Packaging improvement process begins
Now that Wal-Mart’s buyers are using a packaging scorecard to evaluate the performance of suppliers, look for a wave of innovation as it relates to packaging and product formulations.
Suppliers spent last year populating scorecards with information regarding packaging, and to date information on nearly 100,000 products from 6,371 different vendors has been entered into the scorecard. Now the emphasis among suppliers shifts to how to improve their packaging scores as Wal-Mart buyers integrate packaging scores into purchasing decisions. Wal-Mart’s goal is to achieve a 5% reduction in packaging by 2013. That specific goal is part of the company’s broader effort to reduce waste, use renewable energy and sell sustainable products.
The scorecard evaluates the sustainability of product packaging based on key metrics such as greenhouse gas emissions, product-to-package ratio, space utilization, innovation, the amount of renewable energy used in packaging production and emissions related to the distance packaging materials are transported. Suppliers receive a score in each category and can view how they rate overall compared to their competitors in each product category.
Style and function meet in ODP furniture
DELRAY BEACH, Fla. Office Depot has launched the Christopher Lowell Anywhere Solutions line as its latest offering in its exclusive assortment of Christopher Lowell Furniture.
According to Office Depot, the new line functionality with classic design. The collection includes four distinct pieces, including an armoire, sofa table, credenza and computer desk. The pieces range in price from $199.99 to $499.99 and are available online at www.officedepot.com/furniture. The items will be available in Office Depot stores later this month.
“More and more business professionals today are working out of their home, guest bedroom and even the living room,” said Richard Diamond, vp of merchandising-furniture for Office Depot. “The new Anywhere Solutions line really serves a growing need that requires furniture to be both functional and attractive, while also fitting in virtually anywhere that you want to work.”
Costco unable to reform wine laws
ISSAQUAH, Wash. Costco was dealt a setback in its effort to change laws regulating distribution of wine in its home state of Washington.
ANinth Circuit appellate court judge ruled that the laws regulating wine distribution – when taken as a whole – do not violate anti-trust laws as Costco’s 2004 lawsuit contends. Costco was seeking to reform several provisions in Washington’s distribution law, including one that doesn’t allow suppliers to sell directly to retailers and give them volume discounts. Costco – the country’s largest wine retailer with $805 million in sales in 2006 – has not indicated if it would pursue further action in the case.