Managing multiple providers across business units continues to take up too much time in contract management, bid-and-buy events, purchase orders, and reconciliation.
Rogue sourcing of components has also added more costs to products, impacting P&L in a negative way.
Performing job-by-job bidding over multiple providers has proven inefficient and lacks economies of scale. Also, relying on RFPs to compare capabilities and pricing often creates inconsistencies and higher costs.
Additionally, providers are on multi-year contracts, which locks in pricing that doesn’t reflect current market conditions.
What needs to change
Seek bundled expertise to reduce risk. This will help to consolidate and handle a broader variety of requirements, i.e., packaging, labels, inserts, and other commercial print.
A packaging provider who has a track record supporting multiple substrates, materials, verticals, business units, and brands can yield a number of additional benefits:
- Centralized business unit sourcing to understand gap
- Increased process oversight — from forecast planning to order delivery
- Improved transit time and cost
- Increased level of vendor accountability due to a greater stake in performance
Why RRD Packaging Solutions?
With a network of packaging facilities and a proprietary online system for order management, RRD Packaging Solutions makes it easier for brands to scale, forecast demand, and consolidate in one fell swoop.
Our approach to lowering the total cost of ownership — as well as optimize production and logistics — across one or multiple product categories is proven and second to none.
help me streamline