By Todd Waddle, director, sustainability, M. Holland Consumer preference increasingly favors sustainable products and is driving worldwide regulatory action. In 2022, McKinsey analyzed sustainable regulatory development across 30 countries. It found that an overwhelming majority – 29 of those 30 – have started to “discuss and implement” sustainable packaging regulations. … [Read more...] about Recycled Resins Fill Sustainability Gaps in Plastics Processing
Resins
Four Steps to Improve Supply Chain Forecasting
by Matt Stekier, principal, and Ryan Muneio, manager, Plante Moran Good supply chain forecasting – working hand in hand with sales and operations – will help a company right-size stock levels, minimize lead times and optimize order management. Done right, the result will be increased efficiency, better information across the team, reduced costs, faster time to market and … [Read more...] about Four Steps to Improve Supply Chain Forecasting
US is More Profitable Than China for Plastics-Based Manufacturing
by Greg Kozera, director of marketing and sales, Shale Crescent USA A new study by Shale Crescent USA and Jobs Ohio directly shows the United States is the most profitable place to manufacture plastics products. For the past four decades, US manufacturers have migrated overseas to China primarily due to cheaper foreign labor and a decreasing US energy supply. Times have … [Read more...] about US is More Profitable Than China for Plastics-Based Manufacturing
Tools for Improving Inventory Monitoring and Tracking, and Supply Chain Management
by Liz Stevens, writer, Plastics Business Planning as far out as possible, having resin alternatives available for substitutions and being ready to jump on spot opportunities are good tactics, but the trio of experts had more advice for managing resin inventories, and for anticipating and planning how to weather future supply chain disruptions. “Given the current tight resin … [Read more...] about Tools for Improving Inventory Monitoring and Tracking, and Supply Chain Management
The View from 30 Feet: Going Green is Good for Business at PMT
By Nicole Mitchell, writer, Plastics Business At Plastic Molding Technology (PMT), El Paso, Texas, sustainability is a top priority. The corporate sustainability initiatives, focused on environmental impact, began as a side emphasis for the leadership team several years ago, and today the company reaps the benefits through cost savings, team safety and price … [Read more...] about The View from 30 Feet: Going Green is Good for Business at PMT