How to save money when buying packaging
If you’re responsible for purchasing packaging supplies (boxes, bags, mailers, tape, etc.), you care about getting the best value for your money.
Scoring a fair price is essential. So is keeping an eye on your buying practices and the vendor partners you rely on.
Here are three best practices to incorporate into your purchasing processes to get a better return on your packaging material investments.
Test packaging designs
When you’re in the market for new packaging—or need to revisit an existing design—how it performs will be at the top of your wish list. That’s because, without optimal performance, you can pay the price in downtime, delays and product damage and your brand’s reputation can be hurt as well.
Testing packaging to make sure it holds up under pressure is critical. Choose a packaging partner with a testing facility and the right consultative approach that helps you work through the various aspects to ensure the new or redesigned packaging meets all your needs.
Streamline vendor partnerships
Managing multiple vendors can cause administrative burdens and subtle price hikes that can be hard to track. What at first seemed like a smart choice—having many suppliers to choose from—ends up causing more harm than good.
Working with fewer vendors streamlines processes and lowers procurement costs. The benefits to you are quickly realized: you’ll have fewer invoices to pay and fewer deliveries and supply runs, and you can say goodbye to those vendor-related headaches, too.
When you can, buy less expensive material
Sometimes when you need to cut packaging costs, it’s tempting to search for the cheapest supplies you can find. Before you place that order, share your need with a trusted packaging partner. A vendor like Veritiv can tap into a global pool of suppliers to help you find the most cost-effective option that doesn’t sacrifice quality.