By now, you, like the majority of the rest of the world, are probably aware of the crisis in Ukraine. War is never an event that we look forward to, and it has lasting, often significant consequences. For packaging companies and their customers, one of these consequences may very well be a notable cost increase for materials, services, and machinery. But, how exactly is the war in Ukraine responsible for causing such changes in the prices of these items? From cost increases in the resin market to the potential skyrocketing gasoline and crude oil prices, there are various ways in which this conflict may result in serious financial repercussions throughout various industries the world over. This article will explain what types of cost increases you can expect in the wake of the war. After reading this article, you will be armed with knowledge about these dynamics. Hopefully, with this knowledge in hand, you will be able to formulate ideas to navigate these potentially severe cost increases.
Are you looking to get your products to market as quickly as possible? Do you want to get your products into a retail setting faster than your competitors? If I had to guess why you are reading this post, I would assume it is due to one of two reasons. One, you currently have decent speed to market. But, you want to increase that speed to meet the demands of your consumers while one-upping your competitors. Or, two, you currently don't have the speed to market that you want. You are looking for ways to increase your speed to market without sacrificing your product and packaging quality. While there may be several reasons for your presence here today, chances are, you want to achieve the fastest speed to market possible while ensuring the highest level of quality for your product packaging and supply chain. With over 65 years in the packaging industry, Industrial Packaging understands the true importance of fast speed to market. And, we have helped many companies just like yours improve their speed to market capabilities. This article will give you the top five ways to ensure fast speed to market. After reading this article, you will have the tactics required to get your products to market in the time frame that you want them to arrive.
Are you tired of managing shipping and receiving for your company? Do you wish that you did not have to deal with product returns to unhappy customers? What would you be willing to do if you never had to package another product in your life? Does the thought of inventory control and labor force management keep you up at night? If this sounds like you, then chances are, you might benefit from a third-party logistics partner. But, what exactly is third-party logistics? Industrial Packaging has spent decades working in 3PL. Third-party logistics is like a second home for us. We know 3PL like the back of our hands, and we have provided these services to many businesses just like yours. In this article, we will introduce you to third-party logistics and define this term. We will also discuss other elements associated with 3PL in the context of contract packaging. With the information in this article, you will be able to decide if using a 3PL partner is a good idea for your business.
When working with a contract packaging company, in order to make room for occasional human error or mechanical issues, you need to supply your contract packaging company with enough product to allow for some waste. When offering contract packaging services, it is common for a contract packaging company to have to move from a warehouse that is too small. This is done to sustain the current requirements of their customer base. In this case, a move to a new location is a must. This would be waste produced by machinery and material problems or operator errors. There has to be some extra product available so that when products fail at some point in your packaging line, your contract packaging company will be able to use that extra product to replace those items. In the case of product waste, there is often a large amount of products left over after the order has been fulfilled. Normally, these products end up in a landfill. This is a travesty, particularly for food production companies. In fact, 218 billion dollars worth of food products is sent to a landfill each year. Food waste happens at all stages of the food production process. Each stage of the distribution and supply chain ecosystem also produces waste at times. Many people in the United States of America are going to bed hungry on a regular basis. With so much excessive food waste, this is absolutely unacceptable. However, navigating the complex laws surrounding food safety is a challenge. Even more so with the inability to reuse food products after expiration. But, it does not have to be this way. There are some fairly simple ways to negate such massive amounts of food and product waste. If you are willing to work with your local contract packaging company, you can do it. There are ways to develop a closed-loop system. This can reduce or altogether stop this type of unnecessary waste. Industrial Packaging has been offering contract packaging services for many years. During that time we have developed waste reduction protocols. These protocols have allowed us to largely reduce the waste of various products for our clients. In this article, we will explore the way in which waste reduction may be achieved by working with your local contract packaging company.
Over the past few weeks, you have been doing research about contract packaging. You have noticed other companies in your industry have outsourced their supply chain. They have done this with a contract packaging company. You find yourself wondering if contract packaging could benefit your own company. But, you are not clear on what the benefits of contract packaging are. Do they make sense for your business? Now, you find yourself here on the Industrial Packaging website. You are perusing blog posts and webpages about contract packaging. You see that we have been providing contract packaging services for many years. In some cases, to Fortune 500 companies. With the information found here, you will be able to decide if contract packaging is right for your business. And, while Industrial Packaging would love to gain your contract packaging business, we may or may not be the best vendor for you. Regardless, with the information available on our blog, we will be able to help you identify the right contract packaging vendor for your company, even if it is not us. In this article, we will review the top 5 benefits of contract packaging. This will help you identify if contract packaging is right for you or not.
If you have been tasked with buying shrink film for your company, chances are, you have noticed that prices for many films and plastic packaging materials have been slowly creeping up since at least September of last year. You may have also noticed that any resin-based plastic packaging supplies are also increasing in price as time goes on. You are probably wondering, what is the cause of these price increases? When can we expect them to stop? Should I stock up on supplies now to save money in the long run? These are but a few of the questions we have been getting from our customers, and we expect to continue receiving such inquiries. To provide some knowledge and peace of mind, we have put this article together to help you better understand what is going on. It is Industrial Packaging's stance that being open and forthright with this information is necessary because it impacts our customers. We believe that we have a requirement to be upfront with any type of news like this in order to maintain the trust we've built with our customers. With the rise of global supply chain disruptions due to customer demand, the plastic resin market is preparing for multiple cost increases as we head into March. Additional price increases for various resin-based plastic packaging supplies are expected to occur over the next few months. This article will provide some insight into the events that have led to these materials' increased prices.