Working with paper entails interacting with paper converting equipment. From running a newspaper to forming corrugated cardboard shipping containers, you need paper unwound, slit, rewound, sheeted, die-cut, folded, glued, laminated or printed. Depending on your particular corner of the industrial world you may have highly intricate paper conversion needs, consuming a substantial portion of your overall production budget.
Packaging your company’s product also needs careful consideration. Packaging stands at the intersection of product and promotion. Each package is a point-of-sale ad for your product as well as a product itself, requiring raw materials and a multistage process to reach its final version for use. So, like any other production process you manage for your company, you must mull over where to spend your budget most economically. Consider:
1. Contracting out to a paper converting industry service;
2. Buying your own paper converting machine;
3. Keeping your current machines fresh with new supplies for converting.
Engage a converting supply service for paper conversion needsWork with a contract manufacturer to fulfill your paper goods or packaging requirements if you don't have the time, warehouse space or expertise yourself. Concentrate your efforts on research and design of product and packaging, and leave the execution of your ideas to the experts.
Purchase your own converting machinesRun the numbers and you may find it's more cost-effective to bring your paper conversion in-house. If you operate a lot of custom-made or special order products, box up products with non-standard dimensions or make frequent changes to packaging this may be a more feasible option for your operation.
Modernize your machines with updated converting suppliesKeep your paper converting equipment sharp with honed die cutters and blades. Maintain and even upgrade these complex machines with new hardware.
- Look before you leap when considering the purchase of converting equipment. Before committing to the expense of new machinery, purchase used equipment to learn the ropes. Use the money saved to train personnel and experiment with physical layout and process time. Even if you change your mind and decide not to keep the paper conversion process in-house, you'll lose far less money in depreciation with used paper converting equipment than if you tried reselling new.