Stretch film breaks a lot, somewhere around 3 to 7 times per average roll. Because the employees who stretch wrap your product are so busy, they don’t have the time to figure out the true cause of the break. So, the problem continues happening. And when manufacturing and packaging are so hyper-competitive and focused on efficiency, every little problem adds up.
Most employees simply turn the wrap force down so the film no longer breaks. But that may or may not solve the real cause of the problem.
So let’s cover in detail why you want to assess your stretch film:
- Save Time and Money
When you use your time and money in the ideal way, you’re as strong of a competitor as you can be. Your position in the market is never secure, even if you are a larger company. So, any little way you can find to save time and money counts.
Your competitors may not do this, minimizing the importance it has. So, it can be a nice little boost to your market position, keeping you slightly more secure.
- Solve the Problem with A Simple, Cost-Effective Solution
What type of stretch wrap do you use? HDPE, LLDPE, LDPE, PVC, or PP? Get supplier data sheets on them all. Say you find out that you’re not using the right type of stretch wrap for your applications.
All you need to do is switch the type. You may also find an alternative like rubber bands, plastic straps, or glue that works even better.
- Reduce the Chance of Incurring A Number of Expenses
If your stretch film isn’t quite doing its job, a couple of bad (and costly) things can happen. Boxes can fall down and injure workers. You immediately take a dip in productivity, and you may face a civil lawsuit or have to pay worker’s compensation. Your products may get damaged.
In both cases, they’re otherwise unnecessary costs. You could eliminate them with either the right stretch wrap, or a different solution.
- Boost Your Revenue
Take a look at this realistic example to see how much revenue you can produce with stretch wrap. A realistic figure is about 3.5 cents per pound of stretch wrap. Multiply that by using 200,000 pounds of stretch wrap annually, and you get $7,000 in gross revenue.
Employee training costs about .5 cents per pound ($1,000 annually). Special containers cost about .375 cents per pound ($750 annually). Baling labor and wire strapping cost about .750 cents per pound ($1,500 annually). Labor costs for transporting the stretch wrap from the dock to baler run about .01 cents per pound ($2,000 annually). Those costs total $5,250. Subtract that from $7,000, and you get $1,750 in additional revenue per 200,000 pounds of stretch film used.
Stretch film may not seem like a huge consideration. But it is, and especially so the larger your company gets.
Overwhelmed on calculating the expense and optimizing your efficiency? Call Pollock at 855.239.5153 today.