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Pactiv is a leading producer of specialty packaging products with sales of 31 billion Pactiv has three operating segments Consumer Products FoodserviceFood Packaging and Protective and Flexible Packaging Its consumer products include plastic aluminum and paper-based products such as waste bags food storage bags and disposable tableware and cookware Its foodservicefood packaging products include foam clear plastic aluminum pressed paperboard and molded-fiber packaging for customers in the food distribution channel including wholesalers supermarkets and packer processors that prepare and process food for consumption Pactivs protective packaging products are generally used to protect and cushion various commercial and industrial products from the point of manufacture to the point of delivery or pick-up The company manufactures markets and sells protective packaging for use in many industries including the automotive computer electronics furniture durable-goods building and construction industries Pactivs flexible-packaging products are used mainly in food medical pharmaceutical chemical and hygienic applications and often involve custom design Many of Pactivs products have strong market-share positions including the number one position in key markets such as consumer waste bags and tableware foodservice-foam containers clear rigid-display packaging foam trays and aluminum cookware In 2003 more than 80 of the companys sales came from products that hold the number one or number two share position in markets served reflecting the strength of the companys brands the breadth of its product lines and its ability to offer one-stop shopping to customers The company drives growth by developing new products and value-added product line extensions In 2002 and 2001 the company spent 35 million and 40 million respectively on research and development efforts Building on broad product lines and strong relationships with national distributors in 2002 Pactiv completed the implementation of its customer-linked manufacturing system for the FoodserviceFood Packaging segment Today the systems and information-management infrastructure and distribution network are fully in place to support this segments One Face to the Customer strategy aimed at reducing supply-chain costs enhancing customer service and improving
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