 |
||||||||||||
 |
||||||||||||
| Motivation for Innovation |
||||||||||||
 |
||||||||||||
| Blown Intercooled and Injected 1971 MGB-V8 Custom |
||||||||||||
| Blackwood Labs LLC is dedicated to extending the concept of Lean Manufacturing to all phases of the Product Development Cycle, including Conception of the idea, Analysis, Market evaluation, Return on Investment (ROI), Prototyping and transition to Production as well as Intellectual Property protection needs. We offer Consulting services to help you hit the ground running and carry through. In some select instances we may be able to assist you with prototyping services as well. |
||||||||||||
 |
||||||||||||
 | Identify the need: Who needs it? Why? Will it sell? For how long and how often?... | |
| Conceptualize a product to fill that need: Best solution to the need. Why is it better? Will | |
| the market recognize that it is better?... | ||
| Feasibility of manufacture: Can we make it? Is it complex or simple? Does it require new | |
| capital investment or can it be produced on existing equipment?... | ||
| Determine the market: Will it achieve rapid acceptance? Who will buy it? What percentage | |
| of the market can it be expected to garner?... | ||
| Determine price point: How much can we sell it for? What do competing products sell for? | |
| Does it provide additional value that justifies additional cost?... | ||
| ROI calculations: Will the demand support the costs?... | |
| Funding: Are adequate funds available to cover the entire development/production/market | |
| penetration period?... | ||
| Production: Will this be internal, outsourced or both? Will conventional, Lean | |
| Manufacturing, or some other method be used?... | ||
| Distribution: How much warehousing space is needed and of what type? Is it currently | |
| available? At what cost?... | ||
| Marketing: Is a comprehensive marketing plan in place? Who are the buyers? What | |
| channels can they be accessed through?... | ||
| Sales: Is a sales force available? Are they familiar with the market? The product? The | |
| competition? How much training will be required?... | ||
| Patents, Trademarks, and Copyrights: |
| Patent: Is the pendency, scope, and duration well matched to the production and sales | |
| objectives?... | ||
| Trademark: Are there marks either in use by the company or those that the company | |
| anticipates using which should be protected as corporate trademarks?... | ||
| Copyright: Is it to the company’s advantage to register copyrightable materials?... | |
| Trade Dress: Are there specific packaging schemes or templates which are readily | |
| recognizable as the company’s products?... | ||
| Trade Secrets: Are there confidential processes or business methods, client lists, etc | |
| which could be harmful to the company if allowed to pass into the possession of a competitor or into the public domain?... | ||
| Knowledge of the Prior Art: Does the company maintain a prior art library in its | |
| engineering or legal departments?... | ||
| Documentation: Does the R&D staff maintain Inventor’s Notebooks, keep them up to date | |
| and regularly have them reviewed and witnessed?... | ||
| Costs and lead time: Is management aware of the costs?... | |
 |
| |
 |
| |
 |
| |
 |
| |
 |