In Featured, Packaging, PDA Stories, News & Events

The transition from one year to the next often encourages companies to look at their supply chain to see where there are opportunities to make improvements or enhancements. As a sizable component of the supply chain packaging should be analyzed for key elements during this time.

These are a few ways that companies can improve their supply chain through packaging:

  • Leverage the capabilities and cost savings that come with working with a packaging partner

 

  • Utilize vendor managed inventory to achieve the most effective inventory management system

 

  • Identify the overall business objectives and create a process for reporting, analyzing, and storing product data

 

  • Replace old technology with up to date machinery to reduce product break down and deliver a better product

 

  • Work with a packaging consultant to determine the best products to minimize damage in transit/delivery/storage

 

  • Monitor vendor performance

 

  • Utilize Just in Time inventory management

 

  • Streamline and integrate accounting and purchasing systems

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