Packaging and Containers - , , Peru
Why do brands seek contract packagers, and what are the benefits? ->Faster turnaround time, greater flexibility, meeting capacity surges and avoiding financial risk are just some of the reasons. Contract packagers provide the speed and flexibility for shorter-run jobs (seasonal spikes, new products/packages, etc.) as well as providing end-of-line flexibility (custom displays, retail-ready packs, etc.). How do leading brands find the right co-packers for their businesses? How do they evaluate, manage and maintain successful long-term relationships? Beyond good intentions, the devil's in the details of meeting expectations, structuring contracts, sharing information and measuring results. Successful co-packing relationships should be based on good communication across purchasing, supply chain, sales, operations, engineering and all departments, panelists agreed. Beyond talk, co-packers must be prepared to measure, benchmark and validate their performance to key metrics such as quality measures, on-time delivery levels, schedule adherence over a set period, volume variances to forecast and more. read more @ http://www.packworld.com/contract-packaging/strategy/cpg-leaders-tell-co-packers-what-it-takes-win
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