Plastics Packaging Supplier Cost Deconstruction and Cost Models
Plastics packaging suppliers normally price their products based on several inputs, which include: raw materials costs, production costs—especially throughput rates for their production equipment—suppliers’ target gross profit margins by individual product or end-use market, and market prices communicated to them by their customers or gathered elsewhere. Plastics packaging buyers that do not purchase plastic resins or plastics additives directly and who are not familiar with typical production costs for various types of plastics packaging production equipment often find themselves at a disadvantage when trying to secure the lowest cost plastics packaging products. Mathelin Bay can help you by deconstructing your plastics packaging suppliers’ costs in ways that allow your organization to buy using fact-based estimates of suppliers’ current costs. In addition, since the plastics resin cost component of almost all plastics packaging moves at least several times per year, you can also have access to customized and easy to use plastics packaging cost models that can be periodically updated.