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Packaging continues to be used as a vehicle for companies to market
and differentiate their products. This is accomplished by using
higher-impact graphics, unique container shapes, ergonomically styled
and functional dispensers. However, these practices lead to longer
development lead times, increased packaging costs and more complex
supply chains to manage. This complexity is further exacerbated
by the ever-increasing yearly turnover of packaging, which can be
as high as 40%, in order to “refresh” product lines, as
well as increased competitive pressures.
Our Solution
Our Packaging Procurement Solution merges advanced sourcing practices,
tools and processes with EDS Product Lifecycle Management’s
(PLM) workflow management and data warehousing capabilities. The
integration of these capabilities enable marketing, R&D, and
packaging development to accelerate cost-efficient design decisions
early in the development process for new product introductions.
Moreover, it facilitates cost optimization and design rationalization
for existing packaging. The result: sourcing and process savings,
as well as improved packaging material design and quality.
Key Features
Benefits
Key Features
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Comprehensive Data Warehouse Structure
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Pre-defined and proven specification data warehouse
structure to facilitate data collection and analysis
for the following categories:
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Plastic bottles
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Plastic tubes
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Pressure sensitive labels
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Flexible film
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Pumps
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Caps
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Corrugate
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Display cases
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Folding cartons
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Leading-Edge Decision-Support Tools
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Decision support tools parameterize cost drivers of packaging
(e.g., material, set-ups, ink coverage) based on each company's
unique specifications and requirements
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Market-based (or pre-negotiated) benchmarks developed for
each cost driver
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Proprietary EDS Product Lifecycle Management (PLM) enabling-technology
to facilitate design process
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Customized Implementation and Workflow Management
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Implementation customized to individual company needs, maximizing
the benefits of the solution while accommodating the unique
nature of packaging buying
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Pre-defined workflow management processes and tools tailored
to ensure efficient approval, decision-making and cross-functional
collaboration
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Buyer Benefits
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Lower packaging cost due to a thorough and real-time understanding
of cost of design considerations
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Decreased packaging development cycle time through:
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Streamlined decision making through well documented
and automated work flows
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Increased visibility of currently available designs
retained in a enterprise wide specification data warehouse
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Fewer iterative discussions with suppliers by utilizing
parametric pricing models to acquire real-time cost
feedback
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Sustained benefits through the disciplined negotiations and
application of parametric pricing that models the loss of
savings created through SKU turnover
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Supplier Benefits
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Competitive margins retained as a result of parametric pricing
model
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Reduces supplier support costs required during product development
process
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More strategic focus on mutually beneficial initiatives for
supplier and customers
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More structured interaction and collaboration with buyers
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