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Building Packaging Systems: From New Supplier Qualification to Equipment Procurement
The Opportunity
Our client was confronted with critical challenges in their packaging operations, including a gap in their internal resources, limited systems for packaging management, an unclear understanding of the global supply base, and the challenge to procure materials and new packaging equipment. These gaps created inefficiencies and risks that hindered their ability to innovate and scale effectively.
The Solution
To address these challenges, we conducted a thorough evaluation of their supply chain and identified qualified strategic suppliers in Europe and China for packaging materials, creating a diverse and robust supply network. Furthermore, we developed a cross-functional decision-making framework, enabling the client to streamline the procurement process for new packaging equipment and ensure alignment across teams.
The Impact
As a result of these efforts, the client now has a resilient business contingency plan and a strengthened supply chain. They successfully procured advanced packaging equipment, empowering them to overcome previous limitations and position themselves for sustainable growth and innovation in the packaging sector.
Picture credit: Veecteezy