In this episode of the Econo-Pak podcast, CEO PJ Wiebel joins host and General Manager Mike Mead to discuss the benefits of using a fixed-cost pricing model in co-packing contracts.
PJ explains how this pricing approach provides stability and predictability for food companies by locking in a set price for packaging services over a 12-month period. This eliminates the unpredictability of variable costs that many manufacturers face, allowing them to better manage their budgets and focus on growth.
Tune in to learn how Econo-Pak ensures efficiency while maintaining profitability within a fixed-cost model.
Watch the interview on YouTube!
Read the interview on our blog!
Timestamps
0:00 - 0:06 – Welcoming CEO PJ Wiebel
0:06 - 0:15 – Discussing fixed-cost model
0:15 - 0:48 – Variable vs. fixed costs
0:48 - 1:16 – Econo-Pak's pricing approach
1:16 - 1:49 – Efficiency and cost benefits
1:49 - 2:21 – Margin stability explained
2:21 - 3:07 – Forecasting and scheduling
3:07 - 3:15 – Client demand for fixed costs
3:15 - 3:44 – Growth in food contract packaging
3:44 - 3:53 – Conclusion
Econo-Pak is your source for contract food packaging and contract food manufacturing services for all dry food products. Our highly-automated facility of 200+ machines and 800+ production workers is set up to help you scale your product into new markets.
Follow us on social media:
Visit us online to view our contract food packaging and contract food manufacturing capabilities at econo-pak.com.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!