In this episode of "Beyond Packaging," hosted by Laura Foti and Matthew Wright, the focus is on corrugated packaging, featuring a detailed discussion with Ryan Fox, a corrugated marketing analyst at Bloomberg Intelligence.
Key Topics Discussed:
1. Corrugated Packaging and Tariffs: Ryan shares insights on the complexities of tariffs affecting the packaging industry. A discussion on fluctuating tariffs highlights how businesses struggle with unpredictability, especially when tariffs change daily.
2. Packaging Industry Challenges: The podcast discusses the impact of tariffs on various sectors, including the cosmetics and agricultural industries. Emphasis is placed on the need for agility and understanding of cost structures at a granular level.
3. Automation and Workforce: Automation's role in addressing workforce challenges in packaging manufacturing is examined. The importance of modernizing operations and moving away from outdated practices is highlighted.
4. Corrugated Box Cost Index: Ryan explains the corrugated box cost index he developed, aimed at providing transparency and predictability in pricing. This tool is designed to help businesses plan for future cost scenarios.
5. Industry Trends and Predictions: The episode touches on industry consolidation, the necessity for data-driven decisions, and the ongoing revolution in automating front-end operations in packaging businesses.
You can connect with Ryan Fox on LinkedIn.
Beyond Packaging is presented by Specright, the leader in Specification Management.
Feel free to connect with Laura Foti and Matthew Wright on LinkedIn
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