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Packsize International, a provider of On Demand Packaging, announced that the company’s iQ FUSION won the first-ever ProMat Innovation Award in the Best New Innovation category. Packsize received the award at the material handling, logistics, and supply chain event this week in Chicago. The ProMat Innovation Award serves to educate and provide valuable insights on the latest manufacturing and supply chain innovative products and services.
Chosen from a pool of six finalists, the iQ FUSION corrugated converting machine has a compact and intelligent design, giving Packsize the ability to reach a broader set of customers that want to reduce the time and cost of its packaging operations. With a working footprint of only 48 square feet and few management requirements, the iQ FUSION can be placed in just about any pack line, requires no capital investment, and uses corrugated z-Fold for the box-making process.
With the iQ FUSION, Packsize resolves inventory and shipping complexities through the ability to create a custom-sized box for every product a company ships. This efficient and cost-effective, just-in-time packaging system adopted by leading companies such as Staples, Boston Scientific, and Emerson Electric’s Metro subsidiary, increases a company’s total savings by an average of 35 percent. Today, Packsize is pioneering On Demand Packaging, a technology-enabled corrugated packaging production process that results in less waste, lower shipping costs, decreased damage rates, and increased customer satisfaction.