When companies look for ways to improve their supply chains, they typically concentrate on improving pick rates or reducing inventory errors. What they may not consider is the importance of packaging.
The type and amount of materials used to package goods can have a tremendous impact on an operation’s efficiency and effectiveness. As such, savvy businesses are always on the lookout for ways to reduce their expenditures in this area.
Fortunately, several strategies exist for reducing packaging costs. By adopting these, your company may be able to save a substantial amount while boosting revenue. For example, if you’re currently using conventional printing methods, you may realize significant savings by switching to digital. This is especially true for product lines that have smaller runs. Since you won’t have to order large quantities of packaging materials with this method, you’ll cut down on wasted inventory as well.
Working with the right printer also can make a difference to your bottom line. Not only can it enable you to place smaller orders and eliminate waste, but a responsive printing company also can work with you on other cost-saving techniques. For example, it may be possible to eliminate the need for separate labels by printing directly onto bottles.
Your packages have a lot to do with the overall efficiency of your supply chain, so it’s important to carefully consider how you can improve the entire process. The accompanying infographic contains several useful tips you can use to lower your costs in this crucial area.