R.R. Donnelley & Sons Company (RRD) released its 2023 (Un)Packaging Reality Report, revealing how brands navigated last year’s market pressures and shortages to ease certain supply chain challenges and meet eCommerce demands. The second edition of RRD’s annual report now includes complementary input from label decision makers, in addition to the original audience of packaging decision makers.
According to the report, those citing product-related concerns dropped to 20% from the previous 34% while concerns surrounding packaging materials and transportation also mellowed. Meanwhile, eCommerce orders rose for 60% of respondents. Despite this challenging environment, 77% claimed their organizations moved closer to sustainability goals.
more at: https://investor.rrd.com/news/news-details/2023/RRD-Report-Amid-Steadying-Supply-Chains-and-eCommerce-Demands-Brands-Make-Meaningful-Strides-in-Sustainability/default.aspx?_gl=12nj1gl_gaMzY2NDQxNzE0LjE2NTQ1MTgyNjI._ga_2DQDYY9CC3*MTY4OTU5NTE3Mi4yNDUuMC4xNjg5NTk1MTcyLjYwLjAuMA..&_ga=2.31825534.115203656.1689595172-366441714.1654518262
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Under a new multi-year, multi-million-dollar contract with National Geographic Partners, Quad/Graphics, Inc. will manage comprehensive production services, including paper procurement and management, prepress and printing management. The agreement also expands and extends the print volume Quad/Graphics supplies under contract for the publisher and its titles National Geographic, National Geographic Traveler, National Geographic History, National Geographic Kids, National Geographic Little Kids, National Geographic Adventures and National Geographic Expeditions. The newly extended and expanded contract fortifies Quad/Graphics’ long-standing relationship with National Geographic Partners, which also includes books, and demonstrates the iconic brand’s confidence in Quad/Graphics as a strategic business partner. Click Read More below for additional details.
Sun Chemical will increase prices across a broad portfolio of its packaging and commercial sheetfed inks, coatings, and adhesives in North America, effective July 1, 2021. The global raw material environment continues to demonstrate significant inflationary pressures. Raw material shortages are an ongoing concern, and the competition to secure these scarce resources has accelerated the cost increases within a majority of Sun Chemical’s raw material categories. In addition to raw material cost pressures, international and domestic logistics costs have soared as the economic recovery drives demand for these services. “The dynamics within the ink market are unprecedented,” said Chris Parrilli, President of North American Inks, Sun Chemical. “The lingering effects of the Texas weather event and the international logistics challenges coupled with the ongoing impacts of the COVID pandemic are all significantly impacting our operations. Sun Chemical’s primary objective is to keep our customers supplied with the products and services they need to meet their business objectives."