Tag: Rental

Get to a Place Where You Can See Something

In episodes of Dual Survivor, the hosts of the show often speak of “getting to a place where you can see something.”

In the case of this Discover Channel reality series – this means getting to a place where you can see your way out (of the jungle, desert, etc.) in order to survive.

Surviving in the CPG space also means getting to a place where you can see something – results, increased revenue, what works, and what doesn’t.

Instead of climbing a tree or mountain, brand owners navigate the supply chain to release new products and packages into the marketplace.

New ideas for packaging, new product ingredients, or completely new products get into a queue.

However, these new ideas negligibly or worse yet negatively impact revenue while incurring costs with no production or sales.

Until launched in the market, these are a cost burden.

Quickly moving to a point where you can see favorable ROI is the goal.

Frain Integration specializes in getting brand owners to the market faster with more ideas with less committed capital per project.

Most importantly, our advanced approach captures revenue, previously not captured, through expedited packaging equipment delivery from our vast inventory, expertise, and manpower.

Brand owners diversify project initiatives by allocating funds towards more projects via equipment rental and leasing terms, quickly cutting off losers and dialing up production on winners.

Frain Integration has worked with numerous Fortune 100 companies to integrate completely new product packaging lines to market several months sooner than traditional methods.

Within this interim, the brands we’ve worked with have increased their capacity to find new winning combinations of packaging and product mix, while most importantly securing millions more in previously uncapitalized revenue based on timing constraints of traditional approaches.

Not every project is a winner.

But, surviving in today’s quickly evolving marketplace takes a competitive advantage of finding ways to test new ideas quickly and gain a vantage point over your competition.

Let us help you get to higher ground.

Equipment Buyers Don’t Shop

When we talk to equipment buyers, they aren’t shopping in a traditional sense of browsing the internet or stores for deals.

Most machine or packaging line purchasers are looking for something very specific, i.e. bottling line, cartoner, case packer, liquid filling line, stretch wrapper, palletizers, etc.

Many of our customers come to us first for the following reasons:

  • Frain’s huge inventory of new and used packaging and processing machinery – from individual machines to complete lines
  • New and rebuilt machines – every machine ships certified pre-owned, parts warrantied and satisfaction guaranteed
  • We get it to you fast with purchase, rental and lease options so you can adjust to seasonal demand, contract projects, and increased production for whatever reason
  • Free consultation with our engineers guarantee the best approach for their line or machine without the hassle of being sold into the wrong machine
  • Needs are fluid, they can rent, lease or purchase the machine from Frain and return it or sell it back to Frain to maximize cash flow, footprint or upgrade capacity with new machinery from our inventory
  • We dot I’s and cross T’s with shop-to-shop hand-off calls and video/onsite factory acceptance testing, FAT
  • Installation, start-up, training, and field services
  • Frain has over 35 years of expertise with many staff members here for the majority or full length of that duration

 

Sustainability Through Shared Access of Machinery

Frain’s commitment to sustainability through shared access began in 1984 when Mr. Richard Frain developed Refco Investments: a part of Frain that provides an innovative rental program and a traditional capital equipment leasing program. Through this sector, Mr. Frain changed the direction of the company’s carbon footprint, and unknowingly created an outline for what is now known as a shared economy.

According to David L. Chandler of MIT News Office, “production of a ton of steel generates almost two tons of CO2 emissions…” Repurposing Frain’s equipment back into the work place- or through shared access of machinery- saves 686,000 pounds of new machinery, and 433 tons of greenhouse emissions in one year [2015]. Our climate controlled warehouse further increases the repurposing life span, and the quality of equipment we introduce to our clients.

“This [green effort] is a perception of the company that is not known.” states James Mallory- Senior Engineer at Frain Industries, “Our commitment to sustainability comes directly through shared access, and highly impacts the way this company runs.”

Mr. Mallory sheds light on a widespread phenomenon known as a shared economic model and its connection to environmental success. For those unfamiliar with the term, a shared economy allows individuals to borrow or rent assets, primarily of high value, in substitute of a purchase. As interest in ownership diminishes, the popularity of shared access continues to rise. Companies- like Frain- push for quick and reliable access of products and services that are environmentally conscience.

Shared access of machinery saves:

  • 1,238 machines
  • 6,196 parts
  • 13 tons of machinery
  • 3 tons of test materials

Building on the foundation Mr. Frain created, and understanding the simultaneous impact it has on the company, Frain is rapidly increasing green efforts by reducing waste, repurposing equipment, recycling materials, increasing awareness through summits like the Uber Revolution Pack Summit, and providing resources like Uberization: Maximizing Idle Assets.

 

Resources:

https://news.mit.edu/2013/steel-without-greenhouse-gas-emissions-0508

Uberization: Maximizing Idle Assets

We are living in an era where technology and instant access is the norm, in particular to millennials.  With expectations and priorities set differently compared to other generations, businesses like Uber are providing services to accommodate these expectations.

For those that are unfamiliar with Uber, it is a service where passengers are matched to nearby, certified drivers and mechanically-inspected vehicles ranging in sizes to accommodate passenger requirements. Uber provides individuals with reliable, instant access to what they want, when they want it, and for as long as they need it-transforming a former idle asset into a vital societal component.

Very similarly, Frain uniquely provides trusted, reliable, and accessible equipment assets:

  • Certified, pre-owned packaging and processing equipment
  • Within 6 weeks – typically taking 5x longer via OEMs
  • For rent and return at our customer’s convenience

70% of Frain customers say that response time is what they appreciate most about working with us:

“Response time on issues and questions was great!”

“The team is informative and makes every effort to meet our deadlines.”

Frain’s rental program gives clients an edge by providing single units, multiple machines, or complete lines without the need of ownership or expense. The Speed to Market strategy, as another illustration, cuts equipment lead time by 60-75%.

A glance at Frain’s Uber-like offering:

Uber Blog

Frain Integration is an extensive concept that was developed to facilitate our customers need to successfully integrate equipment. Unlike OEMs, Frain does not have loyalty to specific manufacturers giving our customers an advantage to integrate the equipment that best suits their application. It is the ideal solution for individuals that want an all-inclusive service when increasing production, partnering with contract packagers, partake in a new product roll out, and more.

A glimpse at Frain Integration’s functionality:

  • Complete integration of existing or certified pre-owned equipment
  • Several manufacturers available to correctly incorporate all of the units
  • Dedicated engineers and man power to target project requirements
  • May be combined with other Frain services for optimum results

Frain’s Uberization approach has responded to the growing influence of instant access by not only providing trusted and reliable services, but by maximizing and leveraging idle assets.

 

Resources
https://www.businessinsider.com/history-of-uber-and-its-rise-to-become-the-most-valuable-startup-in-the-world-2015-9
https://www.washingtonpost.com/news/dr-gridlock/wp/2015/06/04/uber-turns-5-reaches-1-million-drivers-and-300-cities-worldwide-now-what/