Periodic Reporting for period 1 - e-pack 3D (The intelligent online platform for lean packaging eco-design)
Reporting period: 2019-05-01 to 2019-08-31
Making all plastic packaging recyclable is really a tough change for any manufacturer. It is costly. For example, UK Coca-Cola has developed new technologies over five years at a cost of €285.7 million to turn 100% of the packaging the company uses recyclable. It is time consuming, given that they need 1 year for a new design and at least 6 months for a re-design. The complexity and magnitude of the change cannot be solved by adding time or people alone, but must also be implemented into the company's strategy.
- Task 1.1 Technical validation
Within the technological feasibility study, we have analysed the 3D Click stage of development and defined its final specifications based on real market needs for each segment application (. We have established our technology roadmap to achieve the biggest impact in the market, developed specific designs
- Task 1.2 Market assessment and pilot identification
We have studied and obtained our target market to better know what is the size of our market.
- Task 1.3 Business model validation
Together with stakeholders (investors, clients, collaborators) we have updated our business model according to the change of focus of the platform.
- Task 1.4 Legal assessment
We have studied how to protect our platform legally.
- Task 1.5 Work Plan for Phase 2 and Risk assessment
According to the technical validation, we have developed a work plan to develop all te new features.
- Task 1.6 Business plan description
We have documented what is the strategy to follow from now on to succesfully commercialize our product.
- Task 1.7 Business Plan and Feasibility Report
We have written and documented all the work done during the Phase 1.
We have already grouped both features in a same software and we plan to increase key features and functionalities to outstand even more and take our producte beyond the state of the art.