Packaging Optimization

BoldtSmith Packaging uses a data-driven approach to reducing packaging costs. We create a financial analysis of your current packaging, capturing key variables such as material, freight and labor costs. This gives us the data to determine what opportunity exists to reduce costs. If your annual packaging spend is $2 million and our optimized packaging designs reduce your costs by 30%, that is $600,000 in cost savings! There is a huge variety of packaging materials and endless packaging designs, is your current packaging the best it could possibly be?

We will find out what your product damage is costing you annually and create an optimized product package design balancing damage costs with packaging costs. To do this, we gather the hard and soft costs associated with your product damage. Hard costs include product, freight and labor costs associated with re-shipping product due to damage. Soft costs include unsatisfied customers that result in loss of sales, poor online reviews, etc. Utilizing your true cost of product damage, we then create multiple packaging designs that will drive down your product shipping damage while balancing packaging material, freight and labor costs.

Maximizing your freight shipping efficiency with optimized packaging designs results in higher margins and increased customer satisfaction. Is your current packaging designed to maximize the number of products per pallet and the number of pallets per truck? An optimized packaging solution uses the pallet size as a fixed variable. Our industry experts review the number of products that fit on a pallet and the number of pallets that fit on a specific truck or ocean container. Your optimized product package design will reduce secondary packaging and tertiary packaging costs.