Reduce your overheads with Right Size packaging!
If you are looking to reduce your overheads, one often overlooked aspect of cost reduction is the choice of packaging, according to a study by the Guardian, oversized packaging leads to five million unnecessary delivery journeys every year. By adopting the principle of Right Size packaging, businesses can achieve significant savings in multiple areas.
For any business involved in transporting, handling, or storing products, adopting packaging solutions that perfectly fit your products can lead to a multitude of advantages.
Right Size packaging means fewer material costs, which then means fewer production costs and handling fees. It also results in a reduction of transport costs as more packages can fit on a pallet, or cheaper parcel brackets if you’re sending individual products. And finally, you can store more products for less, which also increases your buffer stock, building a more resilient supply chain.
How have we got to this point with excess packaging? Businesses often buy large volumes of stock packaging to reduce unit costs. This means they have just a few packaging options for all their products. This results in products being shipped in the nearest fitting packaging, regardless of their size. This practice is expensive and wasteful.
The benefits of Right Size
- Cost-Effective Shipping
The primary and most immediate benefit of Right Size packaging is cost effective shipping. When the packaging matches the exact dimensions and weight of the products, businesses eliminate the expense of excess materials. This translates into significant savings on shipping costs.
- Enhanced Storage Efficiency
Every square inch of storage space matters, especially in growing businesses. With Right Size solutions, businesses can maximise their warehouse space by using packaging that fits their products precisely. This optimisation means fewer trips to replenish stock, reducing labour costs and enhancing storage space utilisation.
- Efficient Transportation
Efficiency in transportation is a key driver of cost savings. Right Size packaging increases the density of products within each shipment, making the most of the available space in trucks, containers, and cargo holds. This means fewer trips and less fuel consumption.
- Minimised Damage and Returns
Oversized packaging often leads to products shifting and getting damaged during transit. By using Right Size packaging, products remain secure, and the risk of damage is greatly reduced. This not only cuts the cost associated with damaged goods but also lowers the number of product returns, saving money on shipping and restocking.
- Streamlined Handling
Efficient handling of packages is a critical aspect of logistics. Right Size packaging simplifies the loading and unloading process, eliminating the need for excessive handling. This not only saves time and labour during each shipment but also optimises workflow, resulting in reduced labour expenses and increased productivity.
How Ribble can help?
Adopting Ribble Right Size solutions can have a transformative impact on shipping and logistics, it’s the most effective and efficient packaging for your product.
Whether you are a manufacturer of one product or a retailer of many, it significantly reduces your overheads and shipping costs, optimises storage and transportation efficiency, and minimises damage and returns.
Ribble’s Right Size solutions combine industry leading Fanfold material and state of the art technology to create the perfect size box for all your products.
By prioritising Right Size packaging in your logistics operations, your business can unlock a host of benefits that ultimately contribute to long-term success and cost savings in a highly competitive environment.