When thinking about buying packaging machinery and materials, especially large purchases, it’s all too easy to focus solely on price. Purchasing professionals are tasked with obtaining the lowest possible price on the consumables and equipment your business needs to run your packaging line.
While it can be tempting to focus on price alone, there are several reasons why it’s not just a bad idea, but a mindset that can actually cost you more in the long run.
Apart from the price, there are 3 very important factors to consider when making a purchase: delivery, quality and service. All of these factors should be considered when making a packaging purchase for the company you work for.
As a buyer, you are probably asked to spend as little as possible on the products you purchase for your business. Focusing on price when buying for your business is a good practice, but focusing solely on price can end up costing you money in the long run.
In this article, we’ll discuss four elements that are actually more important areas of focus than price when it comes to saving your company money during the buying process.
These days, everyone has access to the Internet and most of us do research on the products and services we want to buy. We have an idea of what we are getting for the price listed on the website.
Before you make your next purchase, you’ll want to take the time to consider 4 key things. Industrial packaging has been in this industry for a long time and we know the ins and outs of purchasing wholesale packaging materials and machinery.
Through this article, you will gain a better understanding of the important considerations that must be taken into account in every packaging material and machinery purchasing decision.
The 4 most important things to consider when buying packaging machinery and materials
When thinking about buying packaging machinery and materials, especially large purchases, it’s all too easy to focus solely on price. As a purchasing professional, you are likely tasked with obtaining the lowest possible price on the consumables and equipment your business needs to run your packaging line.
If you really want to make an informed and quality decision about the purchase of packaging materials and machinery, you will need to consider several factors.
When working with the delivery element, you’ll want to ask yourself a few questions about your current provider and consider making changes depending on the answers to those questions.
Does the company you are buying from use reliable carriers? But why?
Do you offer express or overnight shipping if you need it? This is an important thing to consider and you should choose a provider that offers these services.
Quality of customer service
We all assume that we will get what we expected when we made the purchase. But when that doesn’t happen, is customer service up to the task to help you handle unwanted issues?
There are a few questions to consider when judging the quality of customer service from your chosen providers. Poor customer service can end up costing you time and money. Some of the questions you will want to ask include:
Does the order conform to the specifications of the order you requested? If not, what actions will the selected vendor implement to correct the situation?
Does the provider provide accurate and timely billing? But why? Inaccurate paper records and billing time constraints can create significant and costly headaches.
Do your packages always arrive on time? If you place your order and it does not arrive on time, you may be forced to turn off your equipment. Your customer will end up upset because they will miss the expected delivery date you gave them for their purchase.
Are your orders properly and securely packaged from shipping? An example of this would be rolls of shrink film or stretch film. Some rolls are so heavy that they need to be tied and packed in a certain way to prevent injuries and bumps during transportation.
Taking the time to ask the important questions about your chosen vendors’ ability to meet and exceed expectations around these items is a good practice to implement. Take note of their answers and make sure you turn them into actions that result in the purchase of the right materials and machinery, regardless of price.
Service is an extremely important consideration when purchasing packaging materials and machinery. Bad service can lead to long periods of unexpected downtime and huge financial losses. When it comes to service, you will want to ask yourself the following questions.
Is the supplier communicating to you in a timely manner? If no, then you will need to ask them to improve, or you should consider moving to a new vendor.
Do they respond to your problems & emergencies? A fast response to issues like these means a lower cost. Does your current vendor provide a fast and quality response to these issues?
Will the salesman pay attention to your account? If your sales rep is not consistently helping to improve every aspect of your account, you will want to consider finding one who will.
How long does it take to receive a request for a quote? As you know, time is money. Your sales rep should be able to procure a price for your requested order ASAP. That being said, it should be noted that for very large orders, this may take some time.
Be sure to consider the skills and professionalism of the support people you are dealing with. We look for companies that have expertise in the product or service we’re interested in.
We look for companies that match OUR brand promise of: making it easy to do business with, highly responsive and no surprises. When you are looking to purchase packaging materials and machinery, it would be well advised that you choose a vendor who embodies these ideals
Yes, price is a factor but not the only factor as I’ve explained above. When dealing with price, you should ask yourself:
Is the supplier’s price competitive? Be sure they are reasonably priced and in line with other vendors you have researched.
Does the supplier offer you favorable payment terms? Standard terms are net 30 but why not ask for something better? It doesn’t hurt to ask.
Are they committed to cost reduction? Ask your vendor if they can come down on price if you order a larger quantity or if there are any special rebates or incentives currently available. They should be looking for ways to save you money. An example would be down gauging your shrink wrap to get a better yield from your film.
Does the supplier make you aware of cost increases or decreases in plenty of time so you can make your customers aware of the change? No one likes to be surprised when doing business with someone. We make sure to keep OUR customers informed of any changes that affect them.
A bad purchase or sub-par supplier could end up costing you more than you ever expected. If your order doesn’t deliver on time or your supplier messes up on the specifications of your request, it could cost you the ultimate price, your customer.
Are you willing to pay that price? Do your research, ask for customer references, look at online ratings. These activities can help you understand your supplier better. Know who you’re buying from.
MP Presale: Early Access and The Mirror Launch Sequence
The Mirror Protocol (MP) has gained significant attention in the decentralized finance (DeFi) space, generating anticipation for its presale. However, unlike traditional presales that offer discounted token prices, MP adopts a unique approach. This article explores the rationale behind MP’s decision not to have discounted token prices during the presale and the various factors influencing this strategy.
Premium Company Image.
The decision not to offer discounted token prices during the presale aligns with MP’s positioning as a premium company. By maintaining the token price at a consistent level, MP emphasizes the value and quality of its ecosystem. This approach ensures that early participants perceive MP as a reliable and high-caliber project, building trust and attracting long-term supporters rather than short-term speculators.
Avoiding Massive Sell-Offs.
Discounted token prices during presales often attract participants solely interested in taking advantage of the discounted rates and selling off their tokens immediately after listing. This can result in significant price volatility and undermine the stability of the project. MP aims to discourage such early sell-offs and create a sustainable market environment by setting a fair token price during the presale.
MP Launch Sequence.
To manage the presale process effectively, MP implements a launch sequence that includes specific measures:
a) Sell Limit for the First 48 Hours.
During the initial 48 hours of the presale, MP implements a sell limit to regulate the volume of tokens that can be sold. This measure helps prevent any potential market manipulation or excessive token dumping, promoting a more controlled and stable market environment.
b) Presale Dashboard.
MP provides a dedicated presale dashboard where participants can track the progress and status of the presale in real-time. The dashboard offers transparency and enhances the user experience, enabling participants to make informed decisions and monitor the presale’s progression.
The Mirror Protocol’s decision not to offer discounted token prices during the presale reflects its commitment to maintaining a premium company image, avoiding malicious sell-offs, and serving its marketing objectives. By setting a fair token price, The Mirror Protocol attracts long-term supporters who believe in the project’s value and are invested in its success. The implementation of measures such as a sell limit during the initial phase and the provision of a presale dashboard enhances transparency and ensures a controlled presale process. Through this strategic approach, The Mirror Protocol sets the stage for a sustainable and thriving ecosystem in the decentralized finance space.
The Town of Kingstown in ‘Mayor of Kingstown’ Is Home to Seven Prisons — Is It a Real Place?
Imagine growing up in a place that is home to seven prisons. You can now picture ‘Mayor of Kingstown,’ but is Kingstown, Michigan real?
L.M. Montgomery, the author of Anne of Green Gables, once said in The Blue Castle, “That’s all the freedom we can hope for — the freedom to choose our prison.” In Kingstown, Mich. where Mayor of Kingstown takes place, you certainly have options in that regard.
In the show, there are seven prisons in the town, a town that needs them to survive. Is Kingstown, Mich. real or is it just another Hollywood fabrication?
Is Kingstown, Mich. real?
While Kingstown, Mich. is a fictional city, it’s actually based on a real town in Ontario, Canada. Taylor Sheridan, who is best known for Yellowstone, is focusing on something different with Mayor of Kingstown. While Yellowstone allows the viewers to drink in the gorgeous Montana mountains, Mayor of Kingstown does the opposite. In Kingstown, the sky is not limitless, but the prison sentences are.
Terry created the show with Hugh Dillon, who grew up in Kingston, Ontario. Kingston is called the prison capital of Canada, and it has certainly earned that title. There are nine prisons in the area, seven of which are located within the city’s municipal boundaries. In September 2013, its most famous prison shuttered its doors forever.
Kingston Penitentiary opened in 1835 and was even once on the receiving end of a touring Charles Dickens. This prison, much like the prisons in Mayor of Kingstown, is most known for the role its inmates played in building the city itself.
It was their job to toil in the nearby limestone quarry, breaking apart rocks that would eventually become buildings. Within its walls, men learned admirable trades such as furniture making.
Before we wax poetic about the prison, it was also an unkind place. In 1847, prisoners were subjected to a slew of cruel punishments, like The Box. The Box looked like a coffin, except it stood upright, as did the prisoner inside of it anywhere from six to nine hours.
The men were also beaten using cat-o’-nine-tails. Having this many prisons in one place really does something to a city, and you see that in Mayor of Kingstown.
Where is ‘Mayor of Kingstown’ filmed?
Believe it or not, Mayor of Kingstown is filmed all over Canada, and of course one of the locations is Kingston. They also shot in Brantford, and if you only learn one thing about this town, let it be that Alexander Graham Bell actually invented the telephone there, not in Boston. In a 1906 speech, he said, “the telephone problem was solved, and it was solved at my father’s home,” which was in Brantford.
You obviously cannot film in Canada without spending at least a little time in Toronto. Hamilton, Ontario was also a setting for the show. It’s most likely due to the fact that the local economy thrives under steel and heavy manufacturing industries, a perfect backdrop for the fictional working-class town of Kingstown, Mich.
The series is also a testament to the versatility of Canada and the ways in which it can lend itself to a project that doesn’t even take place there.
What does ONG mean on TikTok? The story behind the viral trend
Another week, another TikTok phrase…
Since its conception in 2016, TikTok has not only become a go-to destination for creative short-form video content, it’s also become a sort of cultural zeitgeist.
Beyond offering a platform for users to share their life hacks, parenting techniques, funny impressions and more, the social site spews out new phrases and trends like there’s no tomorrow.
From “cheugy” and “the CEO of”, to the recent “Adult Swim” challenge – there’s a plethora of language constantly being added to our everyday vocabulary.
The latest addition? ONG.
Here’s exactly what it means and how it’s being used on TikTok.
So, what does “ONG” stand for and what does it mean?
Nope, people aren’t accidentally misspelling “OMG” (Oh my God). “ONG” actually stands for “On God”.
Essentially, it just means you strongly agree with a statement or sentiment – sort of like “I swear to God”. For example, “Sour Patch Kids are the best sweets ONG.”
It’s usually added at the end of a sentence.
Where did the TikTok phrase come from?
A viral clip of 22-year-old social media star Tana Mongeau talking about YouTuber Bryce Hall recently became a meme.
In the video, Tana was discussing the upcoming Youtube vs TikTok boxing match when she was asked whose side she was on.
She replied saying she thought Bryce would win, commenting: “We team Bryce out here. Even the paparazzi’s team Bryce, on God.”
Business5 months ago
Understanding the Steps of a “Know Your Customer” Process
Companies6 months ago
Shares in HP Inc. (HPQ) Slump After Announcing Recent News
Technology6 months ago
How to delete all contacts on iphone?
Technology6 months ago
Market Report: Wall Street Is Betting Big On AT&T Inc. (T)
Technology6 months ago
Generalizing Rao’s Contributions to Information Geometry in Future Quantum Computing Contexts: A (Very) Preliminary Analysis for Technology Experts.
News6 months ago
Psychonaut Ape Division NFTs to Launch March 1st
News6 months ago
ACE HAIR EXTENSIONS & COMPANY Now Accepts Their Favorites Shiba Inu Coin, Dogecoin, Ethereum, and many more because of Coinbase!!!
Companies6 months ago
Stocks Breaking Down: Shares Of Apple Inc. (AAPL) Trade Down, Here’s Why