Retail Packaging

Advantages of Retail Ready Packaging in Canada

Retail ready packaging and shelf-ready packaging are two different categories of secondary packaging which assists in the effective optimization of retail sales and stocks. These RRP goods achieve every commercial packaging need with several added benefits like lightness, ease of handling, and speedy replenishment. With increased consumer demands for a quick and easy way to purchase goods, the retail packaging and shelf-ready services have emerged as an essential part of the retail process. Both these services are provided by various companies across Canada, which are experts in their field.

The main objective of both the packaging types is to provide an efficient method of moving inventory from point of purchase to the point of sale. However, the retail ready packaging service in Canada provides additional benefits to the retailers. The shelf packaging method enables the retailer to display his latest products and goods. This allows the customer to select the product of his choice right away. The best part is that this can be done from the comfort of the home without visiting the store.

Apart from providing increased shelf space, the retail ready packaging also provides a fast method of replenishment of inventory. The fast replenishment facility helps in reducing inventory costs and increasing the average running time of the supply chain. The reduced inventory costs help the company reduce its investments in purchasing raw materials, increasing distribution costs, and incur additional wear and tear costs. Also, the shelf replenishment enables the company to maintain a constant inventory level so that it can meet future demands. This helps the retailer to respond quickly to the changing market trends and hence manage the prices of the product depending on the current demand.

The shelf replenishment option of retail ready packaging in Canada helps the retailers achieve two important objectives. First, it increases the retailer's profits by increasing the number of units sold. Secondly, it reduces the cost of distribution. A faster replenishment means faster collection and shipment of products to the retail store. It also ensures timely replenishment of stock items in the stores. Hence, these benefits encourage more Canadian retailers to use ready-to-use secondary packaging.

Another advantage of retail ready packaging in Canada is its capacity to improve supply chain efficiency. It encourages faster movement of goods through the supply chain. As a result, it enables the retailers to reduce travel time and labor costs as well. These reduced costs result in a lower overall operating cost. This helps the retail industry to increase revenues as well as at the same time help the continent curb piracy and protect its valuable natural resources.

Canadian retailers can further make use of retail ready packaging for their advantage. They can directly onto these products in their retail stores or websites. This eliminates the need to ship these products through third parties. In fact, they can further reduce operational and maintenance costs by having these commodities on their own shelf. Alternatively, they may choose to directly onto bulk commodity like cocoa butter, fish oils, sugarcane and iron ore. Either way, retailers ensure that they are contributing to the improvement of their countries' economy and by extension, helping them earn a better living.