Discover your next big idea at PACK EXPO Las Vegas this September
Experience a breakthrough in packaging & processing and transform your business with solutions from 2,300 suppliers spanning all industries.
REGISTER NOW & SAVE

Three Tips for Chief Procurement Officers Navigating Packaging Shortages

Gartner, Inc. provides tactics for chief procurement officers attempting to deal with packaging material shortages amidst supply instability and rising costs.

Bi Gartner Getty Images 157423931 W Text

Supply instability and rising costs are prompting chief procurement officers (CPOs) to adopt new approaches to packaging material procurement. That’s according to Gartner, Inc., which covers the topic in its new publication, “Tactics for Navigating Packaging Shortages.”

“Shortages of packaging materials such as pallets, plastics, corrugated, metal, and glass are wreaking havoc across supply chains, and it remains unclear when—or if—these constraints will subside,” says John Blake, senior director analyst with the Gartner Supply Chain practice. “Packaging procurement is highly complex, as it requires coordinating many different suppliers. To further complicate matters, there has been a lack of investment in technology that would allow for seamless collaboration across the supply chain.”


Read article   Read this story to learn how inflation will affect packaging material costs in 2022.


To successfully navigate in this environment, Gartner says CPOs must adopt new tactics that drive greater resilience, manage the rising costs of packaging, and improve packaging sustainability. The three actions it recommends to reduce the impact of packaging supply constraints include the following:

2024 PACK EXPO Innovations Reports
Exclusive access: Packaging World editor-curated reports revealing PACK EXPO's most groundbreaking technologies across food, healthcare, and machinery sectors. Each report features truly innovative solutions selected from hundreds of exhibitors by our expert team. Transform your operations with just one click.
Access Now
2024 PACK EXPO Innovations Reports
Conveying Innovations Report
Editors report on distinguishing characteristics that define each new product and collected video demonstrating the equipment or materials as displayed at the show. This topical report, winnowed from nearly 300 PACK EXPO collective booth visits, represents a categorized, organized account of individual items that were selected based on whether they were deemed to be both new, and truly innovative, based on decades of combined editorial experience in experiencing and evaluating PACK EXPO products.
Take me there
Conveying Innovations Report