Lessons learned from Co-packaging

6/29/22 2:44 PM

Portrait of manual worker and manager scanning package in the warehouseWhat can you learn from the Co-Packaging Industry? Co-Packaging is a process that transforms bulk cargo into retail-shelf-ready products. The industry has grown and not been hampered by the pandemic. Here are four trends that have contributed to Co-Packaging success that you may be able to deploy in your manufacturing environment:

  • Flex Capacity - COVID lockdowns in China have contributed to an unstable supply chain. The Co-Packaging industry is addressing the unpredictability of shipping by designing plans that embrace change to ensure products get to clients on time.
  • Efficiency - Businesses in the Co-Packaging Industry know it's more expensive to manufacture products internally than to outsource to other countries overseas. But they have begun to allow their packagers to share equipment. This has reduced the expense of packaged items.
  • Innovation - Partners who add value are incredibly sought after. Sharing ideas contributes directly to reducing expenses, and improving close rates. By fostering a transparent business model that embraces change, every company -- not just a Co-Packaging business -- can ensure success. 
  • Speed to market - The time concept to production has dropped from months to weeks. Hiring the right staff helps you ensure continued quality. Co-Packaging businesses partnered with other professional co-packers are getting their products on the shelf much faster. 

Learning from these four lessons exemplified by the Co-Packaging Industry can potentially empower your manufacturing company to succeed and overcome challenges with the supply chain. PlanetTogether Advanced Planning Software is helping manufacturers all over the world embrace these lessons. PlanetTogether APS software presents the flexibility of planning for the unplanned and greater efficiency with existing machinery that leads to innovation and a faster speed to market. 

Advanced Planning and Scheduling (APS) System

An APS system is a planning and scheduling system by which raw materials and production capacity are optimally allocated to meet demand. It allows for simultaneous planning and scheduling of your production based on available material, labor, machines, constraints, capacity, and other sequence-dependent setups. The result is a feasible plan that is optimized for your KPIs of interest that is created in a matter of seconds. 

Advanced Planning and Scheduling software have become a must for modern-day manufacturing operations as customer demand for increased product assortment, fast delivery, and downward cost pressures become prevalent. These systems help planners save time while providing greater agility in updating ever-changing priorities, production schedules, and inventory plans. APS Systems can be quickly integrated with an ERP/MRP software to fill the gaps where these systems lack planning and scheduling flexibility, accuracy, and efficiency.

With APS you can:

  • Create optimized schedules that balance production efficiency and delivery performance
  • Maximize throughput on bottleneck resources to increase revenue
  • Synchronize supply with demand to reduce inventories
  • Provide company-wide visibility to resource capacity
  • Enable scenario data-driven decision making

The implementation of Advanced Planning and Scheduling (APS) Software will take your manufacturing operations to the next level of production efficiency by taking advantage of the operational data you already possess in your ERP system. APS is a step in the right direction of efficiency and lean manufacturing production enhancement. Try out a free trial or demo!

 

 

Topics: Industry Trends, manufacturing trends, copackaging

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