Saving money by reducing material spend for a global technology company
Industry
Manufacturing & assembly line
Solution
Shipping & packaging optimization
The problem
A global technology and engineering company was in need of a solution to optimize the shipping and packaging of gauges which are a critical component to the performance of oil rigs. BoldtSmith provided an engineer to lead this project through the following objectives:
Minimize packaging materials to limit waste on oil rigs
Improve packaging performance while reducing material costs
Our approach
BoldtSmith’s lead engineer worked with the team to ideate potential solutions to the client’s challenge, including 3D renders.
From the possibilities presented, the selected concepts were designed and tested to ensure waste was as minimal as possible, but still maintaining the integrity of the packaging.
A full analysis of the solution and improvements provided showed significant annual savings and opportunity for increased profit.
Outcome
BoldtSmith’s optimized shipping and packaging solution allowed the client to consolidate various SKU packaging and material cost savings.