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Save Crores of rupees in company from packaging cost optimization

Be own boss! Trends in 2023 in work-from-home packing jobs

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  What is work from home packing jobs? Imagine a large multinational company that sells millions of products to consumers every day. These products are assembled products. A product usually consists of many different components. Let's say an end product consists of 27 different components. This product cannot be assembled using machines as it requires critical thinking and selecting various components and placing them in the right place. Therefore, such operations cannot be performed with the help of robots. The company needs to employ more workers to assemble these products. It's really very difficult to manage the power and space of these men when the companies are very dynamic and the company has no certainty that such a product will be available in the future. So, an easy option for these companies is to look for employees who are willing to work from home packing jobs. MNC companies send the various components in a package along with assembly instructions to the people int...

Hidden secret cost calculation 2023: Save millions Dollars

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  For small business owners, packaging design professionals and even large multinationals, the question often arises as to how to calculate packaging costs in relation to target performance parameters. In this article, I showed how to calculate the cost of boxes for target performance parameters. The article is explained taking into account the fact that the person who calculates the cost of packaging has limited knowledge of packaging and is very easy to use. Packaging box supplier hide this calcualtion from their customers to earn more profit and due to lack of knowldge, customer just negotiate few % of prices and close the deal.They don't know the science behind box cost calculation and supplier continue to enjoy this opportunities. In this article I have explained logics behind box cost calcuation securing interest of both supplier and customer. Detail costing sheet: In this Excel spreadsheet you need to: STEP 1: Calculate required BCT (Kgs) 1.       ...

Packaging optimization and cost saving

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Companies making millions on packaging cost saving in 2023

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 Properly sized packaging: Choose packaging sizes that are appropriate for the product being shipped . Avoid oversized packaging as this increases material and shipping costs.  Lightweight Materials: Opt for lightweight packaging materials that provide adequate protection for the product. Lightweight materials can help reduce material costs and shipping costs.  Source Inexpensive Materials: Explore different suppliers and materials to find cost-effective options without compromising product quality and safety. Bulk purchasing can also help reduce material costs.  Efficient design: Design packaging that makes optimal use of the available space and minimizes material waste. Consider using standardized packaging designs to streamline production and reduce costs.  Minimalist design: Keep packaging designs simple and minimal, and focus on essential brand elements. Complicated designs can increase printing and production costs.  Use recyclable or eco-...

Packaging cost saving ideas resulting in millions of dollars

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Every business is looking for cost-saving ideas , but the people in the business don't know where to start. Even a small idea in packaging can result in significant cost savings on the company's bottom line, raking in millions of dollars. Here I've briefly summarized the key packaging cost saving areas that any company can realize in their packaging projects .

Save businesses millions of rupees: optimize packaging cost

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Packaging Cost Reduction: Save Crores of rupees. Every company’s management board, procurement head, Finance head or other responsible department’s heads always look to save crores from packaging used in their company. But, due to lack of proper field expert knowledge they continue to incur extra cost and suppliers continue to enjoy bonus profit. Supplier know where cost can be saved but they will never let company know this fact. Also due to lack of proper expertise by packaging department this cost continue to leak and over many years company loses crores of rupees, which would be avoid and added to balance sheet of company. From my last 15 years of working with national and international customers, I felt to share with everyone how packaging cost can help in generating crores of rupees without compromising product safety. We work with manufacturer’s day in day out to ensure packaging cost reduction and savings through a few quick and easy steps we have assisted companies with ave...

Corrugated Box Costing Calculation

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Top 10 Packaging Companies in India

There are several packaging companies in India that are known for their expertise and quality of service. Here are some of the top packaging companies in India: 1.       Uflex Ltd: Uflex is one of the largest flexible packaging companies in India. They offer a wide range of packaging solutions including flexible packaging, laminates, holography and more. 2.       Essel Propack Ltd: Essel Propack is a world leading specialty packaging company based in India. They specialize in manufacturing laminated tubes used in various industries such as oral care, beauty care and pharmaceuticals. 3.       ITC Ltd (Packaging and Printing Division) : ITC is a diversified conglomerate in India with a dedicated packaging and printing division. They offer a comprehensive range of packaging solutions including folding boxes, labels and flexible packaging. 4.       Huhtamaki PPL Ltd: Huhtamaki PPL ...

Harness the power of packaging to double your sales

Packaging your items and administrations can be a strong showcasing strategy to sell more and add additional worth. By packaging, we're not discussing the way in which you wrap up the package. We're discussing the 'package offer' you present to your clients (some of the time called a 'packaged' offer). An incredible illustration of this procedure is introduced to you at drive-through joints. At the point when you purchase a 'combo feast' for your kid, you are purchasing a complete package. Rather than buying a soda, chips, and burger independently, everything meets up in a feast package. Packaging is so normal in the cheap food industry that 98% of all deals are package deals. The advantages of packaging: Collecting various items or administrations to sell in a package builds your general deals as well as: ·         Enables you to sell sluggish product ·         Consequently sells your clients more without...