Ranpak Expands Automated Packaging Portfolio with Global Launch of the Flap’it!™ Solution

Rhea-AI Summary

Ranpak Holdings Corp (NYSE: PACK) has launched the Flap’it! solution, an automated packaging machine that increases efficiency by packing small products up to five times faster than manual methods. This machine delivers a potential 50% reduction in packaging material costs and is ideal for e-commerce and logistics operations. With capacity of 540 packages per hour, it improves labor efficiency and reduces inventory needs by eliminating multiple box sizes. Early customer CEWE highlights reduced hiring during peak periods and improved packaging quality.

Positive

• New Flap’it! solution automates packaging, increasing speed up to 540 packages per hour.
• Offers up to 50% cost reduction in packaging materials.
• Reduces need for multiple box sizes, saving on inventory costs.
• Improves packaging quality and reduces delivery times for customers.

Negative

• None.

Innovative automated solution packages a variety of small products five times faster than manual packaging and delivers up to 50% cost reduction in materials

CONCORD TOWNSHIP, Ohio--(BUSINESS WIRE)-- Ranpak Holdings Corp. (“Ranpak”) (NYSE: PACK), a global leader of environmentally sustainable, paper-based packaging solutions for e-commerce and industrial supply chains, today announced the global launch of the Flap’it!^TM solution, a highly efficient machine that automates the packing of a variety of small products.

Flap’It! creates a tidy, flat package that can easily be placed in a postal box. (Photo: Business Wire)

The Flap’it! solution automatically adapts to the height of the item and secures the product in place with inner-flaps and integrated cushioning bumpers at the corners. This ensures that products are protected during shipment, significantly reducing costs, damage and product returns. The system is run by a single operator and can easily be moved around the facility; additionally, it includes a number of safety features and has a small physical footprint. Flap’it! can pack up to 540 packages per hour, nine packages per minute – five times faster than manual packing. The machine is integrated with labeling solutions for in-line application of shipping labels and because it uses blanks to form the packages, Flap’it! eliminates the need to store multiple box sizes in inventory. Once received, packages are easy for the recipient to open, with no need for knives, scissors, or other tools. Small parcels can be delivered via traditional mail.

“The global launch of Flap’it! is the latest example of how Ranpak is strategically investing in innovative automated packaging solutions to deliver cost-savings, efficiency gains and sustainability benefits to our customers,” said Omar Asali, Chairman & Chief Executive Officer of Ranpak. “We are pleased to add Flap’it! to our growing portfolio of sustainable automated packaging solutions to help our customers improve their supply chain performance, lower their labor and materials costs, and reduce their environmental impact.”

The Flap’it! solution is ideal for e-commerce and logistics operations such as, B2C sellers of books, photobooks, personalized gifts, music, games, art and small electronics; and for B2B operations shipping smaller spare parts. B2C sellers of some beauty and personal care products will also find this packing solution highly valuable. Flap’it! easily fits into a typical pick-then-pack process and can package products with a maximum height of 80 mm (3.15 inches). It is easy to use, requires minimal operator training, and can deliver up to 50% cost reduction in packaging material with no corrugated waste. It also offers a higher quality unboxing experience when compared to pillow bags.

One early Flap’it! customer is CEWE, the Germany-based leading photo service in Europe, shipping more than six million photobooks per year. By implementing multiple Flap’it! units, CEWE has been able to reduce the number of temporary workers hired during peak periods and has automated 30% of its total packing operation, reducing delivery time to the end customer and improving pack quality by providing greater protection of goods shipped.

For additional information about Flap’it!, please visit https://www.ranpak.com/automated-solutions/flapit/. For information about other innovative, paper-based packaging solutions from Ranpak, please visit www.ranpak.com.

About Ranpak

Founded in 1972, Ranpak's goal was to create the first environmentally responsible system to protect products during shipment. Ranpak’s mission is to deliver sustainable packaging solutions that help improve supply chain performance and costs, reduce environmental impact, and support a variety of growing business needs globally. The development and improvement of materials, systems and total solution concepts have earned Ranpak a reputation as an innovative leader in e-commerce and industrial supply chain solutions. Ranpak is headquartered in Concord Township, Ohio and has approximately 850 employees. Additional information about Ranpak can be found on its website: https://www.ranpak.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220721005049/en/

Investor Inquiries:

Bill Drew

ir@ranpak.com

US Media Inquiries:

Cory Ziskind

ICR 646-277-1232

Cory.Ziskind@icrinc.com

EMEA Media Inquiries:

Monika Dürr

duomedia

+49(0)6104 944895

monika.d@duomedia.com

Source: Ranpak Holdings Corp.

FAQ

What is the Flap’it! solution launched by Ranpak (PACK)?

Flap’it! is an automated packaging machine that packs small products five times faster than manual methods, improving efficiency in e-commerce and logistics.

How much can the Flap’it! solution reduce packaging material costs?

The Flap’it! solution can reduce packaging material costs by up to 50%.

What is the packaging capacity of the Flap’it! solution?

The Flap’it! can package up to 540 packages per hour, or nine packages per minute.

How does the Flap’it! solution benefit e-commerce sellers?

It automates the packing process, reduces delivery times, and improves packaging quality, which is beneficial for e-commerce sellers.

Who is an early adopter of the Flap’it! solution?

CEWE, a leading photo service in Europe, is an early adopter, automating 30% of its packing operations.