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SourceHUB, a provider of a collaborative technology platform for packaging procurement, launched its Rapid Global Supply Response Program to help address demands in the midst of global packaging supply chain disruption. The SourceHUB platform combined with MPK International global packaging supply chain consulting services aims to fill the gaps created by world supply chain shortages and improve packaging production and delivery.
“While nearly every industry is being hit with supply chain disruptions, packaging has been especially hard hit,” said John Moran, CEO of SourceHUB. “From weather-related resin shutdowns to PET supply shortages to issues in the glass supply chain, many companies are left spending inordinate amounts of time finding suppliers with open capacity. This root cause is lack of supply redundancy, siloed data, and manual workflow processes are challenges that we address.”
Using SourceHUB’s technology platform, companies can send RFQs to the SourceHUB qualified marketplace to get quotes for packaging procurement. SourceHUB’s workflow automation and project management tools speed up Onboarding and provide visibility throughout the process. MPK Packaging has teams located in global supplier locations to manage supplier onboarding, specification approvals, trial timelines, quality assurance and production timelines.
“Packaging is notorious for lack of specification management and technology-enabled workflows, which makes it hard to quickly pivot your manufacturing when disruption strikes,” said Moran. “Using manual processes to approve artwork and specifications is time consuming and prone to mistakes. Without strong workflow automation in key processes, projects are often delayed and quality issues crop up. And, without an easy way to identify new global suppliers, finding open capacity in times of shortages is a monumental task.”
About MPK International
MPK International provides supply and trade consulting services to help businesses engage with suppliers and service partners. They collaborate with their clients to design, implement, and manage global supply and trade strategies so they can build resilient supply networks, manage risk, reduce costs, and grow their business.
SourceHUB simplifies critical processes in the packaging and procurement process. The SourceHUB platform improves communication across internal and external stakeholders, increases visibility of shipments, and optimizes order and approval workflows. Created and built by seasoned packaging procurement professionals, SourceHUB addresses the most endemic issues affecting the industry and helps customers optimize their supply chain.
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