Providing innovative tools for SMEs
Companies today need to constantly upgrade business processes and keep them in sync with technical solutions in order to compete and flourish within a global manufacturing marketplace. This is particularly true for manufacturing SMEs. In order to address this issue, The Cost-Worth Toolbox has been designed. It is a groundbreaking, internationally recognised, unified, application-oriented and practical methodology that merges coaching oriented support with component based business re-engineering. The approach used has several essential features which support manufacturing SMEs throughout all stages of the innovative improvement process. These include the analysis and concept phase, which identifies the weak points, the specification and selection phase and the implementation phase, which covers the improvement actions. The methodology is attractive to SMEs for several reasons. It is efficient in terms of both time and cost and it is also easy for employees to learn. Furthermore, it works to ensure of the achievement of both short-and long-term SME business objectives while creating an innovation culture throughout the entire company.