CUT YOUR LEAD TIME & SAVE MONEY! with Blanket Order Discounts (BO) A blanket PO, or purchase order, allows you to purchase goods or services at the most economical price level over a set period of time and for a set amount of time. A blanket PO adds certainty to a business. There are many advantages to blanket orders.
INVENTORY -The BO makes it easier for the buyer to calculate proper inventory levels and know when it is time to reorder supplies. The BO enables a buyer to better control costs by instituting cost-saving measures.
COST SAVINGS - With a stable (resin +/- impact?) price for a fixed period of time, the PO serves as a hedge against inflation. The most economical price level offers savings over traditional bracket pricing
CERTAINTY - Businesses like certainty. With a blanket PO, there is certainty for both the supplier and vendor regarding the cost of the goods or services. Both sides have certainty concerning quantity, price, delivery requirements and payment terms.
The PURCHASING PROCESS - This reduces time spent on repetitive orders and allows buyers to concentrate on other tasks. During the process, vendors may offer substitute items that might be better than the original.
Packaging innovation spotlight: stain remover pops up to save the day
Dealing with stains when on the go can be extremely frustrating as there are very few truly convenient and effective solutions available to consumers. However, the Dr Beckmann brand in Austria and Germany has taken on the challenge and launched Fleck Weg! Push & Wipe stain removal wipes packaged in handy individual pods.
Market report - Consumer insights
GOING NATURAL Natural products are becoming more popular, and this trend is set to continue. For the third year running, sulfates is the number one ingredient women will avoid when purchasing beauty products. Women again felt the strongest about their skin care purchases being green, as compared to other beauty product categories.
Packaging trends to watch for 2018
2018 is right around the corner, and as the leaves begin to change color, retail brands and consumer goods manufacturers, Packaging Designers and Engineers are gearing up for what changes are to come, and what changes they can bring in their respective packaging worlds in the coming year.
- Jeanine Vecchio
- Company News
- Created 19 MAR 2018
- Modified 19 MAR 2018
- Hits 238