1. Shipping Costs: With the sharp rise in shipping costs since the outbreak of the pandemic, you may end up paying more to get your products to the store. Shipping prices often fluctuate with the seasons and market demand. It’s advisable to monitor the Freightos Baltic Container Index, which tracks the weighted average spot rates for 12 trade routes. The rise in this index is mainly due to surges in rates on the Asia-North America and Asia-North Europe/Mediterranean routes. Procurement professionals should pay attention to the patterns of index price changes to seize the right purchasing opportunities.
2. Direct Purchase from Manufacturers: Ordering directly from manufacturers reduces intermediary steps, lowering procurement costs. Additionally, manufacturers provide better technical and after-sales services. You can also benefit from discounts on prices and more assured delivery times.
3. Sign Long-Term Contracts: Entering into long-term contracts with factories helps in better production planning, reducing material wastage during the production process. This leads to lower losses and higher product yield.
4. Monitor Exchange Rate Fluctuations: Collaborate with honest and reputable factories and take advantage of favorable exchange rates by placing bulk orders. You can lock in prices in advance through annual orders and staggered deliveries, effectively controlling costs.
5. Product Standardization and Proper Packing: Standardizing products and planning packing methods intelligently often result in loading more products, reducing overall costs. The final step in the processing of moving blankets is packaging. Experienced factories not only consider the rebound changes but also calculate the most reasonable arrangement during packing, such as placing two products together to save space. This efficient use of space allows for loading more goods, lowering overall costs.
6. Utilize Our Resources and Expand Company Supply Chain through Multiple Channels: With 11 years of experience in manufacturing moving blankets, we maintain excellent relationships with many enterprises producing related moving and transportation products. Some clients, through us, have found more reliable suppliers and purchased other goods at more favorable prices. By shipping goods in shared containers, they have improved capital utilization. Perhaps, through us, you can connect with more suppliers for better prices.

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