|
How does the PTC Cost Savings Program Work? Benefits of PTC Cost Savings Program
Benefits of the PTC Cost Savings Program
Achieve significant cost savings (e.g., for Six Sigma )
Pre-screening of opportunities by PTC experts at NO CHARGE
Low risk-low investment process development, performed by PTC experts
Alignment of interest is achieved between customers and PTC Organics since most of the fees are based on meeting customer-defined "Criteria For Success" and customer-controlled commercialization of the improved/advantageous process
go to PTC Cost Savings Inquiry Form
How does the PTC Cost Savings
Program Work?
Benefits of PTC Cost Savings Program
concept to commercialization
Pre-Screening
PTC Organics’ Scientific Advisory Board determines the technical probability of success of potential customer process improvements using Phase Transfer Catalysis (under secrecy agreement). If "high," proceed to Development Agreement. Pre-screening is free of charge.
Development Agreement
Reach development agreement based on "Criteria For Success" upon
which success is measured during development and
commercialization.
Laboratory Development
PTC Organics commits its best efforts to develop a process in the laboratory with the goal of meeting the Criteria For Success. A nominal commitment fee is paid by the customer at the outset of laboratory development. PTC
Organics invests laboratory resources and expertise of leading PTC scientists.
Process Verification
After submission of a written report by PTC Organics that the Criteria For Success have been met, the customer verifies the performance of the written procedure in its laboratory. A Successful Laboratory Development Fee is paid after verification. The
customer incurs no additional financial obligation if the Criteria For
Success are not met.
Scale Up & Commercialization
At its discretion, the customer performs scale up and commercialization of the advantageous process. Technical support is provided by PTC Organics. The Commercialization Fee is typically 25% of the cost savings achieved.
|
go to PTC Cost Savings Inquiry Form
How can I know if my company has a PTC Cost Savings Opportunity?
| PTC Top 10 | PTC Reactions | PTC Benefits | 60-Sec PTC Test | 30 Sec PTC Test | On-site Seminar | Home | Contact |