This blog is a three-part series that identifies how BoldtSmith Packaging can improve your gross margin by reducing product damage! Our goal is to manage the process of having reactive packaging problems to proactive packaging solutions.
Step 1: Identify your current product damage costs
Step 2: Create and test new packaging designs
Step 3: Benchmark the proposed designs against the current design
Now that you have discovered where, why and how much your product damage is, now it is time to redesign and test the proposed packaging designs. The goal of this step is to find the “sweet spot” of product damage and packaging costs. The sweet spot can be defined as the best median between not spending too much on packaging costs but also not allowing too much product damage.
We will design multiple packaging solutions and then test them to determine the best fit for your needs. The testing will give us an idea how much product damage you should anticipate per year. Step three of this blog will be running these proposed designs through a financial analysis to determine how much money we will save you by reducing your product damage!