Quality Inspection Services Can Save You Money in Packaging and Retail
In today’s competitive retail environment, cutting costs in packaging and retail can be the difference between success and failure.
But to really make an impact on costs, you need to go beyond traditional methods of cost reduction, such as choosing less expensive packaging materials or eliminating excess layers of packaging by shipping directly from the manufacturer.
The 6 surprising ways to cut costs in packaging and retail that are outlined below will help you think outside the box and develop new strategies to save your business money without hurting your brand image or jeopardizing customer satisfaction.
Improve Customer Satisfaction
Nothing is more important to your bottom line than satisfied customers. Quality inspection services help you ensure that your product is not only packaged well, but also built to last.
This lets you build strong relationships with customers by delivering a quality product.
A robust audit like ISO 9001 audit ensures that customers can enjoy their purchase for years to come. By utilizing quality inspection services, you can keep costs down without sacrificing quality.
Utilize technology
Though it’s not always possible, using technology like QuickBooks (software designed to make bookkeeping easier) can help you monitor your finances.
If time is scarce, there are businesses that can perform quality control services for you, checking your inventory levels and product quality to ensure sales aren’t lost due to mistakes.
Reducing labor costs
Automation can also reduce labor costs, which are typically around 35% of a company’s operating expenses. With labor accounting for such a huge chunk of expenses, it pays to find ways to lower it.
The trick is finding low-cost automation solutions that won’t impact your overall quality and standards.
Luckily, there are some options available for quality inspection services to help you do just that.
Lower costs with contract production
Contract manufacturers can provide several benefits to manufacturers, including savings on packaging costs.
Since they make products for many different companies—and can share resources between clients—contract manufacturers often have lower costs of operation than similar plants run by a single client.
Contract production facilities typically handle much of their own quality control services, allowing them to reduce labor costs and pass savings along to their clients.
Work with suppliers who specialize in product development
It’s hard to know where to find quality suppliers, but you can start by looking for those who specialize in product development.
These companies will know exactly what you need from them when it comes to quality control.
From raw materials testing to finished goods testing, you can expect high-quality packaging material from any supplier that specializes in product development.
Avoid costly mishaps
It’s common knowledge that quality inspection services are essential when it comes to packaging.
It only takes one product to suffer an unintended fate, like falling off a shelf or being damaged during shipping, for customers to lose faith in your brand.
With quality inspection services, you can rest assured your products are safe and well-packaged.
But did you know that retail customers are more likely to buy from a brand that provides its own product packaging?
Final thought
In retail stores, customers will often return items because they are damaged or defective. This process usually incurs a monetary loss for businesses, as well as an opportunity cost, since product damage means that products won’t be sold at full price.
However, some businesses are finding ways to cut costs related to product damage by turning to packaging inspectors.
These experts identify product defects before boxes reach retail stores so that goods can be replaced or reprinted rather than wasted.
