If your business lacks storage space or is looking to reduce warehousing costs, a packaging inventory management service could benefit you.
A packaging inventory management service is where a packaging supplier stores and manages customers’ stocks of packaging. This involves maintaining pre-agreed minimum and maximum stock levels. Packing is delivered in smaller quantities on a just-in-time basis.
At Suttons Performance Packaging, our extensive warehouse, stock monitoring and forecasting systems, and a fleet of delivery vehicles allows us to manage packaging inventory for all our customers.
Our packaging inventory management works as follows:
Stock holding figures
Warehouse storage
Call off
Deliver your packaging
Stock replenishment
Repeat
Your business can expect numerous benefits when switching to a managed packaging inventory.
Firstly, it allows you to significantly reduce the storage requirements at your business. This can free up your warehouse or storage space for additional stock of products or components or increase the size of your production lines/manufacturing space. Alternatively, you can save the costs of the excess storage required.
Secondly, a managed inventory ensures you do not run out of packaging. Monitoring stock levels ensures that you always have adequate stock on site and in storage, consistently maintaining these levels.
Thirdly, the system can help identify trends and spikes in usage patterns, allowing production cycles and levels to be adjusted for future requirements.
Fourthly, the data generated in terms of usage can be used for Packaging Waste and EPR reporting.
And finally, it can significantly reduce the admin associated with stock takes, reordering and budget planning.
Alongside packaging testing, at Suttons Performance Packaging we can offer a wide range of additional services to benefit your business.
If you have an ongoing, regular requirement for protective packaging, our packaging inventory management service can significantly benefit your business. Please speak with one of our team at Suttons Performance Packaging to learn more.