Streamline Your Packaging Inventory with Quick-Turn Printing

QUICK-TURN PRINTING HELPS CONTROL INVENTORY COST

Managing inventory effectively is crucial for businesses, particularly in manufacturing, where inventory can represent up to 30% of total assets. Packaging supplies often make up a significant share of this inventory, making their management a key factor in operational success. Proper inventory management has a direct impact on a company’s financial performance.

Achieving the right balance is essential. Excess inventory increases holding costs, while insufficient stock risks shortages and unmet customer demand. Packaging inventory poses an additional challenge: the more space it occupies in your warehouse, the greater its impact on your bottom line.

To control packaging inventory costs, business owners must consider factors such as expected demand, order frequency, lead times, and safety stock to buffer against supply chain uncertainties.

One critical risk of surplus inventory is obsolescence. Changes in product labeling, updated certifications, or revised graphics for specific demographics can render packaging unusable. This highlights the importance of maintaining right-sized inventory levels to avoid tying up capital in overstock that becomes less valuable every day it remains unused. Discarding outdated stock is akin to throwing money away.

Frequent ordering can reduce inventory holding requirements, but some business owners worry this approach may diminish their buying power, leading to higher per-unit costs and increased freight expenses.

Lead times further complicate inventory planning. Variables such as product type (commodity vs. custom), supplier availability (few vs. many), supplier location (domestic vs. international), and the purchasing company’s leverage (market leader vs. small player) can all influence lead times. Longer lead times often prompt businesses to stock higher inventory levels for added security.

LTI helps our customers navigate these challenges by providing quick-turnaround, high-quality products. This enables many of our clients to reduce packaging inventory without sacrificing their ability to meet demand promptly. For example, businesses that previously maintained six months of packaging inventory—incurring high storage costs and tying up cash—now order smaller quantities more frequently. With LTI’s reliable service, they can rest assured that their needs will be met on time, avoiding delays and ensuring smooth operations while eliminating the stress of missed shipping dates.

 


At LTI, we’re not just another printer, we’re your partners – and we have been for more than two decades. Our clients run the gamut of modern commerce – from consumer products to products to food and beverage, from health and beauty to apparel – and everything in between. Let us help you identify the best solution for your label, tags, and insert needs. Contact us today.

 

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