Fundamentals of Business

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Fundamentals of Business

Minimization

Minimization - (also "source reduction") the mass and volume of packaging (per unit of contents) can be measured and used as one of the criteria to minimize during the package design process. Usually "reduced" packaging also helps minimize costs.


Reuse - The reuse of a package or component for other purposes is encouraged. Returnable packaging has long been useful (and economically viable) for closed loop logistics systems. Inspection, cleaning, repair and re-couperage are often needed.


Recycling - Recycling is the reprocessing of materials (pre and post consumer) into new products. Emphasis is focused on recycling the largest primary components of a package: steel, aluminum, papers, plastics, etc. Small components can be chosen which are not difficult to separate and do not contaminate recycling operations.


Energy recovery - Waste to energy and Refuse derived fuel in approved facilities are able to make use of the heat available from the packaging components.


Disposal - Incineration, and placement in a sanitary landfill are needed for some materials. Material content should be checked for potential hazards to emissions and ash from incineration and leach ate from landfill. Packages should not be littered.


3.3.3 Storage and Distribution is one of the four aspects of marketing:
Movement of goods and services from the source through the distribution channel channel, right up to the final customer, consumer, or user and the movement of payment in the opposite direction, right up to the original producer or supplier. There are two types of storage and distribution tangible (physical) and intangible.


There are mainly three classes of finishe finished goods that are personal products, consumable goods and durable d goods.


An example of personal and consumable goods are
Fast Moving Consumer Goods (FMCG FMCG), also known as Consumer Packaged Goods (CPG CPG), products that have a quick turnover and relatively low cost. Though the absolute profit made on FMCG products is relatively small, they generally sell in large numbers and so the cumulative profit on such products can be large.

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