Peeling the (packaging) onion to reveal layers of savings

摘要

Expectations are rising for Procurement to drive continuous cost reductions in packaging. As a result, the ability to identify and prioritize multiple layers of potential cost-savings opportunity, while at the same time supporting innovation and sustainability goals, is more necessary than ever. How do leading companies tackle this challenge? By peeling back the complex layers of the packaging onion to identify opportunities in a variety of areas. In our experience, best-in-class examples of this approach leverage in-depth cost modeling and understanding of supplier cost structures.