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Blogging Beyond the Numbers

Posted by: Mike Steinl 2 years ago
The main reason good product ideas fail is that they get stuck between conception and development, often in processes that inhibit breakthrough innovation, according to a study by CGT magazine and Sopheon Corp. Nearly 60 percent of the study's respondents said that development resources were stretched too thin because of too many other projects under development.  The goal with new product development s...
Posted by: Mike Steinl 2 years ago
A solid pricing strategy can do more for your business than cover costs and generate a profit. It can position you in the marketplace and affect your long-term success. In manufacturing, a key financial calculation is gross margin What is left after the cost of production is subtracted from revenues. Gross margin must cover operating overhead and desired profit. However, actual gross margin dollars fluctu...