How Track and Trace Solutions work in Labeling and Packaging?
Real time cost, product details, and
speed play a vital role in the supply chain management in the world to decide
the failure and success of strategies like time to volume and time to market. Labeling
and packaging are known to be the important areas that can lead to direct
impact on storage, design, transportation, warehousing, handling and
transportation costs along with tracing and tracking of products across the
supply chain from supplier to the buyer.
In this article, we are going to discuss
the strategies of product information management and lifecycle management which
are vital from labeling and packaging to cut the risks related to handling
costs, transportation costs, resource consumption in tracking and tracking of
movement of parts.
Major Challenges in Labeling
and Packaging
According to the nature of products,
market regulations and industry, labeling and packaging needs may vary. Here
are some of the major challenges of companies in different industries.
Design – Even
though packaging is vital from the perspective of brand image in a lot of
industries, it is also important for pharmaceuticals and consumer packaged
goods.
Track and Trace Solutions are
vital in design process that relies on packaging and labeling for their
success. The design process of packaging and labeling starts with label design
and package with product artwork and specifications. Maintaining the low cost
for labeling and packaging in pharmaceutical industry is a major challenge.
It needs huge artwork to make the
product unique and it calls for prototyping and design activity of global cross
functional external and internal teams. It also needs safe and tamper-proof
packaging as well as extensive lab testing to provide product composition
details and nutritional values. The packaging challenges are common from design
and delivery to sterilization, material handling and compliance. A lot of OEMs
use specialized manufacturers to adhere to regulations.
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