How returnable packaging implementation will help the supplier to increase proficiency of their supply chain, the returnable packaging will boost the speed of their supplies or not.
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Keeping a generalised view, returnable packaging is oriented with multiple approaches towards optimizing the supply chain under the following headers –
Cost Benefit – The returnable solution converts multiple investments on regular packaging and wooden pallets into a one-time investment, where the solution can have a life cycle from 2-4 years. Along with this cost saving, the returnable packaging, also reduces scrap dumping and the empty packaging keeps moving back in a cycle from OEM to the supplier. The same set of packaging, keeping a buffer, can also be utilized for movement from multiple suppliers to multiple destinations. Hence in the same cost, multiple transits can be timed and managed.
2. Speedy Operations – Since, the returnable packaging solutions are more flexible towards handling, it speeden ups the operations. It removes time wastage on opening covered nailed wooden boxes, as these can be hinged and opened up directly. The solutions can also have wheels and hence can be directly dragged as trolleys to operation areas reducing the waiting time for movement through forklifts. These are hence easy to load/unload.
3. Green SCM – Since, it eradicates the usage of wooden packaging, it reduces the scrap dumping and space wastage. The carbon footprint is reduced to an effective level, making the supply chain greener. The returnable packaging can also be made stackable which there by reduces space utilisation by empty bins.
Keeping a generalised view, returnable packaging is oriented with multiple approaches towards optimizing the supply chain under the following headers –
Cost Benefit – The returnable solution converts multiple investments on regular packaging and wooden pallets into a one-time investment, where the solution can have a life cycle from 2-4 years. Along with this cost saving, the returnable packaging, also reduces scrap dumping and the empty packaging keeps moving back in a cycle from OEM to the supplier. The same set of packaging, keeping a buffer, can also be utilized for movement from multiple suppliers to multiple destinations. Hence in the same cost, multiple transits can be timed and managed.
2. Speedy Operations – Since, the returnable packaging solutions are more flexible towards handling, it speeden ups the operations. It removes time wastage on opening covered nailed wooden boxes, as these can be hinged and opened up directly. The solutions can also have wheels and hence can be directly dragged as trolleys to operation areas reducing the waiting time for movement through forklifts. These are hence easy to load/unload.
3. Green SCM – Since, it eradicates the usage of wooden packaging, it reduces the scrap dumping and space wastage. The carbon footprint is reduced to an effective level, making the supply chain greener. The returnable packaging can also be made stackable which there by reduces space utilisation by empty bins.