Tag Archives: packaging

Why Get Packaging Now 

If you’re looking to figure out whether or not buying packaging is good to do right now, the short answer is yes. This is something that should’ve been purchased otherwise. While it may seem lie you can’t, cause you can’t turn back time, but buying packaging at the last minute is not something that’s encouraged by many. 

This isn’t just a bad idea, it’s a costly one, as this is one that causes a ton of headaches that you don’t want. Plus, if you’re struggling to get things sent out, the last thing you want is some packaging to not be there. We’ll go over why this is important now, and also the best ways to buy in our current world. 

Why buy it Now? 

If you’ve been living under a rock, you probably haven’t heard of the supply chain and labor shortages. But for most of us, we know about all the shortages, the conflict that is happening internationally, and a sea of other issues.  The packaging that you need for the future should be grabbed today. 

This is something that may seem like a bold claim, or just a cheesy marketing tactic, but that isn’t the case. You should get the packaging that you need for the future today, up to about 12 months or so. 

The reason for This 

The pandemic, the war with Ukraine, and other black swan events have been causing a lot of problems with the materials and machinery that is needed. In many cases, the supplies and equipment that you need have a ton of lead times which can impact when you get it. That’s why, you need to buy the materials that you need today, and this is something that prevents it from getting off weeks, even months too late.  So what are the factors that are causing all of this. 

The availability of packaging and the materials for packaging are important. This is one that’s become a major snafu due to the major material shortages, and right now, the current machinery has practically no availability. The demand for this is starting to increase, but if you get the future purchases done now, you can avoid paying the premium prices down the road. 

How do you know what’s availible though? Well, talking to someone to help you with this can help you find alternatives if there is nothing, or where to buy the actual packaging that you may need. 

The second thing is the lead times. While the materials and machinery may have lead times that seem normal, some items are so out of stock that it can take up to 13 months to get these. But if you talk to someone to help you find the right packaging that you need, you can get the best packaging based off the lead times and the feedback that’s there to ensure when you’re ready for this. Ignoring this does impact the ability to get items when you absolutely need them. 

Before Buying 

With that of course, you should also make sure to ask questions about the machinery used for packaging and get all of the information that you need right away to make the purchase possible. 

Plenty of people benefit from this, and there are a lot of great ways to find packaging ahead of time. lots of times, the right packaging is there, you just have to go and look for it. With that said, if you think that there is a chance that something is going to be out of stock, then you should make sure to get it to them sooner than later. 

Proper Packaging to Use in Our Current Climate 

There are many challenges in the current world, and even sustaining proper packaging especially with disruptions, it’s been quite the challenge. Plus, managing the materials and packaging has only grown harder than ever. 

The supply Chain issues 

There were already issues with your supply chain before all of this, and with continuous conflicts, it’s something that you definitely will want to look at, and it’s going to only get worse before it gets better. 

Planning this does require an approach to this, and the supply chains will only get worse as more and more unintended incidents and consequences happen as a result of the war, pandemic, and also the ongoing disruptions of the petroleum industry. 

Material shortages 

Most current vendors have certain clients that support them, and when supply chain issues happen, getting it from the vendors is a challenge, and many times, they either don’t have enough, or they have to charge more, and it’s a challenge for plenty of people, in order to serve the clients that are there. 

Many vendors are turning to different vendors as well to help with this, and even inventory is different from what it was even a couple of years back. So how do you calculate all of this, especially with the current climate. 

How to calculate current inventory 

The best thing to do, is to do a little bit of calculating, and math problems to help with this. 

The formula is something that you should keep on hand, in order to keep your business running as you should. 

The formula is as follows: 

The demand daily +the safety Stock x lead time = the packaging minimum materials that are needed, and that inventory level. This formula is something that helps you see just how much you need in order to get ahead, at least for the next 30 days. 

It’s important though, that with the current packaging needs, you also multiply this by 1.5.  for example, taking all of this and say it comes out to 3000 widgets, you want that number to be 4500 instead of an extra buffer. This lets you continue to be in business even if your local suppliers are a little bit slow with those lead times. 

There are other components that you also need to look at too, critical aspects of items that you can’t fully empty your stock of. 

Looking at the critical 

You want to make sure that you know the critical aspects of packaging. That means, if something is ran out, it will shut down everything, and you can’t work. You want to make sure that you have double of these critical components, in the even that there are inventory snags. 

This can cause issues with space at your warehouse, but with all of this, you can get about 2x the time for leads to ensure the abundance of this. 

It’s important to make sure that you do factor in space, which does become an issue, but also think about it, this can make a difference between your business working, and your business having to shut down. 

You also want to add in other waste factors, and also look at continued supply chain and labor issues. You also may find that the goods quality is going down, and you’ll want to factor that into the calculations at hand in order to compensate all of this. 

Keeping ourselves informed of all of this is incredibly important, and with this, you’ll be able to prepare your supplies for any problems that may get in your way as well.