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Dear Valued Reader,
 
Packaging Material Spend, PMS, as is widely called, accounts for 70% of the net Supply Chain Spend. Isn’t a mammoth? Of course, it is. The situation becomes grave when your monthly appraisals are linked to the Cost Reduction initiatives taken by you.
 
What will you do?
 
  • Replace the vendors?
  • Scale down the quality of the Packaging Materials to the minimum possible, in turn, playing with the shelf life?
  • Do TRIZ projects?

Dear Valued Reader,

 

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