2020 has been a challenging year, leaving businesses across the flexible packaging supply chain having to deal with the following factors:
1. A surge in demand for packaged food – COVID-19-related health and safety restrictions require grocery stores, restaurants and food service providers to employ sterile food purchasing solutions. Meanwhile, consumer fears around food availability have led to stockpiling and panic purchases. These phenomena are impacting predictability of demand for flexible packaging.
2. Industry consolidation – changes in the make-up of industry players has impacted bargaining power relating to prices and services, especially for small-medium sizes converters.
3. Market expectations - the continuous demand for reduced packaging costs and global pressure around sustainability have created a pressing need for converters to partner with the most suitable suppliers.
4. Uncertainty - responsive and flexible supply chains are required to manage the unpredictability of governments’ response to COVID-19, and lack of certainty as to how the pandemic will continue to evolve and affect our industry.
In this webinar, we will highlight the different methods and services that converters should implement to succeed in these uncertain times. We will also show how these options can be combined and applied to establish a resilient yet flexible supply chain.
Register now to benefit from the global experience and market insight of Now Plastic’s Founder and President, Oded E’dan and CEO, Larry Silverstein.
Key Learning Objectives
- Current flexible industry driving forces
- Main challenges facing converters today
- Sustainable products as part of a well-balanced product portfolio
- Supply-chain resilience – the musts
