With roots stemming back to the 1950s, the flexible packaging market is a significant product in the procurement industry due to its efficiency, customizability, and sustainability.
Flexible packaging is a type of package or container made of flexible material, which, when filled, can still easily change shape. Though there are many examples of flexible packaging, a few examples include:
Topics: Manufacturing, Strategic Sourcing, Packaging
There would be no such thing as vendor negotiation if prices were set in stone. Yet decisions in government, international relations, speculation, and supply and demand shape market trends and price fluctuations, requiring procurement professionals in the manufacturing industry to develop and implement vital vendor negotiation techniques.
Topics: Manufacturing, Cost Reduction, Vendor Negotiation, Vendor Negotiation Strategy
