Australian Institute of Packaging (AIP) will be holding an Introduction to the Economics of Packaging half day training course for the industry in Melbourne in October and Brisbane in November. This training course is intended for people, who have direct involvement in packaging operations within all packaging associated industries. This includes the production, development, technology, purchasing, sales, QA/QC, marketing, regulatory and development functions.
Packaging, in product distribution, is a techno-economic function aimed at maximising sales, while minimising the total overall cost of distribution. It can be regarded as a benefit to be optimised rather than merely a cost to be minimised.
The half-day training course offers a clearm, comprehensive and precise non-mathematical introduction to packaging economics. It touches on the choice of materials and the associated costs, what drives packaging costs, how and what to look out for in cost savings within the boundaries of packaging.
At the completion of this half day course, the student should be able to:
- Discuss the packaging costs
- Discuss the elements of packaging costs
- Classify the costs
- Discuss the guidelines for cost effective Packaging
- Describe how to prevent unnecessary costs creeping into the supply chain
- Identify the factors required for successful packaging from a cost perspective
- Understand the basics of packaging economics
- Acquire an appreciation of future trends and developments with the cost confines of packaging