Cleveland, Ohio (PressExposure) April 19, 2008 -- If you consider the following cost saving tips for your packaging purchases, it will make the whole process a lot simpler and easy on the pocket. The following tips are not specific to any particular plastic packaging, and are useful for any plastic packaging you want to purchase. Due to the advances in film structure the strength of the plastic can be increased while reducing the thickness and, consequently, the cost. Yes. You can save money by using thinner plastic for your plastic packaging regardless of the product you are using.
In lieu of planning erratically or when the need arises, plan ahead. It's good and economical to plan ahead, and make an annual planner if possible, and make sure your supplier is aware of your plans. Purchasing or committing to take an additional month or two of product will assure that you get that product when you need it.
Designating a freight carrier if you have an existing relationship with one will not only ensure timely delivery of your products, it's also an extremely cost effective step. Your discounted rate with your freight carrier will have a drastic effect on your bottom line.
Asking your supplier to hold inventory for you reduces your cost and frees up your storage space. Holding inventory also locks in your pricing, since the plastic industry can be very unpredictable.
Implementing an Automatic Replenishment Program with your supplier will prove to be economical. It's to your advantage in case you want delivery made just as you need the stock for sale.
By reviewing your sales activities during the past year or so, and through precise planning, you can determine a safety stock amount for your supplier to keep on hand at all times in the event of an emergency or immediate delivery.
Lastly, rely on your Packaging Professional for help and guidance completely, since they are completely familiar with your business.