4Pack, a leading provider of product, packaging, and artwork management solutions, has recently released a set of free business tools to assist companies in the UK with packaging data management.
These tools, including a capability model, eBook, and self-assessment scorecard, are specifically designed to help businesses in the food and beverage, consumer packaged goods, and related industries. They draw on 4Pack’s extensive experience in helping companies in these sectors gain control and clarity over their packaging processes.
The eBook, titled “Taking Control of Packaging Data: The Clock is Ticking,” provides valuable insights into the challenges faced by these industries when it comes to packaging data. Additionally, the Packaging Data Capability assessment allows companies to evaluate their readiness to handle these challenges, while the Packaging Data Capability Model delves into ten key aspects of the practical challenges, such as data recognition and ownership.
These tools are essential for companies that manufacture, distribute, or sell packaged goods in the UK, as they face a growing number of regulations related to packaging waste and sustainability. From Extended Producer Responsibility (EPR) to Deposit Return Schemes (DRS) and plastic packaging taxation, companies must navigate a complex landscape of rules and regulations. In addition, environmental, sustainability, and governance (ESG) reporting requirements are becoming increasingly stringent, and there are likely to be more changes in the future. Bodies such as the Competition and Markets Authority are even considering anti-greenwashing rules. These challenges extend beyond the UK, with regulatory changes occurring worldwide.
Helen Poole, Managing Director at 4Flying Ltd, emphasizes the urgency for companies to take control of their packaging data, stating, “Many brands and businesses that create or handle packaged goods have a big problem because they do not have control of their packaging data. The need to do so is becoming urgent.” Having accurate and complete packaging data not only allows for better business decisions and reporting but also adds value to clients and saves time and costs.
These tools are being released at a critical time, as leaders in the consumer packaged goods and related industries are realizing that their sustainability, efficiency, and regulatory compliance strategies may be at risk. To ensure compliance and achieve their goals, companies must have easy access to accurate and complete packaging data across their entire product portfolio. This requires dedicated and centralized management of packaging data, including specification, procurement, and production information.
Having a robust packaging data management system in place not only enables better decision-making and continuous improvement within the organization but also allows for the provision of necessary information to supply chain partners for their own compliance and decision-making.
Failure to take appropriate action regarding packaging data can have significant consequences for companies, not just in terms of reporting and compliance, but also in terms of their reputation with consumers. As consumers increasingly expect companies to be responsible, those that do not prioritize packaging data management may struggle to meet their sustainability goals.
For more information about 4Pack and their suite of packaging data management solutions, visit their website at https://www.4-pack.com.
