We go to the doctor to make sure we're healthy, to prevent future illness, and to ask questions about healthy living habits. Your labeling system needs that same kind of attention. Read on to find out why it’s important to evaluate on a regular basis.
1. Business growth or changes in the market
2. Changes within your current technology environment
3. Business initiatives that affect your future labeling system
4. Ever-changing labeling regulations
5. New demands from your customers & suppliers
If you answered ‘yes’ to any of those signs, you’re not alone. In a recent study, we asked our customers when the last time was that they evaluated their labeling system. 30% have waited over 3 years, and another 20% have never evaluated. In order to prevent labeling emergencies and implement healthy habits, we recommend evaluating your labeling system quarterly. Read on to learn about five common signs that it's time to evaluate your labeling system.
Let’s take a closer look at the 5 signs:
1. Business Growth
The goal of running a business is to make money, right? A great way to make more money is by expanding your company. When you’re at the heart of experiencing growth, it makes sense to evaluate your current labeling process to identify if it will support your future business needs.
Common business growth events that impact labeling:
2. Changes in your Current Environment
Labeling can be a ‘set it and forget it’ effort for a lot of businesses. Change happens and it’s important to stay up to date with current technology to avoid compatibility issues.
Common technology environment changes that impact labeling:
Enterprise Resource Planning (ERP)
Warehouse Management System (WMS)
Supply Chain Management (SCM)
3. Business & Process Improvement Initiatives
There are always new trends to follow to keep a healthy and balanced life. The same is true for your business system.
Common business & process improvement initiatives that impact labeling:
There is a lot of business value and benefit for companies to ‘go green," that revolves around using fewer resources that will result in saving your company money, reducing waste, and driving business sustainability.
Lean labeling is a great way to reduce wasted time, resources, and cost by applying lean principles to your labeling system. There are a few ways to go about this:
1. Identify waste in your software maintenance, label design, and printing processes
2. Automate steps of the printing process to save time and money
3. Integrate labeling with your business systems for greater ROI
Companies eventually reach a point where they must rebrand or design new labels. To streamline that process, it can be extremely helpful to standardize your entire labeling system. Technology standardization can help to improve productivity and minimize IT costs by reducing the number of tools you have in your environment. Standardizing to the same brand, edition, and version of labeling software across your business is a good first step.
4. Regulatory Compliance for Labeling
Labeling regulations are often introduced to improve traceability or protect consumer and worker safety. Many of these regulations require your labels to follow strict guidelines so that you remain compliant across industries.
How might these affect your labeling system:
5. Customers Demanding More from your Labeling Capacity
Customers and suppliers can contribute to the complexity of your labeling system. The more organizations that your company works with, the more rules you must follow. Therefore, it’s crucial that your company is prepared to meet demands at every turn.
Not meeting these expectations could result in:
Give your labeling system the care it needs and evaluate your labeling system when faced with these 5 signs.
Get started by requesting a free assessment of your labeling system here.
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