Jun 8, 2018 | Uncategorized
It’s been a few months since our last resin pricing update, so we thought it would be a good time to bring you up to speed on recent developments.
The $.04/lb resin price increase that was on the table for February did go through, but a $.03/lb decrease announced by many producers in March erased much of it. Since then, the market has remained fairly flat, but there’s now a $.03/lb increase on the table for June. As we like to say, it’s too early to tell if that increase will go through, but we will let you know of any major developments.
As for lead times, we’re currently looking at 2 to 3 weeks for all bag types. July is usually a busy month for us, so if you know you have an order coming up, now would be a good time to let us know so we can schedule appropriately.
If you have any questions or would like to place an order, feel free to send us a message, use our quote form, or just call us at (800) 272-2634. However you choose to get in touch, we’ll be happy to help you get the bags you need at a competitive price.
Thank you for your business, and we hope to hear from you soon.
Apr 10, 2018 | Uncategorized
We are thrilled to announce we’ve received our ISO 9001:2015 certification! This new standard replaces our previous ISO 9001:2008 certification and is effective immediately.
The biggest change to the standard is the new core concept of risk-based thinking. While this has always been part of the standard, the new version gives it increased prominence. In short, risk-based thinking is used to prioritize processes and drive improvement. This focus is intended to prevent undesirable outcomes such as nonconforming products and services.
ISO 9001:2015 brings a number of other benefits as well, including putting greater emphasis on leadership engagement, addressing supply chain management more effectively, and using simplified language and a common structure and terms. Overall, these changes are intended to allow organizations to focus less on documentation and more on managing processes.
One other change of note is that the new ISO 9001:2015 has seven quality management principles compared to the eight principles of our previous certification:
- Customer focus
- Leadership
- Engagement of people
- Process approach
- Improvement
- Evidence-based decision making
- Relationship management
As we mentioned in a previous blog post, our ISO certification is only the starting point for a successful customer relationship—we have to prove our products and services are as great as we say they are. Whether you’ve been a customer of ours for years or you’re just researching new poly bag suppliers, we look forward to offering you the high-quality products and customer service you deserve.
If you have any questions about our ISO 9001:2015 certification, please feel free to give us a call at (800) 272-2634 or send us a note through our contact page.
Jan 10, 2018 | Uncategorized
Happy New Year! We hope 2018 is off to a great start for you both personally and professionally.
Well, 2017 was quite a wild year for polyethylene pricing. The best summary we’ve seen comes from a recent Plastics Exchange newsletter, so let’s take a look:
“The market rallied in the 1st quarter and bottomed out near the end of the second quarter. It staged a modest recovery during the summer for what should have been its last hurrah before several new polyethylene plants came online with added production. Hurricane Harvey then rocked the market and sent prices absolutely soaring. The market peaked in mid-Sept and has been sliding ever since. Most PE resins still remain several cents higher for the year, but grades did not necessarily move together or to the same magnitude.”
Indeed, while prices have been trending down since the steep increases last fall, they’re still ahead of where they were for much of last year. What’s more, resin rose $.01/lb over the last week, and one producer just nominated another increase for February of $.04/lb. While it’s too early to tell if that will take hold, there are some rumblings that other producers will follow suit. As always, we will keep you updated on any major developments.
As for our schedule, we’re currently looking at 2- to 3-week lead times, and we expect those to tighten up a bit now that the holidays are behind us and 2018 is in full swing. If you’re planning any orders for the next month or two, now would be a great time to reorder or request a quote.
If you have any questions or comments about this update or would like to place an order, please let us know. Thank you for your continued business, and we look forward to serving you.
Dec 4, 2017 | Uncategorized
Author, entrepreneur, and marketing legend Seth Godin recently posted a thought-provoking piece called The Unfair Advantage. It’s short, so there’s no point in summarizing. Here it is in its entirety:
Here’s a sign I’ve never seen hanging in a corporate office, a mechanic’s garage or a politician’s headquarters:
WE HAVE AN UNFAIR ADVANTAGE:
We care more.
It’s easy to promise and difficult to do. But if you did it, it would work. More than any other skill or attitude, this is what keeps me (and people like me) coming back.
When I read this, I was immediately struck by how relevant it is to our perspective at A-Pac Manufacturing. Our quality policy is “to provide the best bag- or film-buying experience available in our product niches.” We take that to mean not only using the best raw materials to make the best quality poly bags we can, but also providing an exceptional experience for our customers throughout the buying process. Maybe we haven’t explicitly said it, but we truly do believe we care more than the competition. We hope we have proved that to you with friendly interactions, quick response times, and always going over and above what you expect from your poly bag supplier.
Our commitment to providing the best bag-buying experience is a comprehensive one—that is, one that not only includes the end product but how you’re treated along the way. We believe we care more, and we believe that gives us an unfair advantage. We hope you agree.
Nov 3, 2017 | Uncategorized
As you know, there’s been no shortage of news related to resin pricing over the last couple of months thanks to Hurricane Harvey. Now that November is here and some of the dust has settled, we thought it would be a good time to send out another update.
The proposed resin pricing increases of $.07/lb we mentioned last time have indeed gone through, with some producers even adding in an additional $.03/lb, for a total of $.10/lb since August.
To help understand why this has happened, let’s look at what The Plastics Exchange said in their most recent update:
Harvey’s impact on PE production was extreme, with many reactors shut for varying lengths, [and] operating rates only averaged 75% in Sept. Rapidly rising spot prices curtailed incremental exports, with less than 600 million lbs sent offshore, while domestic demand remained healthy. Together overall demand contributed to a massive 435 million lb upstream inventory drawdown, which was quite evident in tight Sept/Oct supplies.
Now that most petrochemical plants have come back online and supply issues seem to be easing, we hope this will be the last of the increases for a while.
As for lead times, we’re currently looking at a 3 to 4-week window. If you know you’ll be placing an order in the next month or two, please let us know as soon as you can so we can schedule accordingly. We always strive to meet 100% of all our due dates, but any advance notice you can give us would be much appreciated.
If you have any questions or comments about this update or would like to place an order, please send us an email or call us at (800) 272-2634. Thank you for your continued business, and we look forward to serving you.
