"The packaging machinery industry is currently enjoying a renaissance of technological innovation, resulting in above-average growth despite a depressed investment climate. Driving this renaissance are new dynamics in the CPG market, forcing a new focus on packaging as a competitive advantage rather than just a cost center. Manufacturers are re-engineering business processes down to the machine level, leveraging information technologies to gather process-critical information in real time, and feeding this information back into manufacturing processes at the CPM and ERP levels. The results are better closed-loop control over manufacturing processes, continuous improvement in real time, and a further extension of tracking and tracing capabilities for regulatory compliance. In short, packaging strategies today can directly support business objectives if the right technologies are employed."
That’s just the first paragraph of "Striving for Packaging Excellence," an in-depth look at what’s coming down the pike in the packaging technology arena. Produced by ARC Advisory Group, the complete paper is available here.
