“Thank you for offering us this opportunity to help you determine if this new packaging is worth adopting. Based on our preliminary research and analysis, we believe that DrugGen should strongly consider the launch of the new packaging”
Reasoning:
- “It is expected to strengthen the patient adherence and thus improve the treatment efficiency and contribute to the growth of sales”
- “Cutting edge technology like this one will reenforce the positive outlook for DrugGen’s brand as a R&D heavy drug manufacturer that actively invests in the latest tech”
- “It might also offer additional benefits like counterfeit protection and longer shelf life protection”
Risks:
“Like with any new technologies there are some risks to consider. First, financial assumptions might be off. Secondly, new packaging might cause disruptions across the entire value chain in production, storage, transportation and distribution. And thirdly, given potential success, we should expect strong competitive response”
Next steps:
“As for our next steps, we would suggest to run a pilot with a new packaging and validate some of the hypotheses, design a detailed implementation plan and create a risk mitigation strategy”