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The 8 Dimensions of Packaging Excellence: Thursday, January 16, 2014 Dan Balan President, Fastraqq www.fastraqq.com [email protected] Copyright Fastraqq Corporation 2014-2018

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Page 1: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

The 8 Dimensions of Packaging Excellence:

Thursday, January 16, 2014

Dan Balan President, Fastraqq www.fastraqq.com

[email protected]

Copyright Fastraqq Corporation 2014-2018

Page 2: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Revenue pressure Cost containment Shorter innovation cycles Channel conflicts Decreasing Customer Loyalty Global Competition What is the packaging

equivalence of these?

Revenue pressure Cost containment Shorter innovation cycles Channel conflicts Decreasing Customer

Loyalty Global Competition What is the packaging

equivalence of these?

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Challenges Facing Companies

Page 3: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Creative Destruction

Page 4: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Mass Customization

Packaging and Branding Convergence

Packaging and Information Convergence

Sustainability

Global Supply Chains

Shorter Product Lifecycles

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Packaging Convergence

Page 5: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Issues to Consider:

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Capitalize on Convergence

Supplier-side Changes Customer-side Changes Competitors’ moves Disruptive Industry

Dynamics Discontinuous

technologies

Page 6: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Exploit Fresh Market Gaps Fresh Customer

Collaboration New Company

Competencies The Next Paradigm

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Capitalize Convergence

Areas to Improve:

Page 7: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Redefine Supply Chain Understand Ecosystem

Constraints Understand Total landed

cost Order-to-Cash Cycles Material Velocity

The 8 Dimensions of Packaging Excellence Improve the Supply Chain

Issues to Consider:

Copyright Fastraqq Corporation 2014-2018

Page 9: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Their Business Their Supply Chain Their Markets and

Brands Their Success Metrics Reverse engineer the

Customer Paradigm

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Master your Customer

Issues to Consider:

Page 10: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

The Value Mosaic Customer two-stepping Collaborative

Innovation One Face, One View,

One Value

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Master your Customer

Areas to Improve:

Page 11: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Full Business Cycle Functional Areas and

Departments The cross-functional Black

Space Operational Productivity

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Improve Internal Value Chain

Issues to Consider:

Page 12: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Contribution to Company Metrics

Full Business Participation Supporting the Success

Metrics of Other Departments

Agile Product Launches Company Initiatives The Friday Initiative

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Improve Internal Value Chain

Areas to Improve:

Page 15: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Air Water Energy Humans Land Animals Business and System

Constraints

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Improve Sustainability

Issues to Consider:

Page 17: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Product Data Customer Data Design Data Inputs, Outputs, Versions,

Variations Internal vs. External

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Improve Information Alignment

Issues to Consider:

Page 18: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Data Hygiene Traceability Integration to Main Stream

IT Information Cycle Times

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Improve Information Alignment

Areas to Improve:

Page 19: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Aggregate Creative Horsepower

Full Brain Thinking Proactive Innovation

Culture Innovate Categorically The Innovation Roster

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Innovate how you Innovate

Issues to Consider:

Page 20: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Disruptive, Incremental and Marginal innovations

New Product Revenues Life Cycle Extensions Design Modularity Cost of Fulfillment Cost of Innovation

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Innovate how you Innovate

Areas to Improve:

Page 21: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Capitalize on convergence Improve supply chain Master your customer Improve company value chain

Improve branding Improve sustainability Improve information alignment Innovate how you innovate

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence One Full Cycle

Page 22: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

Construction, Engineering, Capital Equipment

Satellites Aerospace Complex Telecommunications Automotive Semiconductors Furniture High Tech Computers & Peripherals Oil and Gas Apparel Food and Beverage Consumer Electronics Consumer Packaged Goods

Capitalize on Convergence Improve the Supply Chain Master your Customer Improve Internal Value Chain Improve Branding Improve Sustainability Improve Information Alignment Innovate how you Innovate

Copyright Fastraqq Corporation 2014-2018

The 8 Dimensions of Packaging Excellence Driving Economic Value

Industries: Take it to the Wall:

Page 23: The 8 Dimensions of Packaging Excellence - IoPP · The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set! Branding Sustainability Information Innovation ... Title:

The 8 Dimensions of Packaging Excellence: Mindset…Toolset…Get Set!

Branding Sustainability Information Innovation

Industry Supply Chain Customer Company

Value Chain

Copyright Fastraqq Corporation 2014-2018