By Peter AranskyContract PackagingFactoring: Jet fuel for attracting packagersThis financing tactic may be new to co-packers, but it works in other industries. It speeds up cash flow—and growth—key selling points with purchasing managers.Key termsFactoring: Factoring: A form of short-term financing that provides funding to companies relative to the quality and quantity of their sales, or accounts receivable. The funding comes in the form of either a purchase or a loan against the company’s eligible receivables.Factor: A company that provides factoring services.March 31, 2006Page 1 of 1Top StoriesContract PackagingHow CVS Store Brands Handles Refreshing a 5,000-item Private Label PortfolioCVS VP Michael Wier says store-brand growth and product/package localization are adding manufacturing complexity. Keychain CEO Oisin Hanrahan tells PW that the newly launched Keychain 360 helps retailers and brands manage private-label packaging specs, vendors, and compliance across outsourced supply chains.CartoningSpanish Juice Brand Debuts Aseptic Pack with Paper BarrierRecyclingRyp Labs, SPG, and Waitrose & Partners Design Packaging with Added FunctionalityDigital TransformationAutomation’s Catch-22: CPGs Eye Expansion, But Costs and Constraints PersistSponsor ContentSemi-automatic Liquid Drum Filler Increases Operator Efficiency
