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CASE STUDY Redwood Delivers Cost and Performance Improvements for LK Packaging
MARKET: PLASTICS PACKAGING AND CONTAINER MANUFACTURING
LK Packaging, formerly known as Elkay Plastics, has been a trusted provider of stock and custom packaging solutions for over 50 years. Specializing in films, bags, and containers, LK serves a diverse range of industries, including food processing, food retail, food service, industrial, and healthcare sectors. Headquartered in Los Angeles, California since 1968, the company operates offices and distribution centers in eight major markets across the United States. LK Packaging is renowned for its high-quality products, innovative solutions, and an unwavering commitment to teamwork, integrity, and accountability.
THE CHALLENGES
- Rising logistics costs across distribution sites
- Manual transportation planning without technology or data
- Missed LTL cost-saving opportunities
- Strict delivery standards in food packaging
- Need for better carrier strategy and shipping efficiency
THE SOLUTION
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Redwood off ers a range of solutions to meet the growing needs of shippers in multi-echelon distribution networks. LK Packaging partnered with Redwood as their Logistics Service Provider (LSP) to manage freight procurement, develop KPIs, negotiate with carriers, and drive continuous improvement.
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Through collaborative design, Redwood swiftly implemented the Infios Transportation Management System (TMS) for LK. This system enables LK to utilize multiple transport modes, perform electronic tendering, assign tracking immediately, and consolidate shipments, resulting in consistent cost savings, enhanced delivery service levels, and expanded technological capabilities. Additionally, Redwood manages local cartage carrier contracts through the TMS.
THE RESULTS
Enhanced product availability
Six-figure savings
Access to data with 99% accuracy
Reduced lead times
+10% savings on parcel spend
KEY TOOLS
FTL multimodal brokerage services
LTL managed services
Local cartage carrier contract management
Infios TMS
Redwood Parcel
Redwood ensures we maintain our collective commitment to Operational Excellence across LK Packaging’s Value Chain. This partnership illustrates the potential for Distribution Supply Chains to operate in unison with a shared obligation to excellence
and perfect handoffs across fulfillment. As a Logistics Manager, one can never overprepare for uncertainty. Redwood is an added vantage point discerning truth from false in a global supply chain where salt looks just like sugar.