Inventory Management Program

PennPac’s inventory stocking program ensures that customers always have timely access to their flexible packaging films. PennPac offers an effective inventory management solution for those that don’t have adequate warehouse space to store their own material, and don’t want to experience lengthy lead times to receive their film.

PennPac can offer storage for larger quantity orders and will ensure timely access to material – typically by the next day. After providing us with your specifications, our team will seamlessly set up and manage your program.

Another benefit of utilizing a stocking program at PennPac is that you’ll have quick access to our open inventory of films for any unplanned needs.

Key Steps in the PennPac Inventory Management Process:

1. Inventory Planning: Inventory management begins with strategic planning to determine optimal inventory levels based on factors such as anticipated demand, lead times, production schedules, and storage capacity. This involves forecasting future demand using historical data, market trends, and other relevant factors to estimate the quantities of products needed. PennPac works closely with converters and end-users in forecasting activities.
2. Procurement: Once inventory needs are identified, procurement involves sourcing or purchasing the required goods or materials from our approved suppliers. PennPac manufacturing partners are long term relationships, built over many years to ensure product reliability and satisfaction.
3. Receiving and Inspection: Upon receipt, incoming film and component inventory is received and inspected to verify quantity, quality, and compliance with appropriate specifications. This step ensures that only acceptable material is added to our inventory. Meanwhile, any discrepancies, or shipping damages are identified and corrected.
4. Storage and Organization: Inventory is stored in secure temperature monitored company owned and operated warehouses. Efficient storage and organization systems, such as FIFO (First-In, First-Out), are employed to optimize space utilization, accessibility, and inventory turnover.
5. Inventory Optimization: PennPac’s inventory management aims to strike a balance between maintaining adequate stock levels to meet customer demand and minimizing holding costs associated with excess inventory. Techniques such as  safety stock, and just-in-time (JIT) inventory are employed to optimize inventory levels, reduce carrying costs, and improve operational efficiency. At PennPac, we take the time to look at a program from all angles to take care of both the customer, and the organization.

Effective inventory management is crucial for businesses to achieve operational efficiency, maintain customer satisfaction, minimize costs, and maximize profitability throughout the supply chain. It involves the integration of people, processes, and technology to ensure the seamless flow of inventory from procurement to distribution while balancing competing objectives of service level, cost, and risk. It’s what PennPac does!

Why Choose PennPac’s Inventory Stocking Program?

• Next-day order releases
• Reduce physical inventory commitments
• Offers flexibility for customer-specific programs
• Eliminates inventory holding costs
• Competitive terms

Our Capabilities

Facilities/Equipment

• Manheim, PA and Piedmont, SC
• 5 million lbs. of film in-stock
• 10 state-of-the-art Slitters/Rewinders
• 2 Sheeters

Packaging Industries Served

• Food & Beverage
• Personal Care
• Healthcare
• Fulfillment
• Industrial
• Beauty

Additional Services

• Custom Roll Slitting
• Contract Slitting
• Sheeting