Labelling as part of the supply chain is a costly business and in need of a medic! With the bottom-line being a priority for any organisation, seeking areas to deliver better efficiencies is key. Yet finding the correct treatment isn’t always easy. Labelling postponement may be one such treatment.
In a recent survey, the key drivers cited by manufacturers for changes in labelling processes were; to reduce waste (32%), to control costs (25%) and to improve supply chain efficiency (43%). By adapting existing label production methodologies and printing on demand, organisations could address all these symptoms, all at once.
How? With expanding organisations, either distributing products or opening production sites in multiple countries, new complexities are added to the supply chain, such as local language labels and regional regulations and requirements. To sit on pre-printed labels can be a dangerous game. Not only can excess labels end up as expensive waste but exposes you to the risk of them finding their way onto the counterfeit market.
The ability to customise labels at the point of print with approved regional requirements and built in inspection as part of a validated system, means the right label goes on the right product, without error and accelerating lead times. An end-to-end label lifecycle management system with automated checkpoints ensures errors are avoided, giving companies greater visibility and control over their labels to postpone printing until the moment of need.
Labelling postponement may just the medic we’ve been looking for...