Rising raw material costs. Pricing pressure. Economic uncertainty. Profit margins squeezed. For most companies, factors such as these have made the need to drive down costs and improve profitability a top strategic priority.

But how can you maintain momentum for innovation and new product development initiatives alongside cost-savings projects that often compete for the same resources?

The paper below provides insights into why a growing number of companies are combining the management of innovation and cost-savings projects in a single process with common portfolio views, and outlines a 6-step best-practices process that will help you:

  • More effectively allocate resources across cost-savings and innovation projects
  • Establish a structure for capturing and evaluating cost-savings initiatives enterprise-wide
  • Prioritize cost-savings efforts based on their anticipated business value
  • Make faster, better cost-saving innovation program decisions

Integrated Cost Savings Management

Download How to Integrate Enterprise Cost-Savings with NPD and Innovation Programs now!

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