Innovation Flashcards

1
Q

Types of Innovation

A
  1. Product/Technology Innovation
  2. Process Innovation
  3. Service Innovation
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2
Q

Dimension of Innovation

A
  1. Incremental Innovation
    enhance existing practices
  2. Radical Innovation
    fundamental changes
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3
Q

Stage Gate System Process

A

Stage 1: Scoping
Stage 2: Build Business Case
Stage 3: Development
Stage 4: Testing & Validation
Stage 5: Post Launch Review

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4
Q

Technology-Push Innovation Process

A

Basic Science -> Marketing -> Development -> Manufacturing -> Sales

Step 1: Focus on technical issues & problems
Step 2: trigger search
Step 3: develop solution

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5
Q

Market-Pull Innovation Process

A

Market need -> Development -> Manufacturing -> Sales

Step 1: external market needs trigger search
Step 2: analyse potential solution
Step 3: innovative offering

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6
Q

Push-Pull Innovation Process

A

Mixture of both processes

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7
Q

Product vs Service Innovation Process

A

Pre-Study
Concept study
Development
Final development
Industrialization
Deployment
Follow-Up

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8
Q

Drivers for logistics innovation

A
  1. New technology
  2. Knowledge
  3. Relationship network
  4. Customer needs
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9
Q

Barriers of Innovation

A
  • Lack of clear definition of Innovation
  • Ineffective knowledge transfer
  • Lack of effective research
  • Difficulty of testing concepts
  • Inability to protect innovations
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10
Q

Classification for Innovations by LSP

A

Part 1: Customer related innovation
Internal Innovation
Part 2: single customer relationship
Multi customer related
Part 3: in ongoing relationship
At beginning of relationship
Part 4: proactive Innovation
Reactive Innovation
Part 5: proactive Performance
Proactive cost improvement

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11
Q

Logistics Innovation Process

A
  1. Setting the stage
  2. Customer gathering activities
  3. Negotiating, clarifying & activities
  4. Inter-Organisation learning
  5. Logistic Innovation
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12
Q

Innovation Activities

A
  1. Internal research & development
  2. External research & development
  3. Investment in infrastructure
  4. Acquisition of Knowledge
  5. Training & further education
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