reduce stockholding and write off costs

Lean manufacturing principles have been adopted by many companies over the past two decades and at its heart is the reduction of waste. One of the obvious targets to eliminate waste is stock and product write offs. To produce high quality corrugated graphics the traditional process has been to use litho lamination. To be commercially viable this means that paper has to be ordered in advance, usually on lead-times of up to 6 weeks. Due to this delay, packaging is often run in bulk creating stocks, which means hidden costs and reduced flexibility.

The changing economic landscape has meant that retailers have pushed promotional activity reducing cycle activity time. Additionally, brand owners have increased new product development and brand extensions, all of which mean that the time from concept to delivery has shortened.

Since our formation in February 2007 inspirepac have invested heavily in a new breed of flexo technology, all the time pushing the boundaries of print capabilities. The latest arrival is a 6 colour machine complete with precision diecutting capability which allows product to be printed and diecut in one pass.

This addition to our armoury means that our lead-times will fall to as little as 7 days, bringing high quality printed packaging to the market in record times.

As a result you do not need to order products in large volumes risking product write offs. In terms of lean manufacturing, waste is dramatically reduced allowing a more profitable use of your resources.

As an example we have been working with a major food company, converting litho laminated promotional products to flexo. Brand integrity was paramount. Unit costs were maintained, whilst manufacturing in smaller quantities. As a result product packaging write off costs have reduced from a high of 7% of sales to 0.2% of sales, saving our customer thousands of pounds. Stock holding has been reduced from an average of 4 weeks to less than 3 days.

Make an appointment now to discuss how we can reduce your stock holding and minimise packaging write offs.