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Cost cutting Idea Management

Jenni innovation process management

Jenni Idea Management
for Cost Cutting Innovation

Jenni idea management is a marvelous tool for identifying innovative cost cutting ideas.

That is because Jenni's ideas campaign approach to managing the innovation process enables you to focus employees' creative thinking on improving operational efficiency, streamlining processes and eliminating wastage. The result equals substantial cost savings -- savings that easily add up to far more than the cost of implementing Jenni in you firm.

Example

Recently, a large construction equipment manufacturing firm decided to test Jenni idea management software out. They ran an ideas campaign on how to simplify a component they used in many of their products.

In addition to a team of their own employees, they invited employees from a supplier to participate. They were astounded by the results! Within a couple of weeks, their employees and their supplier's employees collaborated to generate a handful of ideas that solved the problem and slashed the cost of producing this component! The result: substantially reduced costs in the manufacturing process. And this was their first ever ideas campaign!

They told us that even if they had brought all of the participants together in a room for brainstorming, there is no way they could have generated so many effective ideas.

We were pleased, but not surprised. Jenni's ideas campaign approach to idea management is perfect for generating cost saving ideas, including:

  • ideas about making products simpler in design, therefore making them less expensive to manufacture and often easier to service.

  • ideas about making the manufacturing process more efficient

  • ideas about simplifying the supply chain

  • ideas about using less electricity, water or other resources. Indeed, a number of clients have run such ideas campaigns and discovered all kinds of ways to cut costs!

  • One client even ran an ideas campaign asking "what stupid things do we do?" designed to identify wasteful, unnecessary processes.

Whether you are looking to simplify complex processes, in which deep expertise is needed, or you simply want to identify wastage, Jenni is the perfect tool for your firm. In particular, Jenni's ideas campaign approach to idea management allows you to focus employee creativity on specific issues, ensuring you get lots of great ideas. Jenni's evaluation matrix allows you to comparatively evaluate ideas in order to identify the ideas which offer the greatest cost reduction benefit (hint, it's not always the most obvious or most popular ideas!).

What about your firm? Are there opportunities to reduce expenses? If so, try out Jenni -- you will be amazed at how effective it can be at improving efficiency, reducing complexity and cutting costs! Contact us today to arrange a demo!

 

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