When you are budgeting for packaging, there are several factors that can impact your total cost of packaging, and several ways you can reduce these costs by optimizing your current processes. It's difficult to simply place a specific dollar amount to a project like this because no business operates the same way, and what works ideally for your packaging line may not work for any other business in your market. Sometimes you have to think outside of the box to fully realize the potential for cost-savings. Selecting who you work with and when you bring them in can significantly impact the dollar amount you can expect to budget. Here are a few other items that can impact your total packaging cost, including multilayer films, bundling films, maintenance, and new technology:

As a Brand Manager, Packaging Designer, or Production/Plant Manager, your primary focuses are safe and effective packaging as well as your bottom line. Packaging affects so many aspects of your product line, and with that, your business. Growth, revenue, and reducing costs can all be tied directly into the way you package and ship your products. So, while your industrial packaging products need to adhere to certain standards of quality and safety, how efficiently they are executed is just as important to your business.

“Out of control” packaging is a broad brushstroke encompassing many different problems. Product manufacturers deal with an array of packaging issues that can stem from complications with machinery, marketing, shipping, and more. To avoid as many of these pitfalls as possible, brand managers need to have input from their marketing, manufacturing, and engineering teams.

Clean Machines, Packaging, and Consumer Expectations in 2017 Pack Expo 2016 is a wrap, no pun intended. Beyond telling you how amazing the weather was in the Windy City for the show, we have a few worthwhile takeaways to share. Vertical form, fill, seal machinery dominated the floors; Pouches are continuing to grow in popularity and are innovating how brands go to market, and recyclable, environmentally-friendly, & compostable films are becoming resilient and competitive to other films. Plus, consumers want them!

Manufacturers can see increased revenue in a stagnant economy with outsourced fulfillment and contract packagers What are manufacturers of consumer goods doing to grow when the economy seems to be stagnant, at best? Outsourcing. The benefits to outsourced fulfillment and/or packaging include increased revenue and focus on core competencies, as well as decreased labor and overhead expenditure.

As a Plant or Operations manager, your objectives center around plant performance. As business grows, upgrading your packaging machines can help drive greater efficiency and reduce labor costs. With the several pieces to your packaging line puzzle, you may wonder if there is an ideal and universal machine upgrade that will give you the most benefit.