Packaging cost saving ideas resulting in millions of dollars

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.





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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.       ...
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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...
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