Announcing the results of the 2016 Packaging Survey
Presented at ISTA | 2017 TransPack Forum
-by Matthew Wright | Founder & CEO
Thank you so much to everyone who participated and provided their input in the 2016 Packaging Survey. We’ve officially closed the survey and have all of the data now.
We are excited to present the findings of the survey at ISTA’s 2017 TransPack Forum on Wednesday, April 19th at Disney’s Yacht & Beach Club in Orlando.
Specright will be presenting on Increasing Efficiency Across The Supply Chain With Accessible Packaging Data. Following our presentation, we will participate in a panel discussion on Big Data and Its Impact On Package Testing & Design along with Matt Thompson (Executive Director – Packaging Technology, Sealed Air Corporation), Chandra Arcot (CTO, Axiom), and Eric Hiser (Vice President – Technical, ISTA). The panel will be moderated by Greg Batt (Assistant Professor of Food, Nutrition, and Packaging Sciences, Clemson University).
Hundreds of packaging professionals from various industries and different parts of the supply chain answered the Packaging Survey. The survey results uncovered that the greatest pain points in the packaging industry are –
- Defects and Failures
- High Costs
- Packaging Waste
The full analysis and survey results will be released after they are presented at the TransPack Forum.
As I pointed out in an earlier blog post Thoughts on a Trillion Dollar, World-Impacting Industry, there is no standard for managing packaging data, and this is what often leads to the pain points highlighted above. The survey confirmed this lack of standardized systems, as 7 out of 10 packaging professionals are not using ANY system to manage their data.
Our discussion at TransPack will elaborate on the benefits of centralizing packaging data and providing accessibility to that data across the supply chain – from raw material producers, packaging suppliers, product manufacturers, transportation partners, and ultimately to retailers and e-commerce platforms. With transparent, actionable data, we can all reduce packaging failures, lower packaging costs, and shrink packaging waste. As Dr. Jay Singh stated in his article on the Packaging Value Chain, the industry is evolving (driven by technology), and this is driving innovation, cost-savings, and sustainability. The packaging industry is a greenfield when it comes to technology, and I am very excited about the impact of emerging technologies and transparent data collaboration.
Matthew Wright ([email protected]) is the Founder and CEO of Specright,
the spec system for the digital world. Matthew has over 25 years of experience in packaging and has held various operational and management roles with International Paper and Temple-Inland. While Vice President for Temple-Inland he ran a $500M business unit.