MAGNET offers a variety of services to help companies learn to innovate and compete in the global market place. Innovation consulting services include:

• Product Development
• Growth Planning
• Eureka! Winning Ways
• Market Diversification
• eco-SMART Manufacturing Program
  

Product Development

MAGNET’s award-winning team of engineers and consultants partner with your company’s own team every step along the way. They respond to your team’s initiatives and meet your company’s timelines.

MAGNET’s engineers can provide both virtual and manufactured prototypes that significantly reduce time to market.

Meet the entire PDD team and browse their portfolio of success stories at: www.magnetpdd.org

Growth Planning

MAGNET’s consultants help your team determine where your company is and where they want to take it. Our proven process helps you decide whether to focus on new products, new markets--or both. You will learn:

• The status of current markets and customers
• The potential for new marketing and sales techniques
• The performance of a product’s embedded technology platform
• The potential of the existing technology platform for new products and markets

Eureka! Winning Ways

E!WW is a simple yet disciplined process for identifying and validating ideas that will increase top-line revenues. Once learned, this cyclical process will:

• Invigorate your team toward action and ownership
• Identify ideas worth pursuing
• Develop a 30-day action plan to move ideas into production
• Ignite the cycle of growth

Learn more at the NIST Manufacturing Extension Partnership E!WW Site.

Market Diversification Program

MAGNET consultants will position your organization to enter new, stable and/or growing markets using your existing products and services if your current markets are:

• Not growing or are stagnating
• Declining in revenue
• Low to declining profitability

Using our proven 4-D process, MAGNET delivers the following for your organization

• Define and analyze current business situation to assess your core competencies and value proposition
• Discover through market research new target markets for you to enter which are a good fit for your business
• Develop a marketing plan within 90 days of project engagement
• Deliver additional services as needed
  

ecoSMART Manufacturing Program

These services meet the U.S. Department of Commerce’s definition for sustainable manufacturing as, "...the creation of manufactured products that:

• use processes that minimize negative environmental impacts
• conserve energy and natural resources
• are safe for employees, communities and consumers
• are economically sound."
  

Companies that adopt MAGNET’s sustainable manufacturing approach will see their top line increase through greater market share, enhanced reputation and customer satisfaction. They will also see reduced waste disposal, packaging and raw materials costs as well as substantially lower electricity and water use which will impact their bottom line.

Learn more at MAGNET's ecoSMART Manufacturing Site.