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Companies can focus on win-win-win strategies to impact people, profit, and the planet with supply chain strategies that reduce packaging, modify materials, improve processes, and reduce transportation and logistics costs.
If companies can minimize packaging without affecting product quality, they can directly influence the bottom line by reducing materials and waste while increasing efficiency, effectiveness, and profitability.
ACTEGA recently announced that, following its acquisition of the closure materials business from Henkel in May 2021, the transfer of production from Henkel in France to ACTEGA DS in Bremen, Germany, has been successfully completed.
The Adhesive and Sealant Council (ASC) recently announced that it has partnered with The Association for Packaging and Processing Technologies (PMMI) to support and promote meaningful networking connections between ASC members and the packaging industry at PACK EXPO Las Vegas.
If you’re finding it difficult to keep up with all of the latest merger and acquisition activity, you’re not alone. Subscribe to our weekly eNewsletter, ASI eNews, and we’ll send the news directly to you!
Brands have long relied on their products’ packaging to draw the consumers’ eye and entice them to consider a purchase. But packaging has evolved beyond eye-catching graphics to encompass so much more, particularly as consumers continue to explore “green” products and services with the goal of helping to address climate change.
The continued transition away from brick-and-mortar to ecommerce brings demand for packaging innovations that enable faster delivery and better content protection from shock or temperature variations.
The shift from brick-and-mortar to digital shopping had been under way for some time when the COVID-19 pandemic hit. Since 2017, ecommerce revenues have risen from an estimated $1.4 trillion to $2.4 trillion, or about 2.7% of global output.
Producers focus on minimizing waste, reducing costs, increasing product quality, and maximizing plant efficiency. Wasted efforts are certainly a drain on resources, in addition to wasted product, creating the need to evaluate and implement lean manufacturing principles.