Packaging SKU rationalization can drive cost savings opportunities in a few different ways. It may allow a brand to consolidate its packaging material suppliers and purchase fewer structures and sizes. It may provide an opportunity to reduce the amount of packaging material inventory it needs to keep on hand. Reducing the number of packaging SKUs helps a brand to better utilize its warehouse space. It also enables a brand to optimize asset utilization across manufacturing and packaging facilities.
Day: April 24, 2021
Beiersdorf sets new standards: the packaging of the NIVEA Naturally Good face care range will be switched from fossil-based virgin plastic to renewable plastic around the world. The certified renewable polypropylene (PP) of SABIC’s TRUCIRCLETM portfolio is derived from a ‘second generation’ feedstock, a by-product of the forestry-industry.
More recycling of plastic waste which otherwise would be incinerated Favorable regulatory environment decisive for implementation April 21, 2021 – BASF, Quantafuel and REMONDIS have signed a Memorandum of Understanding (MoU) to jointly evaluate a cooperation in chemical recycling including a joint investment into a pyrolysis plant for plastic waste. It is intended that REMONDIS, one …