With our machinery and automation solutions, supply chain and packaging knowledge, and inventory management solutions, Korpack is your one-stop packaging management partner and more. We are experts in packaging materials and supplies, with a fully staffed engineering team ready to assist you. Our team can perform a detailed analysis of your operations and give insightful and innovative solutions to help every part of your business including cost reductions.
We can help you reduce your overhead, minimize expenditures, and realize the efficiency you long to achieve with our expertise. From packaging solutions to wise counsel on every facet of your operation, Korpack has what you need to succeed. Korpack is not only a trusted partner but an extension of your business – we want to help you scale and succeed.
Material Optimization
Korpack firmly believes that by optimizing your materials in different ways, you can help your business run smoother and save costs. Being an expert in the field, Korpack has many ways to help you manage your materials to yield the best results with less of a cost.
- Material Reduction
- We often find that we can reduce materials in certain circumstances that lead to overall cost reduction. This does not mean reducing the materials you use, but reducing the specs of the materials. You may not need as robust specs for your products as you think. Some common material reductions are:
- Board grade for corrugate
- Reduction of mil thickness for polybags or films
- We often find that we can reduce materials in certain circumstances that lead to overall cost reduction. This does not mean reducing the materials you use, but reducing the specs of the materials. You may not need as robust specs for your products as you think. Some common material reductions are:
- SKU Consolidation
- In some cases, having a large SKU count per price class makes sense, and in others it does not. We find that you can often consolidate the number of SKUs in a price class reducing the amount of product you need to order. You can streamline your operations and efficiency by minimizing your inventory and ordering.
- A great example of this is corrugated. We have seen many companies order multiple boxes in similar sizes and the same board grade. We recommend and help you consolidate the box order to fewer sizes that can still accommodate your products.
- In some cases, having a large SKU count per price class makes sense, and in others it does not. We find that you can often consolidate the number of SKUs in a price class reducing the amount of product you need to order. You can streamline your operations and efficiency by minimizing your inventory and ordering.
Freight Consolidation
More than likely, your company is receiving multiple recurring shipments of different packaging materials and products needed for your operations. The shipments come in at different times incurring multiple freight charges and other hidden fees. Korpack can consolidate all these shipments into one single shipment for your warehouse. You’ll save by reducing freight costs, and you’ll save by simplifying and streamlining your internal operations.
Vendor Managed Inventory (VMI)
Being technologically driven, Korpack offers a vendor managed inventory system with an impressive replenishment system based on analytics. We can track trends in your usage that allow us to carry just the right amount of inventory at a given time and get your products to you when you need them. Korpack monitors your inventory making sure you never have too much or too little, leading to cost reductions from surplus inventory or expediting fees.
- Replenishment System
- Korpack uses a dynamic replenishment system to internally track the usage of your products. With the use of data pulled from our ERP, each week our replenishment recalculates to show us strategic reorder points based on your company’s usage. This ensures that we always have inventory when you need it and are able to deliver it just-in-time for your operations.
- Warehousing
- Korpack has 145,000 sq ft of warehousing space to store your products. We will store your inventory for no charge for up to 90 days, leaving you more space on your floor for production and operations. We keep a regular stock of what you need, and it’s always ready to go. Since we can warehouse what you need and ship it anywhere in North America daily, weekly, or monthly, you can run your supply chain and warehouse more like a just-in-time operation. You’ll stay efficient while we remove the worry of whether you’ll have what you need when the situation requires more flexibility.
Automation and Machine Savings
As experts in automating your operations, we offer an assortment of packaging machinery to run your production and packaging lines run faster and more accurately. While automation machinery can be costly upfront, you will quickly see an ROI and future cost savings on your investment.
- Accuracy and efficiency
- Manual labor can lead to quality and accuracy errors that increase your overall operating costs. Automation offers a guarantee of consistency and accuracy, resulting in fewer mistakes and less time allocated to fix those mistakes.
- Labor Costs
- Often packaging machinery can be run by one operator which help contribute to lower labor costs. You will be able to put your team to better use in other high demand positions and areas, rather than the warehouse floor.
- Increased Productivity
- Automation can increase productivity, getting more product out the door, and more cash flow to your bottom line. Machines don’t get sick and rarely are down, keeping your production lines running reliably.
Korpack: Your Packaging Management Service and More
If you’re ready to see how Korpack can assist you in helping your business become more efficient while reducing costs, reach out to us to get more information.
We’re extremely experienced in every facet of packaging and supply chain management, and we have proven solutions for the challenges real people face daily in logistics.
