Global Portfolio Reformulation
Market research and sophisticated data analyses resulted in optimal global product portfolio reformulation.
background
- $4.1B infusion technology manufacturer in more than 70 countries
- FDA signaled an upcoming ban on plasticizer used in all client’s IV tubing product lines
- client decided to proactively reformulate IV tubing portfolio
- release of initial reformulation resulted in complaints regarding unacceptably high levels of kinking
client challenges
- identify optimal set of 10 product attributes to maximize customer satisfaction
- internal discord between R&D and marketing regarding optimal tubing formulation
methodology / analyses
- in person hybrid qualitative / quantitative study conducted with over 100 respondents
- study designed to identify statistically significant range of acceptability for product attributes and optimal formulation
- complex series multiple wet / dry lab exercises designed to mimic realistic clinical environment
- Pugh Analyses used to yield maximum information
results
- formulation was identified meeting upcoming FDA standards while maximizing customer satisfaction
- statistically significant results addressed R&D concerns
dd+p difference: multidisciplinary expertise
The dd+p team provided expertise in:
- logistically complex market research study design
- sophisticated data analytics and statistical analyses
- engineering report writing
as a result, the team’s single vendor, highly integrated approach enabled the identification of the optimal tubing formulation and lead to acceptance across diverse internal stakeholders.