Bag making machines might be your only source of income in the packaging business, but we know more. We know some exquisite techniques that you can apply for the vertical integration of your packaging business. This will not only boost up your sales revenues but also enlarge your company’s name in among the packaging industry and competitors. What are these mind-numbing techniques that can grow your business? Let’s have a look!
So before we start telling you about the techniques that you can apply to grow your business, consider answering the following questions in your heart. Do you buy the packaging raw-material? Do you rely on third-party sources for raw-material? How often do you calibrate your machinery? Do you use quality material? Do you use the bag making machines within the limits?
Now some of these questions might not make a direct sense against growing the business, but in long term they do! We are going to give suitable answers to all of the above questions and will tell you in detail why you should consider them.
If the answer to this question is ‘Yes’, you are doing it pretty wrong. If you want to succeed on the road of the packaging business, you will have to produce your own raw-material. Most of the renowned firms in this business do not rely upon third-party suppliers for raw-material and instead produce their own. This strategy is known to the business graduates as ‘Vertical Integration’ and is deemed as one of the most successful strategies ever implemented in business history.
Moreover, you can take benefit from the strategy of vertical integration in two ways. Either you can let the third-party raw material supplier shift their production chambers to your buildings, or you can be your own supplier. Where the first plan needs to be executed via a proper partnership, the second one only needs an investment.
KFC, one of the greatest food companies, showed the best way of vertical integration to the world. Since their most renowned food item was chicken, they became their own chicken suppliers. This way, they not only eliminated the regular shipment charges of chickens to their stores but also made a further profit by getting chickens at the production rate. Such integration can be put into your packaging business if you decide you start making your own raw-material.
Calibration of machines can also be termed as maintenance of the machines. Since bag making machines have weary parts, frictional parts, and moving mechanical parts; they can get zero-errors. Zero-Errors do not mean the absence of errors. In fact, it means the opposite. When a machine is operated for too long without maintenance, it slightly calibrates away from the desired output efficiency.
When the efficiency of machines is reduced, the cost of production also increases. This is because it gives lesser output for the same input than it can give ideally. Which is why you should consider doing a maintenance re-calibration of your machines every 2-3 months. Though this might seem like an extra expense, it will only profit you in the long-run.
Also, once again, you can apply vertical integration here too. You can hire a mechanic permanently, to keep up with your maintenance routine. This way, you will not have to spend lavishly on third-party mechanics.
Another point that is pretty much relevant to the calibration of machines, is the time of usage. We all know that everything comes with its limits. Humans have their limits for work and require sleep. Robots have their limits of work and require shut-down or reboot. Similarly, all the machines come with specific working hours. Using them more than the rated hours can destroy their engines. Especially when it comes to mechanical parts, like bag making machines, you need to slow down! Those mechanical parts are highly rigid, but they do have their limits. If a machine comes with a rating of 12 hours of consistent usage, you should note that. Using a machine over its rating might further decrease the efficiency of the machine. This can not only give you major losses but can also cost you your machine. Isn’t it better to use the machine for 12 hours instead of 14, than buying a whole new machine every month? It sure is, and it is good for growing your packaging business.
Lastly, one of the most important factors of the packaging business is the raw material that you use. Bag making machines come with every sort of ratings and limits, and it does include viscosity and various technical aspects of the material to be used in them. You need to take a lot of care while choosing the raw-material for your machines because it can harm them in any way.
On the other hand, it can grow your business too! You can grow your packaging business by using top-quality raw-material. It will not only be like a fuel for your machines but will also increase your worth in the eyes of your clients. If you want to know more about raw-material and which materials should be used, please read our article related to this here.
We, the Jiashanghe Bag Making Machinery Suppliers, are a team of around 30 people. We have been working in the packaging industry for more than 5 years and have been helping our clients. Our decision-making team has an experience of more than 10 years in this field. All the information, advice, and blogs that we provide, are coming from our decision-making team.
Besides, if you are looking to start, expand, or modify your bag making machines business, you can contact us. We are available to serve you 24/7 and will try our best to sort all of your problems with great expertise and skill.
Address:Yugu Road 18, Gushan Town, Jiangyin City, Jiangsu Province, China
Cell phone:86-13906173618
Telephone:86-510 86326596
E-mail:jiashanghe@gmail.com