Current Issues

Regular Industry Development Updates, Opinions and Talking Points relating to Manufacturing, the Supply Chain and Logistics.

The Road to Regulatory Compliance for Your Supply Chain Labeling

04-Jun-2018
The Road to Regulatory Compliance for Your Supply Chain Labeling
While relevant regulations and specific practices may differ from one industry to another, there are a few priorities supply chains of all kinds share when it comes to improving their industrial labeling performance.

In today's fast-moving industry, each development has the potential to cause new problems. ThomasNet pointed out the globalization of sourcing has created new opportunities for firms - along with visibility and traceability issues. The general evolution of the industry shows no signs of stopping.

On a positive note, enterprise leaders will likely find value in modernizing their operations, as the same upgrades they embrace to become compliant with regulations can have a positive impact on overall collaboration and efficiency.

The supply chain's overall move toward digital processes will involve leaving outdated means behind - with Gartner Chief of Research David Willis calling for a "bimodal supply chain" of immediate digital transformation.

The following are five ways organizations can enhance their compliance with important regulations and generally improve their operations:
  1. Standardize and Centralize Labeling: When labeling systems differ between departments and, more importantly, an entire enterprise at large, this isolated and disconnected model naturally leads to visibility and consistency problems. Dealing with regulatory bodies becomes easier when there's a standardized labeling solution with central data serving the whole organization, no matter how geographically dispersed it is. Today's solutions can even extend beyond company walls, creating direct links with supply chain partners. 
  2. Integrate with Sources of Truth: The data fueling supply chain labels should come straight from existing business applications or regulatory databases to keep it consistent. This not only improves accuracy immediately, but it also helps firms adjust to changes - updating the main database will have an immediate impact on labels. 
  3. Enable Collaboration and Control Between Multiple Stakeholders: Instead of having needing to rely on the IT team, it's now possible to empower business users and a range of stakeholders to gain access and control over the label elements they're responsible for. Different departments, including regulatory, can collaborate to make changes, review and approve in a more timely manner. 
  4. Monitor and Capture Data: When labeling management systems have business intelligence tools built in, companies can design reports that address regulatory compliance. Real-time dashboards can deliver data on everything from guideline obedience to key performance indicators targeting performance. 
  5. Be Ready to Expand: With each new market entered, there are fresh requirements to meet. Companies with high-quality automated and integrated Enterprise Labeling Solutions will be better suited to make the necessary changes quickly, without harming productivity. Unless they find ways to comply in a timely manner, these organizations may be faced with significant fines and find their shipments delayed at customs, representing a major setback.

With the Intelligent Enterprise, SAP Creates “A Completely Different Kind of Flexibility”
3 days ago
The supply chain is only as strong as its weakest link
4 days ago
‘A revolution happened in the way we buy services last week – and no one has noticed!’
5 days ago
Hot Topics at GS1 Connect? Labeling, Blockchain and More
5 days ago
Retailers must Embrace Change
6 days ago
Labeling Solutions That Bridge Islands of Data
1 week ago
My Journey to the World’s Most Important Gathering of Supply Chain Leaders
1 week ago
Workforce of the Future
2 weeks ago
Securing your supply chain against political uncertainty
2 weeks ago
On-demand warehousing could help retailers score big this summer
2 weeks ago
Half of organisations set for major procurement and supply chain AI investment within two years
2 weeks ago
Brexit, the weather & online shopping: How Britain’s favourite conversations are shaping supply chains
2 weeks ago
The War on Packaging
3 weeks ago
Five data dramas that keep your CIO awake at night
4 weeks ago
As sales fall new report finds many department stores’ websites suffer from clunky integration and poor delive
1 month ago
Got Your Surfboards Ready to Master the Wave of Digitalization?
1 month ago
TrustArc to Offer IAPP Privacy Core® GDPR Training to Address Compliance Requirements
1 month ago
The Market has never been Stronger for Horizontal and Vertical API Platforms
1 month ago
Selecting the best Transport Management System - One of the most important logistics decisions you’ll make
1 month ago
“Digital Transformation” and Supply Chain Planning
1 month ago
Coolest Advice for Making Blockbuster IoT Devices?
1 month ago
The Fall of ‘Made in China’
1 month ago
How can artificial intelligence help the food industry?
1 month ago
Streamlining Operations With Waveless Picking
1 month ago
Creating a common standard for the fashion supply chain…
1 month ago
5 Steps to Improve Your Business’s Supply Chain
1 month ago
Procurement is joining the dots with technology to achieve greater strategic benefits
1 month ago
Don’t get red-carded shipping World Cup items into Russia
1 month ago
Trash talk: how waste management could become an engine for business growth
1 month ago
Could consumers drive a business tech revolution?
2 months ago
Jungheinrich Opinion: The Connected Engineer
2 months ago
Debunking the myths of the Hybrid Cloud
2 months ago
How to Future-Proof a Retail Business
2 months ago
How Enterprise Label Solutions Streamline Supply Chain Management
2 months ago
Ignorance 4.0? UK manufacturing and engineering competitiveness at risk from lack of knowledge
2 months ago
Untangling S&OP and S&OE
2 months ago
The ghosts of retail past, present and future
2 months ago
How to safeguard customer loyalty using digital platforms
2 months ago
The last mile starts with a single step
2 months ago
How citizen developers can speed up business app development
2 months ago
RFID – The missing link in customer insight
2 months ago
Turning blockchain into a real supply chain advantage
2 months ago
Achieving a Sustainability-Centric Retail Model
2 months ago
Gartner Says Global IT Spending to Grow 6.2 Per Cent in 2018
2 months ago
Monster opportunity: the Vampire Economy will take wings this year with late night deliveries
2 months ago
Falsified Medicines Directive: What are the practical considerations for wholesalers and Logistics Partners?
2 months ago
UK manufacturing sees solid growth in March
2 months ago
Elevating IT in financial services
2 months ago
The best, not the biggest
2 months ago