Mold-Rite | Stull | Weatherchem Team Honored by the National Association of Container Distributors

The National Association of Container Distributors (NACD) recently named Mold-Rite Plastics | Stull Technologies | Weatherchem as the Supplier of the Year at its annual convention in Austin, Texas. This marks an uncharacteristic second year in a row that the Mold-Rite team has earned this honor.

The NACD Supplier of the Year Award is given to the supplier who has most effectively supported distribution within the container industry.  It is one of the industry’s most coveted recognitions and is NACD’s way of honoring a supplier who has made valuable contributions to the distribution channel.

“We are pleased that Mold-Rite heavily relies on the NACD membership channel to supply its’ products to the market. Mold-Rite’s quality, service and on-time delivery performance has been outstanding and we are pleased to give them the Outstanding Supplier Award,” notes Berlin Packaging’s Glenn Scott, NACD acting president. The Supplier of the Year is a prestigious honor recognizing supply partners who best exemplify support of NACD distributors.   Distributor members rate suppliers on the following categories:  Leadership, Marketing, Training, Technology, Legislative and Regulatory, Communication, Policies, Product Shipment and Product Support.

“Our goal is not to be among the best, it is to be the best,” notes Brian Bauerbach, president and CEO of Mold-Rite Plastics | Stull Technologies | Weatherchem.  “Being recognized by the NACD, an organization that represents the highest standards in the packaging industry, brings great pride to our entire team and validates our progress toward our goal of excellence,” Bauerbach said.

In November of 2012, Mold-Rite Plastics acquired both Stull Technologies and Weatherchem Corporation. “Combining these three companies gives us even more opportunity to not only provide great services, but also expanded product offerings. With additional operating locations and an expanded focus on innovation, we look forward to delivering even greater value in 2013 and beyond,” adds Bauerbach.

The National Association of Container Distributors is a trade association representing distributors of rigid packaging and related components in North America. Each year, the organization gathers at their Annual Convention to recognize and celebrate packaging excellence.

About Mold-Rite Plastics | Stull Technologies | Weatherchem
Three trusted closure manufacturers have joined together to deliver greater value for customers. Weatherchem, Stull Technologies and Mold-Rite Plastics are now united providing an expanded product portfolio, multiple manufacturing locations, in-house tooling, outstanding innovation, unmatched flexibility and responsiveness.  The company’s complete line of products offers a single source for the broadest range of closures ideal for a wide variety of markets. Whether designing or selecting packaging for a new product, or revamping the design of an existing product, Weatherchem, Stull, and Mold-Rite Plastics have the closures that consumers love.

About NACD
The National Association of Container Distributors (NACD) is a professional association of rigid packaging distributors who supply bottles, tubes, pumps, sprayers and other closure systems. A growing number of America’s foremost companies have discovered the benefits of working with an NACD member. NACD and their supplier organizations adhere to a strong code of ethics that ensures the most trusted products from the nation’s best manufacturers. The rigid packaging industry’s leading distributors and top manufacturers joined to create NACD – a world-class packaging information network. NACD members offer fresh, innovative and effective approaches to packaging needs, and outstanding service without added costs.

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As Transparent as a Their Glass Bottles – Cospak Pty Ltd

As Transparent as a Their Glass Bottles – Cospak Pty Ltd

Cospak Pty Ltd. manufactures a wide range of rigid and flexible packaging at three facilities located in Sydney, Auckland and Guangzhou, China, as well as sourcing over 7,500 products from more than 200 supply partners for distribution to its warehouses in all Australian states, New Zealand, South Africa and Italy.

Founded in 1969, Cospak utilizes sophisticated inventory tracking software, fosters close relationships with partners and clients, and applies a balanced philosophy to operations. Cospak’s expertise and responsiveness to implement efficiency developments have positioned the wine, beverage, food and pharmaceutical industry packaging specialists as Australasia’s largest packaging distributor.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PRODUCT LINE

Three businesses operate under the Cospak brand, which include Cospak Plastics, Premier Plastics and Cospak China. In December 2009, San Miguel Yamamura Packaging Corporation acquired a 65 per cent majority stake ownership in the company, but has left Cospak relatively autonomous in its operations.

With the acquisition, Cospak stands to benefit dramatically with a significant cash infusion and new markets to explore. Cospak General Manager of Operations Jonathan Evans settles partners’ concerns by assuring Cospak will remain just as committed and engaged in current relationships as ever.

Evans is also excited about a new contract with Amcor Glass and the current government quality and efficiency evaluation of Cospak Plastic’s operations—both of which will help position the company to reach its objective of doubling in size within the next few years.

UNBREAKABLE

Cospak Plastics, which is the smallest of the three companies under the Cospak brand with million in revenue, is currently in the midst of a governmental review called Enterprise Connect that promotes the business growth in Australian companies. The goal is to make small to medium organizations more efficient and, thus, strengthen the Australian economy as a whole.

“We’re looking at improvements, structural improvements, at the way we manage ourselves in the Cospak Plastics business—the staffing, the structure, how we handle our finances, our marketing. It’s quite broad,” says Evans.

“Through business diagnostic sessions, a specialist business adviser will provide Cospak with recommendations, which are then up to us to take or leave. If we take on any of the recommendations, there’s potential for up to ,000 in co-contribution from the Australian government to help us achieve these recommendations.”

SHAPING THE WORKFORCE

For all the emphasis on operational reviews, efficiency and investments, Cospak is keenly aware of the needs of the employees that source and sell the various packaging the company offers. Cospak treats its employees with respect, pays a solid wage, provides flexibility, trains adequately and provides a collegial atmosphere. As a result, Cospak has high retention levels of their qualified staff.

“It’s about ensuring a high degree of autonomy for the staff. We find our employees, if given enough autonomy in ensuring that the various requirements of their role are met, tend to rise to the occasion and ensure things flow without constant attention,” says Evans.

“No one is looking over people’s shoulders day-to-day but really encouraging independence. As long as consideration and thought has been put into a decision, we tend to be accepting if the result is not great – everyone makes mistakes.”

DISTRIBUTING RESPECT

The empowering methods Cospak preaches at its operations in Australia apply immensely to other company operations. Most of Cospak business is done in Asia, and in general Asian culture lifts relationships to the top of the priority list.

“The key with doing business in Asia are the relationships,” says Evans. “It’s pretty much relationships first, business second. If you have the strong relationship and build up over time a high level of trust, you tend to get the cooperation you need.”

“It’s not just about how much you buy. It’s about how you respect their organization, them as individuals and are culturally accommodating. We’ve been doing business there for well over 20 years so it’s a long learning curve”

REINFORCED

Cospak’s Australasia connection ramped up recently with San Miguel Corporation entering the picture. The two companies generally facilitate operations via the same sales mechanisms, offices, warehousing infrastructure, distribution network and customer support services, so a marriage was natural.

Cospak traditionally leaned on the distribution side and was seen as having a manufacturing deficiency. The San Miguel resources should temper those perceptions and strengthen the company for the future.

As Cospak bounces back from the economic downturn, like many Australian companies today, the company is thankful for the strength of its relationships and is particularly excited about a new partnership with Amcor Glass, a leading supplier of quality glass for wine bottles.

“It’s important not to pay lip-service to these principles but to follow through with them. We have to ensure we keep the communication flowing and that we stay in regular contact with our partners. We need to understand their business requirements as much as they need to understand ours,” says Evans.

LIGHTING IN A BOTTLE

Cospak is looking at all options to continue growth and capture an even larger global share of the container manufacturing and distribution market. The company is looking at potential acquisition opportunities but maintains that mutually beneficial relationships take priority.

“The key is maintaining relationships. It’s not just about beating up your suppliers and trying to get the best price,” says Evans.

“To a large extent, regardless what happens in the markets, both financial and those we trade within, we tend to ride it through. As long as we maintain those relationships, I believe we will continue to roll with the punches and overcome whatever obstacles are thrown in our path.”

Cospak owns a firm grasp on the packaging distribution market with no imminent danger of that share slipping. Cospak knows that external factors and fluctuations in the markets are beyond its control.

Regardless, Cospak has bottled a chief philosophy: strong working relationships with partners can safeguard Cospak from any rigid situation.

Divya M is a veteran in Internet marketing and a wordsmith par excellence with countless articles on a wide range of subjects to her credit. She is an expert on Business Magazine News.

Article from articlesbase.com

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