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Measuring ROI: How to Calculate ROI on Packaging Machines

Are you considering investing in a new packaging machine for your production line? How can you determine if upgrading your packaging equipment will add actual value to your operation and if you will be able to recoup your investment?

Before moving forward with a major purchase like packaging equipment technology, it’s important to get an accurate estimate of the impacts the new packaging machine will have on your production line. A helpful metric that businesses use to compare options is ROI, and calculating the ROI of a packaging machine will help guide decision-making and purchasing decisions.

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Types of Can Seamers: How to Choose Can Seamers for Your Canning Operation

A variety of industries, including food, beverage, pharmaceuticals, chemicals, and cosmetics, require production lines that efficiently seal and package products. An important piece of this operation is a can seaming machine, which is used to form a leak-proof seal and help keep products fresh.

Whether you are running a large, industrial production line or starting a small canning operation, choosing the right used can seamer for your products, materials, and industry is essential for creating an efficient process.

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Vacuum Sealers vs. Heat Sealers: What’s the Difference?

Bag sealers are an essential piece of packaging equipment for production lines in industrial, commercial, and manufacturing facilities across industries. How do you choose the right type of bag sealer for your operation?

Vacuum sealers and heat sealers are two popular bag sealing machines that can be used to seal and store a variety of products. However, there are differences between these two sealers that may impact your decision on which sealer to purchase, including how they preserve and protect products.

If you are looking to add a bag sealer to your production line, start by learning more about vacuum sealers vs. heat sealers.

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7 Benefits of Bag Sealers for Your Business

The right packaging is key to creating safe products that consumers want to purchase, but part of the product packaging process is often overlooked: sealing.

Bag sealing machines are an essential part of creating an impermeable, visually appealing, and long-lasting product package. These versatile tools make it easy to quickly and efficiently seal a variety of packages. By purchasing a high-quality bag sealer, your production line can experience a wide range of benefits.

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Types of Bag Sealers: A Comprehensive Guide

Shipping and packaging companies use bags or pouches to contain products, and these bags must be sealed to protect their contents. To ensure products are professionally sealed, many production lines install machinery or equipment designed to seal material using heat.

If you are interested in expanding your line of packaging machinery to improve sealing efficiency, consider purchasing a new or used bag sealer.

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The Benefits of Automated Packaging Lines

Automated packaging equipment can improve the efficiency of production lines in a variety of industries, but many manufacturers hesitate to invest in these more expensive machines. However, while the upfront costs of purchasing automated packaging equipment and employee training may be higher than manual packaging options, the savings from reduced downtime, increased production speed, and improved efficiency make packaging automation worth considering.

If you are looking to upgrade or expand the packaging equipment on your existing production line, automated packaging machines may be the right choice.

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Types of Food Packaging Machines & Equipment

Food packaging equipment is an essential part of modern food and beverage manufacturing. Processing facilities use these machines to meet demand, protect products from contamination, and establish a visual brand identity—and choosing the right type of equipment can have a significant impact on the success of a food or beverage processing business.

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How to Avoid Unexpected Food Processing Equipment Costs

If you’re looking for a new food processing machine for your production line and see the price tag, you may think that’s all there is to it. However, that number is rarely the whole story.

There are hidden, unexpected costs associated with purchasing food processing and packaging equipment—from extra dollars you have to spend to get exactly what you want to long-term costs like downtime, breakdowns, and replacement parts.

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How to Prepare for Packaging Machine Installation

Once you’ve purchased a used or new packaging machine, the next step is to prepare your facility for it.

Installing packaging machinery involves many different moving pieces, from scheduling delivery with the equipment vendor to training your employees to operate the new machine. This guide is designed to help you navigate this process so you can start using your equipment sooner rather than later.

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Repairing vs. Refurbishing vs. Replacing Packaging Equipment: Which Option Is Right for You?

Repairing vs. Refurbishing vs. Replacing Packaging Equipment: Which Option Is Right for You?

Packaging equipment has a significant impact on your production line.

By maintaining these machines and keeping them working at peak productivity, you can streamline your processes, reduce downtime, save on overhead costs, and improve efficiency.

At the same time, however well you maintain this equipment, it will eventually start to have problems. It may miss quotas, make packaging mistakes, or wear down over time—which means a loss in productivity and revenue.

To get your production line back on track, you have to make a change.

You may think that the only solution is to purchase a new packaging machine to replace the ineffective model, and in some cases, it may be the best option. However, other alternatives, such as repairing or refurbishing the machine, are available and might be a better fit for your facility.

Repairing vs. Refurbishing vs. Replacing Packaging Equipment

When your packaging equipment breaks down, falls behind schedule, or fails to meet your production quota, you have three options: repair the broken parts, refurbish the machine, or replace the equipment with an updated model.

1.Repairs for Packaging Equipment

Repairing the packaging machine is often the quickest and most affordable option. Equipment in good condition that just needs a few broken parts replaced can often be fixed with minimal downtime, and you often only have to pay for the replacement parts as well as the service fee.

One of the benefits of repairs for packaging equipment is that your employees already know how to use the machine. There’s no need to spend time training them on how to operate new equipment or build new processes.

However, the cost of repairs can vary based on the age of your packaging machine as well as the availability of needed parts. Older machines require repairs more frequently, and it’s more difficult to find replacement parts. Over time, these added expenditures can add up to more than the price of a new or refurbished machine.

2. Refurbished Packaging Equipment

Refurbishing packaging equipment is the process of updating the entire unit. This option is ideal for situations in which you want to improve your machines but not invest in a replacement.

The refurbishment process is more expensive than repairing equipment but more affordable than replacing the machine with a new model. Additionally, by upgrading your packaging machinery, the equipment will often run more accurately, efficiently, and quickly, leading to additional savings in the long run.

If your packaging machines make errors or you want to enhance the production of your current equipment, refurbishment is a viable option.

3. Replace Packaging Equipment with an Updated Model

While repairing or refurbishing your packaging machines are important options to keep in mind, there are times when replacing the equipment with an updated model is necessary.

Buying a new machine can be expensive, lead to increased downtime, and require additional resources to train employees on the unfamiliar equipment. However, despite these downsides, new machines have a variety of benefits.

New packaging equipment has drastically lower maintenance costs and a lower likelihood of needing repairs compared to older machines. You can more easily access replacement parts if needed, reducing maintenance and repair costs. Additionally, newer packaging machines offer the latest packaging technology, which means you can use newer materials and techniques that are popularized in your industry.

Another thing to keep in mind is that new packaging machines allow for increased productivity. Modern equipment works more efficiently and at higher production speeds than older models.

How to Decide Which Option Is Best for Your Production Line

You know that you need to make a change in your current packaging equipment. How do you decide whether to repair, refurbish, or replace your machinery?

There are many factors to consider before making this decision. Start by answering these questions to determine what option is the best fit for your production line.

How Old Is Your Machine?

Consider the age of your packaging machines. Packaging equipment that is more than 10–15 years old can’t compete with the speed, efficiency, and versatility of newer or refurbished models. Additionally, it is more difficult to find replacement parts for older machines.

What Are Your Current Maintenance Costs?

A machine that requires frequent repairs can be costly. Over time, these maintenance costs add up. There is a point when it is more cost-efficient to update the equipment or buy a new model instead of continuing to invest in repairs.

How Much Downtime Do You Experience Due to Equipment Maintenance?

Routine maintenance is inevitable for all packaging machines, even the latest and greatest models. However, if you are dedicating a significant amount of downtime to repairing the machine or because of other maintenance-related issues, it may be time to consider pivoting your resources toward the initial costs of refurbishment or replacement.

Are Replacement Parts Readily Available?

Even if your packaging machine is working at peak productivity, it will eventually have parts that break and need to be replaced. But after a decade or more, the manufacturing company may have discontinued those parts.

If the parts you need to fix the machine are impossible to find or expensive to purchase, it could be devastating to your production line.

Can Your Packaging Machine Adapt to Current Trends?

Current packaging trends—like new materials or techniques—are often popular because they are more cost-efficient and can lead to increased revenues. However, your packaging machine may not be able to handle the newer materials, which limits your ability to stay competitive in your industry. By replacing your old machine with a new model or by refurbishing your equipment to align with current trends, you can take advantage of these cost savings.

Buy New or Used Packaging Machinery and Equipment at HP Packaging

At HP Packaging, we sell new and used packaging machinery and equipment for a wide variety of industries. Our top-notch packaging products have been repaired, refurbished, or reconditioned by the highly trained experts on our team, and our machines are ready to contribute to your production line.

As a leader in the used packaging equipment industry, we are proud to offer used packaging machines in a wide variety of categories, types, and styles. Whether you want to replace a machine on your production floor or expand your current production capabilities, HP Packaging can help you find the best packaging machine for your business.

View our packaging products or contact us today to learn more about your options for buying used packaging equipment.