Business Daily Africa
Innovation that improves efficiency and quality leading to price cuts
Written by Sam Mwangi
September 16, 2008: An innovation is mostly the end result of a deliberate search for excellence. It creates previously unrealised value at all levels, unlocking growth through improvements in efficiency, productivity and quality that lead to better positioning in the market.
In Kenya, there are several interesting innovations in services and manufacturing. One interesting innovation is the use of plastic pouches in the packaging of milk. According to a previous study, the cost of packaging milk eight years ago was a disproportionately large percentage of the total cost of milk.