At SPF Groups, we believe that process provides structure for any business function. It is especially true for the manufacturing sector to ensure safety, quality, and repeatability. Our approach to innovation & new product development is no different. When we develop rigid, returnable packaging products, our team follows a simple and proven process to create systemic value for all stakeholders.
FOCUSED ON YOUR SUCCESS
Any established new product development process uses target ROI, IRR, or NPV success metrics to help establish priorities and initiatives.
SPF Groups examines all our projects in the same way. Therefore, the key to any successful innovation or new packaging or transport product is upfront interaction and exchange of information. Useful information gathered in the planning phase leads to agreement, positive results, and successful long-term partnerships.
TYPES OF NEW PRODUCT DEVELOPMENT
SPF Groups specializes in new product development for customers, including rigid plastic containers and returnable plastic packaging. Some of these products include:
- Bins
- Carts
- Crates
- Dollies
- Hand trucks
- Pallets
- Racks
- Totes
- Trays
WHY CHOOSE SPF FOR NEW PRODUCT DEVELOPMENT?
1
Adaptability
Change is inevitable in every industry. The key is to navigate the new product development process correctly. Whether it’s sustainability initiatives, new product or packaging introductions, rebranding, regulatory changes – you name it, we can handle it!
2
Staying On-Time & On-Budget
SPF approaches new product development the same way we do any other internal or external project. We follow a process to keep us on-time, on-track, and on-budget. We create solutions and proven benefits because we listen to our customers and challenge the status quo.
3
Experienced Supply Chain Analysis
Once a project is established, SPF goes to work gathering data, comparing alternatives, and quantifying success metrics. Our customers benefit from the latest software modeling, prototyping, and testing. Perhaps most importantly, the SPF new product development team offers over 75 years of combined relevant experience in supply chain and reusable packaging analysis.
