Plastex evaluation and R&D Tool
The client, Plastex, is a Finnish plastic manufacture company founded in 1936. The company is motivated to engage more with their End Users and designers when developing and evolving products. Plastex's core expertise is long-lasting everyday products.
Our team identified Plastex's main challenge in R&D process being unsystematic methods and a lack of tools to evaluate their products and ideas.
Workshops and process mapping with client and their stakeholders, Surveys and interviews with end users, designers and other experts.
Outcome of the project was Custom R&D process method and project evaluation tools. Guidebook was also developed for supporting the implementation of their new systematic R&D process.
Evaluation tools contain Checklists, Scoring Model and Financial Model. Checklists are used to ensure that key activities are made for the next phase. Scoring model helps to evaluate if the product fits to the current product portfolio and if it has competitive advantages. Financial model helps with estimating risks and costs of the project.
With out help Plastex now has more systematic R&D Process, efficient method for Go/Kill decisions, defined ways to connect with End Users, clear understanding of roles of different stakeholders and tools to tolerate risks and manage their product portfolio.