SlideShare a Scribd company logo
1 of 14
Download to read offline
Our  second  annual  Top  5  Trends  in  Enterprise  Labeling  report  showcases  how  labeling  has  become  a  strategic  part  of  the  supply  chain  as    
technology  continues  to  evolve  and  businesses  expand  globally.  These  trends  which  involve  global  regulations,  standardizing  and  integrating    
and  the  ‘2014  Enterprise  Labeling  Trends  Survey.’  This  survey  polled  over  500  supply  chain  professionals  from  organizations  across  all  major  
industries  to  inquire  about  labeling  challenges  and  requirements  that  are  impacting  their  business  in  2015  and  in  the  future.  
TOP TRENDSIN ENTERPRISE LABELING
2015
~  2  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
BUSINESSES ARE STANDARDIZING LABELING
FOR CONSISTENCY & EFFICIENCY
As  business  continues  to  expand  globally,  com-­
-­
izing  their  labeling  across  global  supply  chains.  
Standardizing  enables  labeling  consistency,  
and  dramatically  streamlines  maintenance  and  
oversight,  while  offering  the  control  to  make  
rapid  label  changes  throughout  the  supply  chain.  
This  standardized  approach  also  helps  global  
companies  ensure  business  continuity  in  the  face  
of  disaster  and  empowers  them  to  meet  complex,  
global  and  high  volume  labeling  demands.
There are three important drivers behind the push
to standardize:
1) Providing Simplified Maintenance and
Deployment: Offering the ability to centralize and
deploy a standard labeling solution provides a wide
range of benefits. Rather than manage multiple dif-
ferent systems, this standardized approach enables
companies to streamline maintenance while support-
ing enterprise-wide labeling changes. In addition to
reducing cost and simplifying maintenance, having a
single, scalable solution facilitates expansion to new
global locations.
60%  of  all  $1B+  Companies
HAVE ALREADY STANDARDIZED ON A LABELING
SOLUTION OR PLAN TO IN THE NEXT FIVE YEARS
TREND
LABELING
1
~  3  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
2) Ensuring Labeling Consistency: As businesses
extend their reach across the global supply chain, it’s
critical they maintain labeling consistency across mul-
tiple markets and regions. By taking a standardized
approach, companies can ensure that a common set
of labels, centralized applications and data sources are
used across the supply chain.Also, ensuring consis-
tency helps support compliance with brand standards
which can rely on labels to help businesses differenti-
ate their products, build relationships and maintain
customer’s trust regardless of where in the world
labels are printed.
3) Supporting Business Continuity: Both natural
and man-made disasters can have a significant impact
on a company’s supply chain and ultimately result in
substantial financial consequences. Just as companies
might shift production from one facility to another,
a standardized approach to labeling allows them to
rapidly shift label production in the same manner. By
standardizing on a central labeling solution, compa-
nies can leverage the data and labels needed to keep
the supply chain flowing and minimize the impact
during a disruption.
TREND
LABELING
TREND
LABELING
1 TREND
LABELING
3 TREND
LABELING
4 TREND
LABELING
5
~  4  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
INTEGRATED, DYNAMIC LABELING
IS ESSENTIAL
Today’s  labeling  needs  to  be  both  dynamic  and  
data-­driven  to  meet  evolving  customer  and  
regulatory  standards.  Customers’  labeling  
requirements  are  more  demanding  and  variable  
than  ever  and  businesses  failing  to  meet  those  
the  sources  of  truth  for  label  data  allows  compa-­
nies  to  automate  labeling  processes  directly  from  
enterprise  applications  while  ensuring  label  data  
accuracy.  This  approach  reduces  the  need  to  
maintain  countless  permutations  of  labels,    
labeling  and  empower  companies  to  quickly  re-­
spond  to  evolving  regulatory,  language,  region-­
Customer responsiveness in labeling typically centers
on meeting the following expectations:
1) Integration with Business Systems is
Imperative: Integration models which support the
seamless exchange of data and eliminate the need for
manual processes allow companies to maintain their
existing systems and user interactions, while automat-
ing their labeling processes and improving overall
efficiency.Although on-demand printing of labels is
TREND
LABELING
1
68%  of  all  $1B+  Companies
PLAN TO INTEGRATE LABELING SOLUTIONS
WITH THEIR ENTERPRISE APPLICATIONS
IN THE NEXT FIVE YEARS
PRODUCT PRODUKT
PRODUIT
~  5  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
still important for many businesses, integrating label-
ing with enterprise applications and existing business
processes is a best practice for labeling in today’s
global supply chain.
2) Meeting Customer & Regulatory Require-
ments: More than ever customers are imposing
labeling requirements including unique formats,
barcodes, logos, languages, and data attributes.Also,
new standards and regulations are dictating which
requirements need to be applied to labels to meet
compliance. Companies are seeking the capability to
meet a wide range of variable labeling requirements
without forcing an overwhelming amount of manual
oversight.Without the ability to meet these customer
requirements, businesses are faced with costly and
time-consuming relabeling, increasing fines, customer
dissatisfaction and loss of business.
3) Allowing Rapid Label Changes: Today busi-
nesses must be able to respond in a timely fashion to
a wide range of customer and regulatory demands.
Without the ability to streamline label changes,
companies will be confronted with missed delivery
dates, hefty fines and dissatisfied customers. Configu-
rable business logic allows business users to quickly
and easily support new requirements, enabling label
formatting and content to be changed dynamically.
CUSTOMERS ARE SPECIFYING WHERE
DATA ELEMENTS MUST APPEAR
MEETING FORMATTING
STANDARDS
20%
TREND
LABELING
~  6  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
66%  of  all  $1B+  Companies
HAVE SIX OR MORE SITES ACROSS THE
SUPPLY CHAIN INVOLVED IN LABELING
LABELING INTERSECTS THE
SUPPLY CHAIN AT ALL LEVELS
Labeling  has  become  a  significant  consider-­
ation  for  supply  chain  activities  that  span  from  
upstream  production  to  downstream  distribu-­
tion  and  delivery  of  finished  goods.  To  ensure  
an  effective  supply  chain  strategy,  companies  
must  consider  how  labeling  intersects  all  levels  
of  their  supply  chain.  This  is  especially  true  
with  evolving  demands  such  as  globalization  
of  manufacturing,  safety  and  quality  of  prod-­
ucts,  shorter  lead-­times,  lean  business  environ-­
ments,  and  changing  market  dynamics.  By  
adopting  this  mindset  businesses  are  able  to  
become  more  responsive  and  efficient  through-­
out  their  supply  chain.
There are three important considerations behind label-
ing intersecting the supply chain:
1) Increasing Supply Chain Collaboration:
Supply chain collaboration aligns processes to stream-
line business, allowing global companies to reduce costs
and add value to partners throughout the supply chain.
Collaboration allows suppliers and business partners to
work together to define their requirements for labeling.
This allows business partners to deliver compliant labels
that are specifically designed to have the attributes,
data content, formatting and symbologies needed to
improve efficiency, expand productivity, increase com-
petitive advantage and meet customer demands.
TREND
LABELING
3
~  7  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
2) Extending Labeling for Business Partners
and Suppliers: Collaboration allows businesses
connected within the supply chain to work together
and extend access to labeling solutions.To engage in
true collaboration, businesses must provide centralized
control, allowing partners access to essential label-
ing capability, while ensuring that data needed for
labeling is made securely accessible for label printing.
This approach safeguards label accuracy and ensures
adherence to corporate and brand standards.
3) Reducing Occurrences of Mislabeling and
Relabeling:Adhering to standards and business
requirements so that all goods are properly labeled is
imperative in successfully moving product throughout
the supply chain. If not, mislabeling can mean a lack of
compliance and result in loss of business, costly fines
or returns due to downstream processing errors.At the
same time, the need to re-label can cause operational
efficiency delays and downstream processing costs.
However, implementing a common approach to labeling
can offer consistency and minimize the need for redun-
dant labeling processes.
TREND
LABELING
3
54%  
of  all  $1B+  Companies
ARE FORCED TO RE-LABEL PRODUCTS OR
MATERIALS FROM SUPPLIES
~  8  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
TECHNOLOGY ADVANCES
INFLUENCE LABELING
Technology  continues  to  revolutionize  the  way  
companies  conduct  business  and  execute  business  
processes.  Cloud-­based  computing  offers  endless  
possibilities  for  outsourcing  applications  and  
computing  infrastructure,  enabling  companies  
to  concentrate  on  core  competencies.    These  new  
deployment  models  impact  many  aspects  of    
business  including  labeling.  
As  people  continue  to  think  differently  about  how  
applications  will  be  delivered,  they  are  at  the  
same  time  beginning  to  think  differently  about  
how  labeling  is  incorporated  into  these  emerging  
deployment  models.
Companies  are  looking  for  their  labeling  solutions  
to  embrace  these  new  models  from  an  access,  
integration,  and  deployment  perspective.
Three important considerations behind this trend are:
1) Accessing Browser-Based Labeling: Companies
seeking global deployment for labeling are utilizing
browser-based applications, which can dramatically
reduce the burden of installing and maintaining labeling
systems.These applications allow companies to enable
users with instant access to functionality, and provide
security over labeling visibility and access, all while offer-
ing streamlined management of global operations.
TREND
LABELING
4
By  2015,
  50%
of  Large  Global  Enterprises  
WILL RELY ON EXTERNAL CLOUD-COMPUTING
SERVICES FOR AT LEAST ONE OF THEIR TOP 10
REVENUE-GENERATING PROCESSES
(Gartner  -­  April,  2014)
~  9  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
2) Implementing Cloud-Based Technology:
Many companies are moving their IT infrastructures to
the Cloud to streamline their on-demand provisioning
of software, hardware, and data as a service. Com-
panies are either looking to integrate labeling with
existing Cloud-based systems or for solutions that can
be part of the adoption of this deployment model.The
Cloud model provides flexibility to scale, eliminates the
need for extensive disaster recovery plans and provides
automatic software updates. Business users embracing
this new technology will need labeling solutions to
work with and potentially be deployed in the Cloud.
3) Labeling Meets the Internet of Things (IoT):
A growing trend across multiple industries, IoT
impacts how businesses communicate and connect.
The opportunity to monitor and manage an entire
network of devices, sensors, and other components
provides untapped opportunities for a wide range of
solutions including labeling. Labeling is an important
component that needs to be considerd as businesses
evaluate their IoT strategy.As companies are imple-
menting their IoT initiatives they are looking to rely
on their labeling solutions to manage global printer
networks, update device settings, send print requests
and monitor status.
TREND
LABELING
3 TREND
LABELING
4 TREND
LABELING
5
TREND
LABELING
4 TREND
LABELING
5
~  10  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
EVOLVING GLOBAL REGULATIONS
CONTINUE TO IMPACT LABELING
The  effect  of  regulations  and  emerging  stan-­
dards  continue  to  impact  businesses  globally  
across  a  wide  range  of  industries.  Labeling  is  
-­
sary  to  comply  with  evolving  requirements.  
More  often  than  ever  companies  are  looking  
for  solutions  that  will  assist  them  in  achieving  
their  supply  chains  and  ultimately  loss  of  busi-­
ness.  The  GHS  (Global  Harmonized  Systems)  for  
Chemical  Industry,  the  Drug  Quality  Security  
(UDI)  for  Pharmaceutical  and  Medical  Device  
Industries,  and  the  Food  &  Beverage  Industry’s  
EU1169,  as  well  as  GS1  standards,  are  all  having  
Here is a glimpse at some of the leading regulations
and standards that are shaping the future of labeling
in today’s global supply chain.
GS1 – The GS1 system of standards continues to
play a significant role in Food & Beverage, Healthcare
and Retail industries among others. GS1 provides
standards for providing accurate identification and
communication of information regarding products,
assets, services and locations in the global supply
chain.These standards, including barcode and ID Key
Standards, offer implementation tools for traceability
throughout the global supply chain.This includes
55%
of  all  $1B+  Companies
INDICATE REGULATORY REQUIREMENTS HAVE
A SIGNIFICANT IMPACT ON THEIR BUSINESS
TREND
LABELING
5
~  11  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
Global Trade Identification Numbers (GTIN) and Global
Location Number (GLN) allocation rules for use in bar-
code labeling to support safety initiatives and enable
quick and efficient product recalls.
For more information on GS1: www.gs1.org
GHS – The GHS, which continues to impact business
in chemical and related industries internationally, is a
system for standardizing and harmonizing the classi-
fication and labeling of chemicals. From raw materials
to finished goods delivery, companies are facing more
complexity in chemical labeling with risk of heavy
penalties for non-compliance.With the fast approach-
ing deadline of June 2015, the GHS requirement is
becoming a pressing consideration for chemical com-
panies and many manufacturers, where all hazardous
materials being housed, shipped or received, require
proper labeling to abide by the ensuing GHS standard.
For more information on GHS: www.osha.gov/dsg/
hazcom/ghs.html
DQSA / DSCSA – Part of the U.S. Food and Drug
Administration’s (FDA) DQSA, the Drug Supply Chain
Security Act (DSCSA), supersedes previous state level
laws and addresses national track and trace of
certain prescription drugs to play an important role
with labeling in the pharmaceutical industry. Signed
into law in 2013, the implementation is phased over
ten years with several key requirements beginning
at various stages in 2015. By 2023, the system will
facilitate the exchange of information at the individual
package level regarding where the drug has been in
the supply chain.
For more information on DSCSA: www.fda.gov/drugs/
drugsafety/drugintegrityandsupplychainsecurity/drug-
supplychainsecurityact/
UDI – Phased in over several years, UDI, which re-
quires most medical devices distributed in the United
States to carry a unique device identifier, continues to
play a significant role with labeling in this industry.
TREND
LABELING
5
IMPROPER LABELING CAN TAKE 2-3 TIMES
LONGER AND COST MILLIONS IN REVENUES
CUSTOMER FINES
~  12  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
TREND
LABELING
5 This mandate, which was adopted in 2014, is intended
to improve patient safety and allows traceability of
medical devices from production down to medical use.
The next UDI deadline of September 2015 requires
that all labels and packages for implantable, life-sup-
porting, and life-sustaining devices bear a UDI and be
submitted to the Global Unique Device Identification
Database (GUIDID).
For more information on UDI: www.fda.gov/Medi-
calDevices/DeviceRegulationandGuidance/UniqueDevi-
ceIdentification/
EU1169 – This European Commission standard,
which increases the amount of mandatory information
required to sell food products, represents a significant
change to what and how information is displayed on
food and beverage packaging.This rule, which was
designed to make food labeling easier to understand,
went into effect in December 2014 and ensuing
requirements to include nutritional information will
begin on December 2016.Although initiated as a
European Union (EU) standard, this directive is far-
reaching and impacts suppliers, food service operators,
retailers and food business operators at all stages of
the food supply chain within Europe and any global
suppliers who import or distribute to Europe.
For more information on EU1169: http://loftware.com/
industries/eu1169.cfm
RoHS – The Restriction of Hazardous Substances
(RoHS) Directive, which originated in Europe, restricts
the use of six hazardous materials found in varied
electrical and electronic equipment. Initiated in 2006,
the mandate includes RoHS2, which proposes changes
to the original directive, with proposed compliance
dates for inclusion beginning in 2015.
For more information on RoHS:http://www.rohsguide.com/
~  13  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
MORE RESOURCES ON ENTERPRISE LABELING SOLUTIONS
SPECIAL REPORT
Labeling has become a strategic imperative that
influences a variety of key business drivers and directly
impacts a businesses top and bottom lines.
Download this special report to find out how labeling
has changed with today’s global supply chain and how
Enterprise Labeling Solutions can meet the evolving
needs of today’s enterprise businesses.
This special report can be accessed through
www.loftware.com/resources/articles
SAP® CUSTOMER WEBINAR
Hear from a joint Loftware and SAP customer as they
describe how they are addressing labeling challenges
to achieve compliance with regulatory and EHS
requirements while obtaining label ownership and
standardization across their global supply chain.
This and other customer webinars
can be accessed through
www.loftware.com/resources/webinars
ORACLE® CUSTOMER WEBINAR
Learn how UGN Inc., a full-service provider of
acoustical solutions to the auto industry, optimized
barcode labeling from Oracle throughout their
JIT supply chain using Loftware’s Enterprise
Labeling Solutions.
This and other customer webinars
can be accessed through
www.loftware.com/resources/webinars
~  14  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved.
TOP TRENDSIN ENTERPRISE LABELING
2015
  “Companies  are  clearly  thinking  more  globally  today  and  those  
supply  chain  executives  that  view  the  label  as  a  mission-­critical  
advantage  in  their  market,”  
Executive  Vice  President  of  Enterprise  Mobility  &  Connective  
Devices  at  VDC  Research,  David  Krebs.

More Related Content

What's hot

Orchestrating a Supply Chain Competitive Edge
Orchestrating a Supply Chain Competitive EdgeOrchestrating a Supply Chain Competitive Edge
Orchestrating a Supply Chain Competitive EdgeCognizant
 
Assignment scm rmg factories_id-18203004
Assignment scm rmg factories_id-18203004Assignment scm rmg factories_id-18203004
Assignment scm rmg factories_id-18203004Md.Nazrul Islam
 
Supply Chain Management
Supply Chain ManagementSupply Chain Management
Supply Chain ManagementRon Calonica
 
Trial exam questions+answers logistics and supply chain management 2
Trial exam questions+answers logistics and supply chain management 2Trial exam questions+answers logistics and supply chain management 2
Trial exam questions+answers logistics and supply chain management 2Khaoula Marai
 
RFID Based Warehouse Management of Perishable Products
RFID Based Warehouse Management of Perishable ProductsRFID Based Warehouse Management of Perishable Products
RFID Based Warehouse Management of Perishable ProductsIOSR Journals
 
Opm101 chapter4 001
Opm101 chapter4 001Opm101 chapter4 001
Opm101 chapter4 001Ahmed AS
 
P&G Supply Chain Management
P&G Supply Chain ManagementP&G Supply Chain Management
P&G Supply Chain ManagementKunal Singh
 
Unit 6 supplychainmanagement
Unit 6 supplychainmanagement Unit 6 supplychainmanagement
Unit 6 supplychainmanagement RASHMIPANWAR10
 
Supply chain management in the textile industry
Supply chain management in the textile industrySupply chain management in the textile industry
Supply chain management in the textile industryManish Tiwary
 
Future supply chain 2016
Future supply chain 2016Future supply chain 2016
Future supply chain 2016BCLadd
 
Strategic issues in Readymade Garments Supply Chain Management: A Study on Mo...
Strategic issues in Readymade Garments Supply Chain Management: A Study on Mo...Strategic issues in Readymade Garments Supply Chain Management: A Study on Mo...
Strategic issues in Readymade Garments Supply Chain Management: A Study on Mo...Md. Adib Ibne Yousuf
 
SAP Sapphire 2012: Integrated Global Packaging, Artwork and Labeling
SAP Sapphire 2012: Integrated Global Packaging, Artwork and LabelingSAP Sapphire 2012: Integrated Global Packaging, Artwork and Labeling
SAP Sapphire 2012: Integrated Global Packaging, Artwork and LabelingVedant Borse
 
Strategic supply chain management and logistics
Strategic supply chain management and logisticsStrategic supply chain management and logistics
Strategic supply chain management and logisticsBhavi Bhatia
 
Is supply chain management important to implement
Is supply chain management important to implementIs supply chain management important to implement
Is supply chain management important to implementAlexander Decker
 

What's hot (20)

Orchestrating a Supply Chain Competitive Edge
Orchestrating a Supply Chain Competitive EdgeOrchestrating a Supply Chain Competitive Edge
Orchestrating a Supply Chain Competitive Edge
 
SC(2)
SC(2)SC(2)
SC(2)
 
Assignment scm rmg factories_id-18203004
Assignment scm rmg factories_id-18203004Assignment scm rmg factories_id-18203004
Assignment scm rmg factories_id-18203004
 
2011.2.14 marketing
2011.2.14 marketing2011.2.14 marketing
2011.2.14 marketing
 
Supply Chain Management
Supply Chain ManagementSupply Chain Management
Supply Chain Management
 
Trial exam questions+answers logistics and supply chain management 2
Trial exam questions+answers logistics and supply chain management 2Trial exam questions+answers logistics and supply chain management 2
Trial exam questions+answers logistics and supply chain management 2
 
RFID Based Warehouse Management of Perishable Products
RFID Based Warehouse Management of Perishable ProductsRFID Based Warehouse Management of Perishable Products
RFID Based Warehouse Management of Perishable Products
 
Opm101 chapter4 001
Opm101 chapter4 001Opm101 chapter4 001
Opm101 chapter4 001
 
How can we use Supply Chain Management in Garments Industry.
 How can we use Supply Chain Management in Garments Industry. How can we use Supply Chain Management in Garments Industry.
How can we use Supply Chain Management in Garments Industry.
 
P&G Supply Chain Management
P&G Supply Chain ManagementP&G Supply Chain Management
P&G Supply Chain Management
 
Unit 6 supplychainmanagement
Unit 6 supplychainmanagement Unit 6 supplychainmanagement
Unit 6 supplychainmanagement
 
Managing healthcare supply chain
Managing healthcare supply chainManaging healthcare supply chain
Managing healthcare supply chain
 
IDCConvergenceofPLMSCM
IDCConvergenceofPLMSCMIDCConvergenceofPLMSCM
IDCConvergenceofPLMSCM
 
Food_Beverage_2014
Food_Beverage_2014Food_Beverage_2014
Food_Beverage_2014
 
Supply chain management in the textile industry
Supply chain management in the textile industrySupply chain management in the textile industry
Supply chain management in the textile industry
 
Future supply chain 2016
Future supply chain 2016Future supply chain 2016
Future supply chain 2016
 
Strategic issues in Readymade Garments Supply Chain Management: A Study on Mo...
Strategic issues in Readymade Garments Supply Chain Management: A Study on Mo...Strategic issues in Readymade Garments Supply Chain Management: A Study on Mo...
Strategic issues in Readymade Garments Supply Chain Management: A Study on Mo...
 
SAP Sapphire 2012: Integrated Global Packaging, Artwork and Labeling
SAP Sapphire 2012: Integrated Global Packaging, Artwork and LabelingSAP Sapphire 2012: Integrated Global Packaging, Artwork and Labeling
SAP Sapphire 2012: Integrated Global Packaging, Artwork and Labeling
 
Strategic supply chain management and logistics
Strategic supply chain management and logisticsStrategic supply chain management and logistics
Strategic supply chain management and logistics
 
Is supply chain management important to implement
Is supply chain management important to implementIs supply chain management important to implement
Is supply chain management important to implement
 

Similar to Brochure-Top-5-Trends-2015

7_Key_Business_Drivers_Brochure
7_Key_Business_Drivers_Brochure7_Key_Business_Drivers_Brochure
7_Key_Business_Drivers_BrochureMaureen Perroni
 
Enterprise Labeling for the Automotive Industry
Enterprise Labeling for the Automotive IndustryEnterprise Labeling for the Automotive Industry
Enterprise Labeling for the Automotive IndustryLoftware
 
Enterprise Labeling for the Medical Device Industry
Enterprise Labeling for the Medical Device IndustryEnterprise Labeling for the Medical Device Industry
Enterprise Labeling for the Medical Device IndustryLoftware
 
Developing And Executing A Program For Labeling Compliance
Developing And Executing A Program For Labeling ComplianceDeveloping And Executing A Program For Labeling Compliance
Developing And Executing A Program For Labeling ComplianceChris Miller
 
Traceability in the food and beverage industry
Traceability in the food and beverage industryTraceability in the food and beverage industry
Traceability in the food and beverage industryKaizenlogcom
 
Traceability in the food and beverage industry
Traceability in the food and beverage industryTraceability in the food and beverage industry
Traceability in the food and beverage industryKaizenlogcom
 
Enterprise Labeling for the Pharmaceutical Industry
Enterprise Labeling for the Pharmaceutical IndustryEnterprise Labeling for the Pharmaceutical Industry
Enterprise Labeling for the Pharmaceutical IndustryLoftware
 
Top trends 2016 2018 forrester
Top trends 2016 2018 forresterTop trends 2016 2018 forrester
Top trends 2016 2018 forresterRajeev Sinha.
 
Informed Manufacturing: Reaching for New Horizons
Informed Manufacturing: Reaching for New HorizonsInformed Manufacturing: Reaching for New Horizons
Informed Manufacturing: Reaching for New HorizonsCognizant
 
Digital Transformation in the Food & Beverage Industry
 Digital Transformation in the Food & Beverage Industry Digital Transformation in the Food & Beverage Industry
Digital Transformation in the Food & Beverage IndustryBlue Mail Media Inc
 
gscm-25-challenges-in-global-manufacturing-pptx.pptx
gscm-25-challenges-in-global-manufacturing-pptx.pptxgscm-25-challenges-in-global-manufacturing-pptx.pptx
gscm-25-challenges-in-global-manufacturing-pptx.pptxssuser4522cc
 
Module 5 Strategic Issues of Information Technology.pptx
Module 5 Strategic Issues of Information Technology.pptxModule 5 Strategic Issues of Information Technology.pptx
Module 5 Strategic Issues of Information Technology.pptxhello1506hello
 
Top 5 Trends in Enterprise Labeling
Top 5 Trends in Enterprise LabelingTop 5 Trends in Enterprise Labeling
Top 5 Trends in Enterprise LabelingLoftware
 
Batch Manufacturers Require More Robust, Dock-to-Dock Control Systems
Batch Manufacturers Require More Robust, Dock-to-Dock Control SystemsBatch Manufacturers Require More Robust, Dock-to-Dock Control Systems
Batch Manufacturers Require More Robust, Dock-to-Dock Control SystemsARC Advisory Group
 
New strategies and trends used in manufacturing (operation management)
New strategies and trends used in manufacturing (operation management)New strategies and trends used in manufacturing (operation management)
New strategies and trends used in manufacturing (operation management)Sujeet TAMBE
 
Drug Quality and Security Act
Drug Quality and Security ActDrug Quality and Security Act
Drug Quality and Security ActRyan Sonnenberg
 
BMS510 Logistics And Supply Chain Management.docx
BMS510 Logistics And Supply Chain Management.docxBMS510 Logistics And Supply Chain Management.docx
BMS510 Logistics And Supply Chain Management.docxstudywriters
 
Communications in the retail sector - a report by Frost and Sullivan
Communications in the retail sector - a report by Frost and SullivanCommunications in the retail sector - a report by Frost and Sullivan
Communications in the retail sector - a report by Frost and SullivanICON
 

Similar to Brochure-Top-5-Trends-2015 (20)

7_Key_Business_Drivers_Brochure
7_Key_Business_Drivers_Brochure7_Key_Business_Drivers_Brochure
7_Key_Business_Drivers_Brochure
 
Enterprise Labeling for the Automotive Industry
Enterprise Labeling for the Automotive IndustryEnterprise Labeling for the Automotive Industry
Enterprise Labeling for the Automotive Industry
 
Enterprise Labeling for the Medical Device Industry
Enterprise Labeling for the Medical Device IndustryEnterprise Labeling for the Medical Device Industry
Enterprise Labeling for the Medical Device Industry
 
Developing And Executing A Program For Labeling Compliance
Developing And Executing A Program For Labeling ComplianceDeveloping And Executing A Program For Labeling Compliance
Developing And Executing A Program For Labeling Compliance
 
Traceability in the food and beverage industry
Traceability in the food and beverage industryTraceability in the food and beverage industry
Traceability in the food and beverage industry
 
Traceability in the food and beverage industry
Traceability in the food and beverage industryTraceability in the food and beverage industry
Traceability in the food and beverage industry
 
whitepaper9-11
whitepaper9-11whitepaper9-11
whitepaper9-11
 
Enterprise Labeling for the Pharmaceutical Industry
Enterprise Labeling for the Pharmaceutical IndustryEnterprise Labeling for the Pharmaceutical Industry
Enterprise Labeling for the Pharmaceutical Industry
 
Top trends 2016 2018 forrester
Top trends 2016 2018 forresterTop trends 2016 2018 forrester
Top trends 2016 2018 forrester
 
SCM
SCMSCM
SCM
 
Informed Manufacturing: Reaching for New Horizons
Informed Manufacturing: Reaching for New HorizonsInformed Manufacturing: Reaching for New Horizons
Informed Manufacturing: Reaching for New Horizons
 
Digital Transformation in the Food & Beverage Industry
 Digital Transformation in the Food & Beverage Industry Digital Transformation in the Food & Beverage Industry
Digital Transformation in the Food & Beverage Industry
 
gscm-25-challenges-in-global-manufacturing-pptx.pptx
gscm-25-challenges-in-global-manufacturing-pptx.pptxgscm-25-challenges-in-global-manufacturing-pptx.pptx
gscm-25-challenges-in-global-manufacturing-pptx.pptx
 
Module 5 Strategic Issues of Information Technology.pptx
Module 5 Strategic Issues of Information Technology.pptxModule 5 Strategic Issues of Information Technology.pptx
Module 5 Strategic Issues of Information Technology.pptx
 
Top 5 Trends in Enterprise Labeling
Top 5 Trends in Enterprise LabelingTop 5 Trends in Enterprise Labeling
Top 5 Trends in Enterprise Labeling
 
Batch Manufacturers Require More Robust, Dock-to-Dock Control Systems
Batch Manufacturers Require More Robust, Dock-to-Dock Control SystemsBatch Manufacturers Require More Robust, Dock-to-Dock Control Systems
Batch Manufacturers Require More Robust, Dock-to-Dock Control Systems
 
New strategies and trends used in manufacturing (operation management)
New strategies and trends used in manufacturing (operation management)New strategies and trends used in manufacturing (operation management)
New strategies and trends used in manufacturing (operation management)
 
Drug Quality and Security Act
Drug Quality and Security ActDrug Quality and Security Act
Drug Quality and Security Act
 
BMS510 Logistics And Supply Chain Management.docx
BMS510 Logistics And Supply Chain Management.docxBMS510 Logistics And Supply Chain Management.docx
BMS510 Logistics And Supply Chain Management.docx
 
Communications in the retail sector - a report by Frost and Sullivan
Communications in the retail sector - a report by Frost and SullivanCommunications in the retail sector - a report by Frost and Sullivan
Communications in the retail sector - a report by Frost and Sullivan
 

Brochure-Top-5-Trends-2015

  • 1. Our  second  annual  Top  5  Trends  in  Enterprise  Labeling  report  showcases  how  labeling  has  become  a  strategic  part  of  the  supply  chain  as     technology  continues  to  evolve  and  businesses  expand  globally.  These  trends  which  involve  global  regulations,  standardizing  and  integrating     and  the  ‘2014  Enterprise  Labeling  Trends  Survey.’  This  survey  polled  over  500  supply  chain  professionals  from  organizations  across  all  major   industries  to  inquire  about  labeling  challenges  and  requirements  that  are  impacting  their  business  in  2015  and  in  the  future.   TOP TRENDSIN ENTERPRISE LABELING 2015
  • 2. ~  2  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. BUSINESSES ARE STANDARDIZING LABELING FOR CONSISTENCY & EFFICIENCY As  business  continues  to  expand  globally,  com-­ -­ izing  their  labeling  across  global  supply  chains.   Standardizing  enables  labeling  consistency,   and  dramatically  streamlines  maintenance  and   oversight,  while  offering  the  control  to  make   rapid  label  changes  throughout  the  supply  chain.   This  standardized  approach  also  helps  global   companies  ensure  business  continuity  in  the  face   of  disaster  and  empowers  them  to  meet  complex,   global  and  high  volume  labeling  demands. There are three important drivers behind the push to standardize: 1) Providing Simplified Maintenance and Deployment: Offering the ability to centralize and deploy a standard labeling solution provides a wide range of benefits. Rather than manage multiple dif- ferent systems, this standardized approach enables companies to streamline maintenance while support- ing enterprise-wide labeling changes. In addition to reducing cost and simplifying maintenance, having a single, scalable solution facilitates expansion to new global locations. 60%  of  all  $1B+  Companies HAVE ALREADY STANDARDIZED ON A LABELING SOLUTION OR PLAN TO IN THE NEXT FIVE YEARS TREND LABELING 1
  • 3. ~  3  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. 2) Ensuring Labeling Consistency: As businesses extend their reach across the global supply chain, it’s critical they maintain labeling consistency across mul- tiple markets and regions. By taking a standardized approach, companies can ensure that a common set of labels, centralized applications and data sources are used across the supply chain.Also, ensuring consis- tency helps support compliance with brand standards which can rely on labels to help businesses differenti- ate their products, build relationships and maintain customer’s trust regardless of where in the world labels are printed. 3) Supporting Business Continuity: Both natural and man-made disasters can have a significant impact on a company’s supply chain and ultimately result in substantial financial consequences. Just as companies might shift production from one facility to another, a standardized approach to labeling allows them to rapidly shift label production in the same manner. By standardizing on a central labeling solution, compa- nies can leverage the data and labels needed to keep the supply chain flowing and minimize the impact during a disruption. TREND LABELING TREND LABELING 1 TREND LABELING 3 TREND LABELING 4 TREND LABELING 5
  • 4. ~  4  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. INTEGRATED, DYNAMIC LABELING IS ESSENTIAL Today’s  labeling  needs  to  be  both  dynamic  and   data-­driven  to  meet  evolving  customer  and   regulatory  standards.  Customers’  labeling   requirements  are  more  demanding  and  variable   than  ever  and  businesses  failing  to  meet  those   the  sources  of  truth  for  label  data  allows  compa-­ nies  to  automate  labeling  processes  directly  from   enterprise  applications  while  ensuring  label  data   accuracy.  This  approach  reduces  the  need  to   maintain  countless  permutations  of  labels,     labeling  and  empower  companies  to  quickly  re-­ spond  to  evolving  regulatory,  language,  region-­ Customer responsiveness in labeling typically centers on meeting the following expectations: 1) Integration with Business Systems is Imperative: Integration models which support the seamless exchange of data and eliminate the need for manual processes allow companies to maintain their existing systems and user interactions, while automat- ing their labeling processes and improving overall efficiency.Although on-demand printing of labels is TREND LABELING 1 68%  of  all  $1B+  Companies PLAN TO INTEGRATE LABELING SOLUTIONS WITH THEIR ENTERPRISE APPLICATIONS IN THE NEXT FIVE YEARS PRODUCT PRODUKT PRODUIT
  • 5. ~  5  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. still important for many businesses, integrating label- ing with enterprise applications and existing business processes is a best practice for labeling in today’s global supply chain. 2) Meeting Customer & Regulatory Require- ments: More than ever customers are imposing labeling requirements including unique formats, barcodes, logos, languages, and data attributes.Also, new standards and regulations are dictating which requirements need to be applied to labels to meet compliance. Companies are seeking the capability to meet a wide range of variable labeling requirements without forcing an overwhelming amount of manual oversight.Without the ability to meet these customer requirements, businesses are faced with costly and time-consuming relabeling, increasing fines, customer dissatisfaction and loss of business. 3) Allowing Rapid Label Changes: Today busi- nesses must be able to respond in a timely fashion to a wide range of customer and regulatory demands. Without the ability to streamline label changes, companies will be confronted with missed delivery dates, hefty fines and dissatisfied customers. Configu- rable business logic allows business users to quickly and easily support new requirements, enabling label formatting and content to be changed dynamically. CUSTOMERS ARE SPECIFYING WHERE DATA ELEMENTS MUST APPEAR MEETING FORMATTING STANDARDS 20% TREND LABELING
  • 6. ~  6  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. 66%  of  all  $1B+  Companies HAVE SIX OR MORE SITES ACROSS THE SUPPLY CHAIN INVOLVED IN LABELING LABELING INTERSECTS THE SUPPLY CHAIN AT ALL LEVELS Labeling  has  become  a  significant  consider-­ ation  for  supply  chain  activities  that  span  from   upstream  production  to  downstream  distribu-­ tion  and  delivery  of  finished  goods.  To  ensure   an  effective  supply  chain  strategy,  companies   must  consider  how  labeling  intersects  all  levels   of  their  supply  chain.  This  is  especially  true   with  evolving  demands  such  as  globalization   of  manufacturing,  safety  and  quality  of  prod-­ ucts,  shorter  lead-­times,  lean  business  environ-­ ments,  and  changing  market  dynamics.  By   adopting  this  mindset  businesses  are  able  to   become  more  responsive  and  efficient  through-­ out  their  supply  chain. There are three important considerations behind label- ing intersecting the supply chain: 1) Increasing Supply Chain Collaboration: Supply chain collaboration aligns processes to stream- line business, allowing global companies to reduce costs and add value to partners throughout the supply chain. Collaboration allows suppliers and business partners to work together to define their requirements for labeling. This allows business partners to deliver compliant labels that are specifically designed to have the attributes, data content, formatting and symbologies needed to improve efficiency, expand productivity, increase com- petitive advantage and meet customer demands. TREND LABELING 3
  • 7. ~  7  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. 2) Extending Labeling for Business Partners and Suppliers: Collaboration allows businesses connected within the supply chain to work together and extend access to labeling solutions.To engage in true collaboration, businesses must provide centralized control, allowing partners access to essential label- ing capability, while ensuring that data needed for labeling is made securely accessible for label printing. This approach safeguards label accuracy and ensures adherence to corporate and brand standards. 3) Reducing Occurrences of Mislabeling and Relabeling:Adhering to standards and business requirements so that all goods are properly labeled is imperative in successfully moving product throughout the supply chain. If not, mislabeling can mean a lack of compliance and result in loss of business, costly fines or returns due to downstream processing errors.At the same time, the need to re-label can cause operational efficiency delays and downstream processing costs. However, implementing a common approach to labeling can offer consistency and minimize the need for redun- dant labeling processes. TREND LABELING 3 54%   of  all  $1B+  Companies ARE FORCED TO RE-LABEL PRODUCTS OR MATERIALS FROM SUPPLIES
  • 8. ~  8  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. TECHNOLOGY ADVANCES INFLUENCE LABELING Technology  continues  to  revolutionize  the  way   companies  conduct  business  and  execute  business   processes.  Cloud-­based  computing  offers  endless   possibilities  for  outsourcing  applications  and   computing  infrastructure,  enabling  companies   to  concentrate  on  core  competencies.    These  new   deployment  models  impact  many  aspects  of     business  including  labeling.   As  people  continue  to  think  differently  about  how   applications  will  be  delivered,  they  are  at  the   same  time  beginning  to  think  differently  about   how  labeling  is  incorporated  into  these  emerging   deployment  models. Companies  are  looking  for  their  labeling  solutions   to  embrace  these  new  models  from  an  access,   integration,  and  deployment  perspective. Three important considerations behind this trend are: 1) Accessing Browser-Based Labeling: Companies seeking global deployment for labeling are utilizing browser-based applications, which can dramatically reduce the burden of installing and maintaining labeling systems.These applications allow companies to enable users with instant access to functionality, and provide security over labeling visibility and access, all while offer- ing streamlined management of global operations. TREND LABELING 4 By  2015,  50% of  Large  Global  Enterprises   WILL RELY ON EXTERNAL CLOUD-COMPUTING SERVICES FOR AT LEAST ONE OF THEIR TOP 10 REVENUE-GENERATING PROCESSES (Gartner  -­  April,  2014)
  • 9. ~  9  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. 2) Implementing Cloud-Based Technology: Many companies are moving their IT infrastructures to the Cloud to streamline their on-demand provisioning of software, hardware, and data as a service. Com- panies are either looking to integrate labeling with existing Cloud-based systems or for solutions that can be part of the adoption of this deployment model.The Cloud model provides flexibility to scale, eliminates the need for extensive disaster recovery plans and provides automatic software updates. Business users embracing this new technology will need labeling solutions to work with and potentially be deployed in the Cloud. 3) Labeling Meets the Internet of Things (IoT): A growing trend across multiple industries, IoT impacts how businesses communicate and connect. The opportunity to monitor and manage an entire network of devices, sensors, and other components provides untapped opportunities for a wide range of solutions including labeling. Labeling is an important component that needs to be considerd as businesses evaluate their IoT strategy.As companies are imple- menting their IoT initiatives they are looking to rely on their labeling solutions to manage global printer networks, update device settings, send print requests and monitor status. TREND LABELING 3 TREND LABELING 4 TREND LABELING 5 TREND LABELING 4 TREND LABELING 5
  • 10. ~  10  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. EVOLVING GLOBAL REGULATIONS CONTINUE TO IMPACT LABELING The  effect  of  regulations  and  emerging  stan-­ dards  continue  to  impact  businesses  globally   across  a  wide  range  of  industries.  Labeling  is   -­ sary  to  comply  with  evolving  requirements.   More  often  than  ever  companies  are  looking   for  solutions  that  will  assist  them  in  achieving   their  supply  chains  and  ultimately  loss  of  busi-­ ness.  The  GHS  (Global  Harmonized  Systems)  for   Chemical  Industry,  the  Drug  Quality  Security   (UDI)  for  Pharmaceutical  and  Medical  Device   Industries,  and  the  Food  &  Beverage  Industry’s   EU1169,  as  well  as  GS1  standards,  are  all  having   Here is a glimpse at some of the leading regulations and standards that are shaping the future of labeling in today’s global supply chain. GS1 – The GS1 system of standards continues to play a significant role in Food & Beverage, Healthcare and Retail industries among others. GS1 provides standards for providing accurate identification and communication of information regarding products, assets, services and locations in the global supply chain.These standards, including barcode and ID Key Standards, offer implementation tools for traceability throughout the global supply chain.This includes 55% of  all  $1B+  Companies INDICATE REGULATORY REQUIREMENTS HAVE A SIGNIFICANT IMPACT ON THEIR BUSINESS TREND LABELING 5
  • 11. ~  11  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. Global Trade Identification Numbers (GTIN) and Global Location Number (GLN) allocation rules for use in bar- code labeling to support safety initiatives and enable quick and efficient product recalls. For more information on GS1: www.gs1.org GHS – The GHS, which continues to impact business in chemical and related industries internationally, is a system for standardizing and harmonizing the classi- fication and labeling of chemicals. From raw materials to finished goods delivery, companies are facing more complexity in chemical labeling with risk of heavy penalties for non-compliance.With the fast approach- ing deadline of June 2015, the GHS requirement is becoming a pressing consideration for chemical com- panies and many manufacturers, where all hazardous materials being housed, shipped or received, require proper labeling to abide by the ensuing GHS standard. For more information on GHS: www.osha.gov/dsg/ hazcom/ghs.html DQSA / DSCSA – Part of the U.S. Food and Drug Administration’s (FDA) DQSA, the Drug Supply Chain Security Act (DSCSA), supersedes previous state level laws and addresses national track and trace of certain prescription drugs to play an important role with labeling in the pharmaceutical industry. Signed into law in 2013, the implementation is phased over ten years with several key requirements beginning at various stages in 2015. By 2023, the system will facilitate the exchange of information at the individual package level regarding where the drug has been in the supply chain. For more information on DSCSA: www.fda.gov/drugs/ drugsafety/drugintegrityandsupplychainsecurity/drug- supplychainsecurityact/ UDI – Phased in over several years, UDI, which re- quires most medical devices distributed in the United States to carry a unique device identifier, continues to play a significant role with labeling in this industry. TREND LABELING 5 IMPROPER LABELING CAN TAKE 2-3 TIMES LONGER AND COST MILLIONS IN REVENUES CUSTOMER FINES
  • 12. ~  12  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. TREND LABELING 5 This mandate, which was adopted in 2014, is intended to improve patient safety and allows traceability of medical devices from production down to medical use. The next UDI deadline of September 2015 requires that all labels and packages for implantable, life-sup- porting, and life-sustaining devices bear a UDI and be submitted to the Global Unique Device Identification Database (GUIDID). For more information on UDI: www.fda.gov/Medi- calDevices/DeviceRegulationandGuidance/UniqueDevi- ceIdentification/ EU1169 – This European Commission standard, which increases the amount of mandatory information required to sell food products, represents a significant change to what and how information is displayed on food and beverage packaging.This rule, which was designed to make food labeling easier to understand, went into effect in December 2014 and ensuing requirements to include nutritional information will begin on December 2016.Although initiated as a European Union (EU) standard, this directive is far- reaching and impacts suppliers, food service operators, retailers and food business operators at all stages of the food supply chain within Europe and any global suppliers who import or distribute to Europe. For more information on EU1169: http://loftware.com/ industries/eu1169.cfm RoHS – The Restriction of Hazardous Substances (RoHS) Directive, which originated in Europe, restricts the use of six hazardous materials found in varied electrical and electronic equipment. Initiated in 2006, the mandate includes RoHS2, which proposes changes to the original directive, with proposed compliance dates for inclusion beginning in 2015. For more information on RoHS:http://www.rohsguide.com/
  • 13. ~  13  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. MORE RESOURCES ON ENTERPRISE LABELING SOLUTIONS SPECIAL REPORT Labeling has become a strategic imperative that influences a variety of key business drivers and directly impacts a businesses top and bottom lines. Download this special report to find out how labeling has changed with today’s global supply chain and how Enterprise Labeling Solutions can meet the evolving needs of today’s enterprise businesses. This special report can be accessed through www.loftware.com/resources/articles SAP® CUSTOMER WEBINAR Hear from a joint Loftware and SAP customer as they describe how they are addressing labeling challenges to achieve compliance with regulatory and EHS requirements while obtaining label ownership and standardization across their global supply chain. This and other customer webinars can be accessed through www.loftware.com/resources/webinars ORACLE® CUSTOMER WEBINAR Learn how UGN Inc., a full-service provider of acoustical solutions to the auto industry, optimized barcode labeling from Oracle throughout their JIT supply chain using Loftware’s Enterprise Labeling Solutions. This and other customer webinars can be accessed through www.loftware.com/resources/webinars
  • 14. ~  14  ~ ©2015  Loftware,  Inc.  All  Rights  Reserved. TOP TRENDSIN ENTERPRISE LABELING 2015  “Companies  are  clearly  thinking  more  globally  today  and  those   supply  chain  executives  that  view  the  label  as  a  mission-­critical   advantage  in  their  market,”   Executive  Vice  President  of  Enterprise  Mobility  &  Connective   Devices  at  VDC  Research,  David  Krebs.