Save Millions on Packaging: Knowledge and Free Advice

  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.       ...

 

 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 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...