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Packaging Materials Sourcing Optimization and Automation

Open up new opportunities for savings and performance in this persistently complex category.

Across primary, secondary, and tertiary packaging, procurement means lots of options to consider: suppliers, innovations, pricing nuances, eco-friendliness, and more.

Keelvar is ideally suited to help packaging materials buyers arrive at optimal supplier award decisions more efficiently.

Keelvar's Strategic Sourcing Solution for Packaging

The sourcing of packaging materials represents a crucial, high-stakes category for many manufacturers ranging from food to pharmaceuticals. Subcategories like bottles, vials, labels, folding cartons, corrugate, flex films, and pallets are commonly sourced examples. Procurement decisions must consider many price and non-price factors – and corporate initiatives in sustainability and CSR commitments drive even more challenges and competition.

Keelvar’s sourcing optimization and automation solutions are designed for ease-of-use to help buyers get more value while streamlining the process.

Packaging Sourcing Optimization & Automation

Keelvar helps packaging buyers deal with vast complexity and potential high volumes of bids, with intelligent automation and optimization that delivers:
Ease of event creation from the upload of existing packaging RFPs/bid sheets
Ease of event lifecycle management and auto-piloting
Flexible bid data collection
Supplier bid data validation
Supplier traffic light feedback
Flexible, robust cost modeling
Ease of reviewing bids and comparison of award scenarios
Speed in launching mini-RFPs

Why Keelvar for Packaging Procurement?

Our unique advantages for optimizing and automating sourcing in packaging include:

Scalability to handle everything from spot bids to large-scale RFPs with 100s of SKUs, 10K+ suppliers, and 1 million+ bid data points.

Optimization features and customer support services improve your event on-boarding, bid collection, and decision outcomes.

A supplier-friendly bidding experience improves creative offers, competition, and quality.

Packaging Sourcing Complexities

Keelvar helps packaging buyers make optimal decisions given a range of category-driven price and non-price inputs, including:

Wide-ranging supplier options and number of invited suppliers

Required number or types of suppliers by item

Number of items and specifications

Alternative materials and specifications

Sustainable & Corporate Social Responsibility (CSR) sourcing factors

Varying units of measure

Varying minimum order quantities

Varying capacity constraints by location

Discounts by volume and bundled offers

Detailed pricing breakdowns and tiers

Supplier preferences (by plant, item, incumbency, etc.)

Contract term options

Size of spends: strategic, mini-tender, or tail spend

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More Packaging Sourcing Resources

See for yourself how Keelvar's Sourcing Optimizer brings automation, flexible bidding, and robust scenario comparisons to improve your award decisions for packaging materials suppliers. Request a custom demo:
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