Innovation, Alternative Packaging Technology and Updated Materials Can Help Improve Efficiency and Costs.
Manufacturers must be efficient in all aspects of the supply chain to reduce costs. Rising shipping and material costs, combined with an emphasis on sustainability and consumer preference has created a need for innovation in the packaging industry.
One of the main costs in the supply chain is shipping. In general, it is becoming more expensive to operate a truck. Taking factors such as tires, fuel costs and labor into account the average marginal cost per mile was $1.69 in 2017 compared to $1.45 in 2009. Using the same factors, the average marginal cost per hour in 2017 was $66.65 compared to $58 in 2009. According to the U.S.