Reduce Inventory Costs With Fewer SKUs
This article has been supplied as a media statement and is not written by Creamer Media. It may be available only for a limited time on this website.
Inventory management is a fundamental building block for the longevity of product-based businesses. Generally, the more line items or stock-keeping units (SKUs) a brand has, the higher the capital investment needs to be to manage them.
For inventory management, one of the goals is to reduce the number of SKUs because higher inventory levels increase orders and stock audits as well as management time and resources. Higher inventory levels also add pressure to the picking, packing and processing of orders, and create a need for sophisticated inventory management software.
Reduce SKUs to reduce costs
Fix-a-Form® booklet labels from Pyrotec PackMedia have many advantages, just one of which is helping to reduce the number of SKUs. This is because they:
Support multiple regions and languages
This is particularly useful for companies who supply products internationally. Fix-a-Form® booklet labels have multiple pages that offer the space to provide product information in many different languages.
Simplify inventory management
Brand owners don’t need to create packaging and therefore SKUs for every country they supply to. Because all that’s changing is the information on the product’s Fix-a-Form® booklet label, inventory management is simplified and costs are reduced.
Make application easy
Pyrotec PackMedia’s Fix-a-Form® booklet labels – which can be tailored to suit different product needs, packaging designs, and material requirements – are supplied on-reel, enabling them to be applied using standard labelling equipment.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...
VISIT SHOWROOM
Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
