Top 5 Trends of Enterprise Labeling in 2019
Globalization in the world of business has brought about a massive change. In such a situation, the organizations are solely motivated to attain growth and expansion. Previously organizations concentrated on their products and their performances to attain this change but now this has shifted. The importance of labeling and the impact that it might have on the entire business has taken aback the executives and hence this change in trends are being noticed.
TREND 1: ASSEMBLING OF ARTWORK AND LABELING FOR ENTERPRISES
Labeling is reaching new heights over the years and with this comes new complications. The enterprises are trying to manage product labeling and artwork at the same time. Previously when these were being handled by two different sectors, maintaining a connection was becoming difficult. So, the companies are trying to streamline the entire process starting from the creation of the label, the artwork, the review process ending with the approval. There is a rise in the demand of a central repository to derive everything from one end.
TREND 2: DEMAND FOR WEB-BASED LABELING TOOL
Mostly organizations are looking forward to applications that are either SaaS (Software as a Service) based or cloud based. The prime reason behind this shift in trend is the thought that the labeling process would get simplified through this. Other than this, accessing the global market through expansion and even cost reduction too can be easily achieved. It is due to the increase in productivity backed by the predictability that leads to the rise in the demand.
TREND 3: STRUGGLE OF MANAGING LABELING CONTENT
In the current scenario labeling can be in various forms like that of physical and digital as well. Controlling the content becomes difficult as it comes from a number of sources. All these contents do undergo regular changes thereby making the task of tracking even more difficult. The organizations look forward to collaboration so that all the data is available at the source thus enabling them to keep a check on the labeling content. To ensure this control, e-labeling has already entered the market and with time it is taking up much of the space in the life science industry. The spread of e-labels has been so extensive just because a maximum portion of the information can be delivered through such e-labels and e-labels allow for a easy updating of information than the printed labels.
TREND 4: LABELING IMPACTS BEING ACKNOWLEDGED BY EXECUTIVES
Earlier labeling was thought to be only a part of the supply chain but now executives are acknowledging the impact that it has on the entire business. A proper and effective labeling will help the company by reducing its costs. The company can easily prevent compliance issues, the IT burden; attain more visibility in the market by providing a common labeling system for all the stakeholders. With this acknowledgement, executives are trying to gain access to one such system that can ease out every issue by streamlining the process.
TREND 5: MOVING AHEAD TOWARDS DIGITIZATION
Digitization of labeling has been taking place over the years. The trend is still active so as to make detailed product information available to the consumer and to all those present in the supply chain. The implementation of the barcode on the labels helps the companies to include more number of information that might be required in the supply chain. Without digitization, printing and re-printing labels was leading organizations to incur huge losses. While now, the organizations can avail the e-labels, easing the burden of continuous modifications and even allowing achieving cost efficiency.
In order to meet the existing trends organizations keep on searching for systems which can ease out the issue by offering them with a one-stop solution. LABELai is one such tool that meets up to the upcoming trends in providing end-to-end labeling automation solutions. It is a cloud based tool that brings together labeling and artwork and at the same time controls the flow of the labeling content. This tool provides a central repository where the contents gets stored for review and comparison thereby, ensuring that it is approval ready. In this world of digitization, availing such a tool that caters to your needs and even matches the trends is really beneficial for the business.