What is Peak Packaging Monday? And if you buy packaging why is it important to know?
Peak Packaging Monday is the busiest day of the year for packaging suppliers, and it’s important that anyone who buys packaging knows about it. Peak Packaging Monday can directly impact packaging availability and the cost of materials on the run up to the busy shopping period.
Here are a few things you need to know about why preparing is important:
The Potential For Shortages: With the increase in demand for packaging and packaging materials on the run up to peak season shopping events. Businesses that are not prepared will find it difficult to source packaging to get their orders to their customers. This will potentially delay deliveries, and leave a negative impact on your relationship with your customers.
Pricing: With an increased demand for packaging and packaging materials, prices can easily creep up, for popular items like boxes, this can impact your bottom line especially if you have a tight budget.
Delays: Leaving ordering packaging until the last minute can cause delays, you could be waiting longer to receive your packaging goods, which can cause delays in ordering and shipping processes. What does this mean? Potentially impacting your customers negatively and damaging your brand reputation.
How to mitigate the risks, if you purchase packaging here are some tips to help you prepare...
Plan Ahead:Â Keep at the forefront of your mind that the packaging industry is going to be busy, and the number of packaging ordered is going to be a lot higher than normal, by ordering well in advance of Peak Packaging Monday you’ll prevent delays and costs.
Optimise Your Inventory:Â Know all of your stock levels, this prevents you from panic purchasing any packaging you need.
- Alternative Packaging:Â Know all of the packaging solutions out there, equipping yourself with this knowledge means you have a wider range of packaging solutions to choose from.Â
If you haven’t already stocked up, Peak Packaging Monday is a great time to get prepared for the final quarter of the year and your busiest trading time.