Softbox Systems was approached by a pharmaceutical freight forwarder to provide their LD7 Full Multi Use Low Density Polyethylene (LDPE) system as a replacement for their client's LD9 Thermal Blanket for shipping multiple pallet loads of oncology vaccine.
Data used for comparative analysis
- Shipping temperature range +2°C to 25ºC
- Maximum shipping duration 96 hours
- Shipping lanes Europe to USA and Far East
- Thermal Blanket installed in LD9 by Freight Forwarder
- Multiple product pallets loaded into LD9
- Thermal Blanket returned via Air Freight
- Inspected for damage and cleanliness at origin
- Required regular repairs and dry cleaning
- 60 Thermal Blankets purchased @ £4,000 each
- 120 LD9 shipments per annum
Two year cost of purchase and usage comparison
- Unit price of packaging system: Thermal Blanket = £4,000. Silverpod = £2,500
- Number of systems purchased: Thermal Blanket = 60. Silverpod = 25
- Total cost to purchase systems: Thermal Blanket = £240,000. Silverpod = £62,500
- Man hours to assemble one system: Thermal Blanket = 2. Silverpod = 0.75
- Total man hours to assemble 240 systems: Thermal Blanket = 480. Silverpod = 180
- Cost to assemble 240 systems @ £15/man hour: Thermal Blanket = £7,200. Silverpod = £2,700
- Cost to disassemble 240 systems @ £15/man hour: Thermal Blanket = £3,600. Silverpod = £1,350
- Cost of repairs and dry cleaning: Thermal Blanket = £24,000. Silverpod = £0
- Two year cost of purchase and usage: Thermal Blanket = £274,800. Silverpod = £66,550
Estimated two year cost savings = £208,250