Contract packaging services enable companies to avoid expensive investments in equipment, training and facility fees by handling everything from initial design sketches through delivery of finished products. Co packers offer comprehensive packaging services.
Manufacturers typically set minimum order quantities that small and mid-sized businesses cannot meet, placing additional strain on budgets and taking up valuable warehouse space.
Reduced Operational Costs
Packaging costs can prevent companies from investing in areas they need most, like product design and R&D. By outsourcing your packaging needs, you can reduce operational expenses and free up valuable capital that could go toward growing your business.
Manufacturers frequently require a minimum order quantity (MOQ), forcing small and mid-sized businesses to buy more than they require. On the other hand, packaging distributors offer stock inventory so you can order just what is needed, eliminating wasted purchases while decreasing warehouse space requirements.
Online packaging stores are another cost-effective packaging option that connect you with local suppliers based on your shipping ZIP code, making it easier for you to obtain quotes and take advantage of bulk discounts without spending days calling and pricing regional retailers individually. This enables you to reduce supply costs while positioning yourself for future profitability when the economy improves.
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Less Waste
Packaging accounts for one third of municipal waste, comprising cardboard boxes, paper, plastics and metal containers. While packaging plays an integral role in keeping products secure, its lifespan is short lived before being abandoned to landfills or being consumed by organisms longer than it should.
Companies looking to reduce packaging waste should prioritize suppliers who create sustainable products and support the zero waste movement, while remaining open-minded about exploring all forms of packaging materials besides just hazardous ones.
Warehouses can save both money and energy by using stretch film to secure products together rather than packing them into large boxes, making them easier to fit into bins and recycling containers. Other tips include purchasing products in bulk, using reusable bags and looking out for labels like How2Recycle.
Increased Speed
One effective strategy to increase speed to market is using lean manufacturing and productivity tools such as overall equipment efficiency (OEE) metrics to measure and assess performance metrics that identify areas where easy improvements can be made to your packaging line.
Another way to boost speed is investing in automated packaging machinery and collaborative robots. This equipment works much faster than human labor force, without needing breaks for lunch or sick days.
Thirdly, consider contract packaging services provided by professional companies. Contract manufacturers provide this type of service to help their clients reduce costs by packing products at their warehouse instead of shipping back and forth between locations; saving both money and headaches down the line. Furthermore, professional contract manufacturers will take care of everything for you, from initial design sketches through production of finished goods for shipment.
Customization
Many product packaging companies can customize their services to meet the precise needs of each product they’re working with, including compacted or space-saving packaging solutions. If your packaging requires additional colors, finishes or textures that help distinguish your brand in the marketplace, many product packaging firms provide customized materials as well.
Simply put, hiring an outstanding packaging company can save time, money, and resources in the long run. They can offer innovative design, affordable materials, expert sourcing, and comprehensive logistics management that is more cost-effective than hiring in-house employees to manage these processes yourself. ***IN ESCROW***