Product Development, Consulting & Management

Rethink The Possible

Use the power of innovation to set your business apart from the competition.  Whether you bring the great ideas or you need help developing them, we can make them a reality. 

Our uniquely holistic approach to product development offers our customers efficiencies of vertical integration including speed-to-market and single-source accountability.   By partnering with Novation Industries, we can provide you with single point accountability – and that brings a whole host of benefits.  Collaborative design with industrial designers, engineers and manufacturing managers all working together to design the most marketable, functional and cost efficient product. 

Although we bring proven processes and repeatable methods to each project, we recognize that each product is unique and so is our thinking when designing a solution.

It is our goal at Novation to develop a clear understanding of your product requirements and prepare a concise plan for your comprehensive product development program. Novation will meet with you to uncover your goals and objectives including market requirements, profitability, functionality, esthetics and more.  When we get started, we will develop a comprehensive implementation plan considering scope, magnitude and overall strategic direction.

Product Development

During implementation, we introduce a phased approach to development utilizing tactical planning, detailed timelines and work not-to-exceed budgets.  Throughout our consulting process, we stay focused on achieving your results, while delivering solutions quickly and cost-effectively. We maintain a focus on the future and keep the process forward-thinking to be sure to achieve your ultimate business objectives.

Total Cost of Ownership

It is our passion to facilitate growth and success in our clients.  To achieve this it’s necessary to look beyond price.  Our discovery process is designed to uncover hidden costs that our customers may not be aware of and we then work with them to minimize or eliminate those hidden costs.  By focusing on TCO (Total Cost of Ownership) we can have a significant impact on our customer’s bottom line.

One of the tools we often utilize in our discovery process is The Total Cost of Ownership Estimator.  The TCO Estimator is a complimentary tool provided by the Reshoring Initiative. Unlike standard sourcing that is predominantly driven by price, the TCO model enables aggregation of all cost and risk factors into one cost for simpler, more objective decision making. 

To download a copy of the TCO Estimator please click here.