Cihan Likogullari, head of EMEA at Envirotainer, explores how calculating Total Landed Cost can help pharma companies make more informed decisions about packaging and the hidden costs that may come alongside it.
Key highlights:
- TLC is the overall cost of getting a shipment from one place to another - the total cost of “landing” a consignment where it needs to be.
- What you save on a cheaper packaging solution can be more than offset by hidden costs of air freight and auxiliary costs, and the probability of product loss.
- By understanding what costs occur in what parts of the cold-chain, more informed decisions can be made from a risk-cost approach.
When shipping vaccines or any other temperature-sensitive medical solution, pharmaceutical companies are choosing between two types of packaging: temperature-controlled or passive. Both have their place in the market. Both have advantages depending on the context. However, one assumed benefit often attributed to passive packaging needs careful consideration: low cost.