Online shopping is fun and convenient. A few clicks here and there on your handheld device and your goods are already shipped. When the delivery arrives the following day, it’s unlikely that you have paid attention to the rugged yet neat brown box that has carried your goods safely all the way. Bengaluru-based MNM Triplewall Containers produces many of those.
It is amazing how the online retail stores with thousands of product SKUs on their eShelves manage with only 30 corrugated box SKUs. Of course the smart algorithms do all the computing hardwork. But projecting what the billions of customers will order during the day. This is something that artificial intelligence is yet to master. Therefore, managing the corrugated box inventory is a tough task for these online retailers. That’s where MNM chips in. MNM has realised that the key to tap the growing opportunity in the eCommerce space is being close to eCommerce warehouses. So much so that it has already set up two dedicated packaging material warehouses next to the warehouses of an eCommerce giant in Hyderabad and Bengaluru. Its third such warehouse, and second in Bengaluru, will go live soon. The 10,000 sq/ft warehouse in Hyderabad stocks inventory worth two days requirement and is constantly refilled from the Unit 3.
MNM Triplewall is not the first company to invest in high-end automatic corrugation and flexo folder-gluer machines. According to Bobst, it has installed 10 flexo folder-gluers lines in India and another four FFG lines will be installed soon. The first installation of a Bobst FFG transpired in 2013 at Pyramid Packaging, Bengaluru. It was a Bobst FFG 618 Quattro. Then in 2016, the country’s first FFG 1228 NT RS, high graphic flexo board line came at Astron Packaging in Ahmedabad. The year 2015-2016 was a breakthrough year for Bobst with the sale of five FFG 8.20 Discovery lines. Most of these machines are either two-colour or four-colour lines. Most of these installations transpired in South India with leading names like Panoply Packaging, and South Indian Paper Mills, MNM Triplewall. In addition, there is Girnar Packaging, Vijay Anand Packaging and the big ticket installation in 2017 the six-colour FFG 924NTRS at Meghdoot Packaging’s North India facility.
GST on printing and packaging ...