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Revolutionizing the Plastic Industry: MetaExpert Guides Start - Up to an Inventory Accuracy Level Exceeding 95%

Situation

An early-stage startup in the alternative plant-based plastic industry aimed to establish a physical presence with a research and development and pilot production facility for sustainable plastic resins. The company's products are biodegradable and compostable, making them environmentally significant.

Actions

Over 13 months of full-time commitment, MetaExpert Paul managed all aspects of business operations, including leasing a facility, budgeting, overseeing leasehold improvements, managing landlord negotiations, sourcing, and installing all facility services, obtaining government permits, importing equipment, establishing an international supply chain, and designing packaging and costing programs.

 

Results:

 

  • The facility was established two months ahead of schedule and 26% below budget.
  • Raw material supply was received one month ahead of schedule and 7% below targeted costs.
  • Initial pilot production was achieved and shipped on schedule.
  • A sustainable pilot production and R&D facility was created, paving the way for successful financing rounds within 18 months.
  • MetaExpert Paul guided the company to an inventory accuracy level in excess of 95%.

Return on Investment

The most significant ROI was the successful establishment of a sustainable pilot production and R&D facility, which led to the completion of a successful series of financing rounds.

Alternative plant-based plastic production facility

Conclusion

An early-stage startup in the alternative plant-based plastics industry had an operations and pilot production facility sourced, designed, implemented, and commissioned under budget and ahead of schedule. Paul's leadership and critical skills in network building, project management, technical knowledge, and financial acumen were instrumental in the project's success.

Project Details

MetaExpert skills needed:

  • Strong network of suppliers, logistics, customs, trades, and service providers
  • Project management and multitasking
  • Technical knowledge in all aspects of operations
  • Financial acumen for budget management and costing

Contract Length: 13 months (full-time)

 

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