencies, identifying efficiency gaps, and creating product development strategies are the first steps to improving engineering effectiveness. The focus then turns to reducing overall product life cycle costs by instituting earlier design stability and accelerating product delivery via concurrent product development.
- Engineering changes:
Product design changes if not managed properly can drain profits and compromise competitive pricing. Our work in the automotive industry includes executing a defined process to identify the root causes of design changes throughout the product life cycle, developing pricing and negotiating strategies, and tracking changes.