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  • Looking to reduce costs?

    For cost reduction without compromising on quality or performance, talk to us and we'll show you how.

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  • Need to innovate?

    Losing market share? If your product range is in need of fresh ideas, then give us a call.

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    An extensive list of Tricycle's skills and services.

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Product Development

Looking to reduce costs?

Are you looking to reduce your production costs without compromising on quality or performance?

At Trike we have a proven process for achieving real cost downs for products.

Steps in the Process

GATHER

We gather accurate information about the parts and assemblies, including material, process, labour and additional costs. This information is collected and presented in the form of a product road-map. A clear accurate map of the products current costs.

ASSESS

We then fully assess this road-map to find opportunities to reduce or remove costs. Our technical design experience, knowledge of materials and understanding of manufacturing processes allow us to see possible alternatives to the current practice. The outcome is a series of alternatives presented against the original to allow clear business decisions.

DEVELOP

Once the preferred strategy is selected, we can bring our product development skills to bear on making the changes a reality. Our costs can be validated against the road-map to ensure strong return on investment (ROI).

PROFIT

The completed project will deliver product cost savings which can increase profit margins or allow the product to be more competive, increasing sales volumes. All decisions can be guided by ROI and long term product strategy.

Like to know more? Please contact us

  • Tricycle Developments
    183 Hawke St
    West Melbourne 3003
    (+613) 9326 5365
    info@tricycledevelopments.com
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