When buying packaging machinery and products, we make price-centric decisions to lower packaging costs. For your case, you should avoid focusing on price alone as other factors like quality of consumer and service may turn the tables upside down in the long run.
When purchasing machinery or packaging products, specifically massive purchases, you are likely to focus on price alone. Low cost of production, in turn, reduces the price of the final product. Similarly, the consumer spends less to acquire a given commodity.
And if you purchase the best packaging machinery model, make and brand, you only need a reputable vendor to supply your business with service and preventive maintenance at a reasonable price.
However, making your purchases price-centric comes with multiple downfalls in the long run. Your main goal is to save for your company, only to realize you lose more than you intended to save.
This article will show you the four factors to consider – plus price – while purchasing your packaging machinery and products.
While selecting goods with fair prices, always remember to consider quality. Typically, high-quality product prices are a little high. But if you count on their shelf life, you will find that low costs come with increased overheads like repairing charges and losing the materials.
Shipping costs tally on your final cost. Therefore, you should purchase packaging products and machinery that are cheaper but still, never compromise on quality.
2. Quality of Consumer Service
If you find a reputable supplier, you assume you will receive what you ordered. Surprisingly, the unlikely happens. You should ask for the measures your vendor puts in place to curb such an issue before you make a purchase. If your products get damaged during shipment, it will cost you money and time.
To help you avoid such problems, you may ask such questions as:
What are their return terms?
Your vendor needs to inform you of the measures put in place if you find the product or machinery delivered fails to meet your desired standard. On the same note, ask for the refund policy after you return the given product. How will you receive the refund?
Besides, who meets the shipping charges in case of a good return? Lastly, what is the deadline to return the products?
If you find answers to any of these questions tricky, you need to avoid purchasing your packaging products and machinery from such a firm.
Service is also crucial consideration before buying packaging machinery and materials. For a good choice, you need to ask yourself a few questions like:
Does your vendor respond to your inquiries on time? Poor communication may indicate that the vendor you are buying from is unreliable. For that reason, you consider purchasing from another supplier.
How do they handle emergencies? Imagine your packaging machine turns off while packaging urgent products? The packaging will have to stop, and your workers will rest. In turn, your company will end up in losses.
At such a time, you need your packaging product and machinery supplier to help you fix your machines. Imagine this is the time you find your supplier unresponsive. For that reason, you need to seek a fast and available vendor anytime who will save you from emergencies.
After how long does your vendor respond to your requests? Quick response will save your business time and money and increase productivity too.
Before you make any purchase, you should ask yourself a few questions regarding your vendor’s way of delivery, including:
Check on how company packs and ships goods. Packaging involves wrapping or packing products to ensure they get to the consumer safe and clean. Your vendor should show you their packaging methods and how the methods ensure the safety of your products. For further assurance, the vendor should promise to take total responsibility in case of any damage or breakage.
Consider if the company meet deadlines consistently. Your business can experience losses without adequate stock. To avoid such, you need to purchase your products from a company that consistently meets deadlines.
Imagine what you are likely to lose when a packaging machine stops for a few minutes. Multiply that by sixty, then by twenty-four. What are you likely to lose in a week? These figures could be scary.
Next, check if the company offers instant shipments should you need them. If you finish stock earlier than expected, will your vendor be there to offer instant shipments during such occasions?
Take This Home
As we have seen, when buying a packaging machine or product, you have other factors to consider, other than price. Such factors include how you receive your product, vendor service, customer service and price. The ball is in your hands.