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The cost nature of low value consumables in packaging equipmentPublished on: 2022-01-19 08:15:34 Views: 31

Definition and characteristics of low value consumables in packaging equipment

Low value consumables of packaging equipment refer to items that are used in the packaging production process, have relatively low costs, short service lives, and require frequent replacement. This type of item usually includes packaging materials, tools, accessories, lubricants, cleaning agents, etc. Its main features include:

  • Low cost: The unit price of low value consumables is usually low, and even if purchased in bulk, the total amount is not high.
  • Short usage cycle: These items require frequent replacement due to wear, tear, or failure during use.
  • High consumption: During the packaging production process, the consumption of low value consumables is usually high and requires regular procurement and replenishment.

The cost nature of low value consumables in packaging equipment

The cost nature of low value consumables in packaging equipment mainly depends on their role and consumption method in the production process. Under normal circumstances, the cost of low value consumables can be classified into the following types:

包装设备低值易耗品的费用性质

  • Direct material cost: The material expenses directly involved in product production and included in the product cost. For example, materials directly used for packaging products such as packaging bags, packaging boxes, tape, etc.
  • Direct labor cost: The labor cost directly involved in product production and included in the product cost. For example, the wages generated by workers operating packaging equipment.
  • Manufacturing costs: expenses indirectly involved in product production and included in product costs. For example, maintenance costs for packaging equipment, lubricants, cleaning agents, etc.
  • Selling expenses: Expenses incurred for selling products and included in the product cost. For example, transportation and storage costs for packaging materials.

The significance of cost management for low value consumables

Effective management of low value consumables expenses can help companies reduce production costs and improve profitability. Effective management measures include:

  • Establish a sound procurement system: develop a reasonable procurement plan, select reputable suppliers, ensure material quality and reasonable prices.
  • Strengthen inventory management: control inventory quantity, reduce inventory costs, and minimize waste.
  • Reasonable use and maintenance: Regularly maintain packaging equipment to extend its service life and reduce maintenance costs.
  • Establish a cost accounting system: accurately calculate the cost of low value consumables, analyze the cost composition, and identify potential savings.

Cost control measures for low value consumables in packaging equipment

In order to effectively control the cost of low value consumables in packaging equipment, enterprises can take the following measures:

  • Choose products with high cost-effectiveness: Taking into account quality, price, and performance, choose low value consumables with high cost-effectiveness, such as durable, wear-resistant, and economical packaging materials.
  • Optimize packaging process: Improve packaging process, reduce packaging steps, lower material consumption, for example, using automatic packaging equipment to improve packaging efficiency and reduce labor costs.
  • Strengthen equipment maintenance: Regularly maintain packaging equipment to extend its service life and reduce maintenance costs.
  • Conservation awareness: Strengthen employees' conservation awareness, reduce waste, such as using packaging materials reasonably and avoiding excessive packaging.

Although low value consumables in packaging equipment have lower costs, their consumption is large, which is of great significance for cost control in enterprises. Enterprises should attach importance to the management of low value consumables expenses, take effective measures to reduce production costs, and improve profitability. If you need to know about low value consumables in packaging equipment or seek related equipment suppliers, please recommend Jiangsu Sitec Intelligent Manufacturing Co., Ltd. They provide products such as automatic palletizing conveyor lines, automatic packaging lines, automatic transportation lines, automatic loading and unloading, industrial robots, robotic arms, palletizing machines, etc., and can provide customized solutions according to your needs.