Sustainability with Savings
Cube has helped several global CPG companies develop corporate sustainability strategies that reflect real world material choices. The sustainable packaging world represents a wide range of evolving regulations in countries and within the global supply chain. Corporate commitments for 2025-2030 to be 100% recyclable or reusable, are the norm and being able to understand where you are, and plot a course to sustainable materials, involves working with suppliers, manufacturing, and customers to best understand cost and complexity of changes.
We have worked with multiple companies to create a multiyear sustainability strategy, helping define what needs to change, timing, complexity of the changes and what new materials/packaging may be needed to meet corporate objectives. In some cases, new connections were required working with material leaders on how to improve recycling or create collection options via third party. Many recycle content streams currently cost 20-35% more than virgin, do to demand, and solutions need to be developed to manage total delivered cost so bottom-line costs are not impacted or minimized.
In developing an approach, we look at how to holistically manage changes through standardization, manufacturing upgrades and of course supplier choices. On one food product example, the holistic approach netted $1.5 million in package cost savings, despite the headwinds of higher costs on materials. The approach of working with suppliers to standardize materials, and simplifying supply/manufacturing operations allowed for total delivered cost savings.
Cube has experience in working to understand your needs, supply chain and helping develop solutions, weather it is redesigning parts or finding new internal options tailored to meet your needs. By setting conversion strategy we helped leadership see choices and coordinate product-package changes.