Productiv
Edge
The Productiv Edge program is mentorship, incubation, and decades of supply chain know-how for your startup
The Productiv Edge program is mentorship, incubation, and decades of supply chain know-how for your startup
Dating back to our beginnings more than 15 years ago, Productiv founder Rich Boehling has a track record of partnering with entrepreneurs who are passionate about production, logistics, and supply chain management.
That’s why we created the Productiv Edge, an incubation program that exists to help launch supply chain ideas by providing technical, operational and financial support.
If selected for Productiv Edge, founders can expect to follow a phased program (Hatch, Fledge, Fly) that follows a young company through its first three years of operation. We believe that in every challenge – and there will be many – lies an opportunity. As you work through the Edge program, you’ll learn to dial in your opportunities and overcome barriers to your business’s success!
To date, Productiv has helped launch 9 businesses including sustainable packaging products, vinyl record production, mobile scheduling software, and a crowdsourced warehouse operator model.
Learn more about Edge success below, and click here to inquire about joining the program.
TemperPack (TP) was started as a college project between three high school friends while doing an undergraduate project. Two McGill ’14 Material Engineers, James McGoff and Charles Vincent, and Brian Powers, Wharton ’13 started making insulation for the bio-pharma industry as a project and got their first $10k sales while TP was still a student project. TP launched full time in 2014 and focused their business on attacking the e-commerce food market.
TP’s first products were meant to help e-commerce food companies reduce their packaging waste. These businesses were shipping sustainably sourced food in unsustainable packaging –often shipping more packaging than they were food. TP cold emailed many of the leading e-commerce companies, and often received emails back from the founders, tipping them off to how important an issue their potential customers faced.
Wanting to develop a truly green packaging insulation, TP worked with meal-kit leader Plated for 6 months and designed a fully compostable, 100% recyclable solution using jute which came from repurposed coffee bags, called Jutebox
Using this product, and contracts with early adopter customers, TP came to PI to help launch production on its first 100,000+ order of Jutebox products.
TP was introduced to PI as TP was looking for help in doing product assembly. PI immediately saw the potential of TP’s management team and took them on as a client. As a client, and portfolio company of Productiv Edge, PI provided TP the following support:
TP has been growing rapidly and recently launched a cotton product this year and now offers three product options: recycled, compostable and recyclable.
TP is expanding markets beyond e-commerce food and looking to add automation technology to improve their cost.
Hand Drawn Records (HDR) was started in 2011 by Dustin Blocker, a musician who was looking to get off the road traveling for gigs and start his own business. Dustin took his experience as an artist and began sharing those lessons with new artists. As those artists began to win awards, the label HDR took off.
In 2014, Dustin teamed up with Alex Cushing and in an effort to make ordering easier on their local indie artists, began matching up their artists with vinyl manufacturers. They saw an opportunity to move from brokering vinyl to manufacturing it. Demand in vinyl is projected to grow from 6% of the overall music market to 10% and a major supply deficit with only 30 plants worldwide capable of producing vinyl and a 16 – 24 week lead time to get a record in the queue.
Hand Drawn Pressing (HDP) was created as HDR was making the change from brokering vinyl records to manufacturing vinyl records. Dustin and Alex found a company in Canada, Viryl Technologies that was going to make the first fully automated vinyl record presses in over 30 years – and decided to buy two of them. It was at this critical juncture for HDP that they partnered with Productiv and Stephen Gould on launching HDP. The well rounded partnership included:
At the end of 2016, vinyl records outsold digital downloads for the first time. And further, as part of the vinyl resurgence, and HDP’s role in it, HDP was profiled in Forbes which can be found: (http://www.forbes.com/sites/shawnsetaro/2016/11/30/hand-drawn-pressing).
According to Dustin, “Productiv has enabled HDR to stay specialists in making really great vinyl records, to zero in on audio quality control. We don’t have to worry about packaging, QA, shipping and receiving and we could never have scaled our fulfillment that fast to satisfy our current orders. And being able to tap into Productiv not only was helpful getting off the ground, but will also be vital as we scale.”