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Packaging Solutions

  • Important Factors in Selecting the Right Packaging Materials Supplier

    Modern packaging necessities lead manufacturers and other companies to consider thorough research when it comes to selecting a packaging materials supplier. Packaging is a complex area and you need the right players to hit the ball high.

    Packaging Materials

    Let us go through a checklist of things to be considered before making a choice.

    1. Selection of materials

    First, you need to assess whether the supplier deals with the materials you would require for your product packaging. Also, an important thing you need to know is whether they always have the stock when you need it. Do they source the required material in definite quantities as requested?

    Is your item seasonal?

    Some items are sold in specific seasons. Your supplier must be able to cope up with your seasonal material needs.

    1. Pricing

    Pricing should be judged on two parameters – quantity & quality of the packaging material in comparison with that of other competitions. Here you must be clever enough to analyze on a higher perspective like customer service and delivery times rather than only considering the numbers.

    1. Quality

    Product quality is of utmost importance. Ensure that the packaging materials you use adhere to the established quality standards while serving the specific needs of consumers.

    1. Service

    Is your packaging materials vendor able to serve you when you decide to downsize or plan an expansion? Assess the ability of the vendor of being flexible to serve your changing requirements.

    1. Delivery

     Though many would recommend that you order enough stock for use when needed, the truth is, it increases your warehouse costs and may cause loss when items are damaged/ expired even before they could be used. Look for a packaging materials supplier with stellar delivery track record. 

    1. Reports

    All said and done, the paperwork matters. Clear, easy-to-read documents, reports and accurate invoices are a primary requisite when it comes to a professional business relationship.

    1. Sustainability

    Environment friendliness is worth a check point when you approach a packaging materials vendor as it represents your company’s corporate social responsibility.

    COMMUNICATION MATTERS

    The untold secret to finding the right business deal is clear --- transparent communication. You must ask the right questions to be well-informed about your specific requirements. This would enable you select a vendor who is flexible enough to scale up to your expectations with time.

  • Should Industries Consider Financing for Smart Equipment Purchases?

    Packaging manufactured products is important, and businesses look forward to using equipment that has the latest technology. To stay ahead of the competition and make a unique stand in the market, smart packaging of products is the ultimate solution. It requires a hefty investment and striking a balance between investing in smart packaging equipment and maintaining an optimum cashflow becomes a challenge.

    Financing for your packaging machinery is surely the best option. There are financing strategies available for smart packaging machinery which can be highly beneficial for companies to enhance their packaging methods while also preserving cash for the tough times.

    Packaging Supplies

    Upgrade Now, There Is No Perfect Time

    When thinking of installing a smart packaging system, it would be worth considering upgrading and expanding your production process. Even small modifications can make a large impact. Companies need to focus on finding an efficient way to reduce per second costs while upgrading themselves to advanced mechanisms as time is money in business. Producing a unit in two seconds while others do the same in three seconds would lead to increased marginal profits. Upgrading to newer and finer machineries would be worth investing in and strategic financing option would make it more comfortable as the burden of the large investment amount gets divided over several months or years. Hence, you do not have to wait for the perfect time when you have the necessary funds.

    Look for Smart Financing Options

    Technology is advancing at a faster pace than never before. The value of advanced machinery you purchase today would be obsolete soon and equipment is known to depreciate at faster rates. So, searching for options that offer financing with flexible terms is important. Smart financing helps big, as well as small companies, to improve their packaging equipment without tying up capital and allowing easy cash inflows and outflows. The cash, on the other hand, can be well spent on research, development and marketing that do not depreciate.

  • The Benefits of Seasonal Packaging

    Have you ever heard of the term - seasonal packaging? Yes, packaging too, gets seasonal by displaying different moods throughout the year. Shop shelves seem quite different from the usual color schemes with products dressed in classic packaging. Holidays such as Christmas are an opportunity for retailers to increase product sales. This is the time for establishing an identity for new or less known brands who otherwise find it difficult to be recognized amidst the huge competition.

    The Benefits of Seasonal Packaging

    Seasonal packaging is a great… idea but would it be worth investing and how to get it right?

    Understand your Target Market

    Customers have an unlimited amount of choices to make at the festive time of year, and their purchase largely depends on the shelf appeal as they would love to explore new brands and products. Creatively designed packaging with a subtle touch of emotion is what clicks right, just by adding a color change, ribbons or glitter. Christmas is a time to make people feel special, so why not try adding a touch of luxury to your packaging so your product has a premium-look! Updating your packaging with a festive twist can trigger buyers’ instinct and let you enjoy a raise in product sales.

    Weighing the Cost of Seasonal Packaging

    It is not only about Christmas. You can experiment with your packaging designs on national holidays or during events as well. Food and drink companies can adapt to most occasions right from Valentine’s Day to Halloween and sporting events. It should be a thoughtful approach though, as all brands cannot randomly adopt seasonal packaging if it is not related to your brand. While there may be so many opportunities, there might be some more relevant ones.

    Your marketing and finance team must work in collaboration to understand the cost for such experimental packaging. You must adapt to the market trends, so you do not waste money on packaging that does not connect to the customers’ interests.

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