Do you sell your product in bulk bags by a standard weight? Do you know how much product you are giving away for free?
Do you sell your product in bulk bags?
If you sell your dry bulk solid product in bulk bags according to a standard weight per bag, you are probably overfilling each bag to avoid shortchanging your customer.
The critical question is: how much are you overfilling? And how much does this cost you?
Is the overfill 10lb/ 5kg or 300lb / 135kg? This amount may sound ridiculous but we have witnessed bulk bags being consistently filled 300lb / 135kg over the target weight.
If you don’t know how much you are over the target weight you are filling your bags, you should find this out as soon as possible.
What does this mean for your bottom line?
If your current overfill is 10lb/ 5kg and you reduce it by 8lb / 4kg, this difference is put into the next bag and sold for a profit rather than being given away for free as it is now.
Accounting wise, this will show up as incremental recovered revenue and will fall straight to the bottom line as incremental profit.
Do yourself a favor:
Do yourself a favor, determine your average overfill as soon as possible. If it is over by 5lb / 2kg you could significantly improve your profitability by rethinking and reworking your bulk bag weighing system.
If in doubt, ask the experts! At Spiroflow we have over 45 years experience in the dry bulk solids industry and we can help and advise on the best equipment for accurate weighing. Contact us here.