Pretium Packaging

Business Problem Statement

The subject Company, Pretium Packaging, LLC, has inherited through acquisition, a number of legacy IT systems, processes and applications that promote redundancy and inefficient decision making due to a lack of system integration. This redundancy has even affected customer perception of Pretium. Pretium’s web presence gives the customer a sense of many different companies that do not communicate with one another. This paper will discuss and address Pretium Packaging’s web presence and the potential opportunities for systemic improvements by implementing a more ubiquitous web strategy, comprised of a higher degree of business application integration.

Introduction

Pretium Packaging, LLC, is a private rigid plastic container manufacturing company headquartered in St. Louis, MO. Pretium Packaging was formed in 1992, and has 1,000 plus employees spread across ten plants in North America; two plants in Canada, and eight plants in the U.S., with annual revenues of $180 million. The company has primarily grown over the years through acquisition. The company provides blow molding capabilities of rigid plastic bottles and containers, and offers other value-added services such as engineering technical resources to customers to assist them with new packaging design projects, beginning with concept generation via the use of 3-D CAD tools such as Solid Works and Pro-E, continuing through the developmental process of final packaging design, labeling and silk screen artwork, and developing the necessary molds and tooling required for the project. In addition to engineering project management, other value-added services include customer inventory management programs. Pretium Packaging offers blow molding processes that encompass several industry platforms: Injection Blow Molding (IBM), Extrusion Blow Molding (EBM), Injection Stretch Blow Molding (ISBM), and Injection Molding (IM).

Pretium Packaging’s business model consists of focusing on five primary industry market segments: Pharmaceutical, Personal Care, Food and Specialty Beverage, Household-Industrial-Chemical, and Agricultural Chemical. Pretium markets its services through a direct sales force, and also