Conner’s Total Cost Approach creates a packaging solution that aims to reduce your overall costs while still protecting your product. These are the factors we look at when we’re determining the total cost of your packaging.
Materials: Obviously, the cost of the packaging itself matters in any solution, so it’s definitely one of the factors we look at in our Total Cost Approach.
Logistics: Packaging design can have a pretty major impact on the overall cost of your transportation. Does the packaging optimize the number of your products that you can get on a truck?
Labor: Another factor that we take a look at in your total cost of integrated packaging is labor costs. There are many solutions available that will lower your labor costs, such as kitting, assembly, and repackaging.
Administration: Many companies fail to take their administration costs into consideration when it comes to packaging, but it’s something that we factor into your solution. For example, does your packaging make it more cost-effective to manage inventory or would VMI (vendor managed inventory) be a better solution?
Warehousing: Does your packaging make the best use of your warehouse space? Would your warehouse space be better used for production, rather than storage?
Handling: Your integrated packaging solution should make your product easy to load, saving you time and labor costs, as well as reducing damages.
In-Transit-Damage: If you’re realizing a high rate of in-transit damage with your current integrated packaging, then you definitely need to take a look at better packaging design. Out of all the factors that we consider in our Total Cost Approach, in-transit damage is one of the most important.