Packaging And Labeling Case Study
In the global supply chain environment, real-time product information, cost, and speed are key parameters in deciding the success and failure of strategies like time to market and time to volume.
Packaging and labeling is one important area that can have direct impact on design, storage, warehousing, transportation and handling costs as well as the tracking and tracing of the products across the supply chain eco system from supplier to customer.
This article outlines some of the Product Lifecycle Management (PLM) and Product Information Management (PIM) strategies that are important from the packaging and labeling perspective to reduce the risk associated with transportation costs, handling costs, resource consumption in tracking and tracing of physical movement of parts.
Key Challenges in Packaging and Labeling
Packaging and labeling requirements can vary widely depending on the industry, …show more content…
There is an immense support for using environment friendly packaging that reduce waste while minimizing the packaging material and increasing the reusability. Sharing the sustainability related information across the extended value chain is almost mandatory.
Importance of system driven approach to packaging and labeling
The packaging and labeling activities involves a number of participants across the supply chain. This makes system-based solution requirements almost mandatory for any company trying to put together effective strategy in place.
Product packaging Information is shared by the company with its 3PL and 4PL service providers so that they can perform capacity planning and thereby reduce the storage and handling costs. The parts information like country of origin, manufacturer /manufacture part number is encoded in bar code label and RFID tags. This helps logistic providers plan their resource for quick identification and route it to the right destination most
Packaging and labeling is one important area that can have direct impact on design, storage, warehousing, transportation and handling costs as well as the tracking and tracing of the products across the supply chain eco system from supplier to customer.
This article outlines some of the Product Lifecycle Management (PLM) and Product Information Management (PIM) strategies that are important from the packaging and labeling perspective to reduce the risk associated with transportation costs, handling costs, resource consumption in tracking and tracing of physical movement of parts.
Key Challenges in Packaging and Labeling
Packaging and labeling requirements can vary widely depending on the industry, …show more content…
There is an immense support for using environment friendly packaging that reduce waste while minimizing the packaging material and increasing the reusability. Sharing the sustainability related information across the extended value chain is almost mandatory.
Importance of system driven approach to packaging and labeling
The packaging and labeling activities involves a number of participants across the supply chain. This makes system-based solution requirements almost mandatory for any company trying to put together effective strategy in place.
Product packaging Information is shared by the company with its 3PL and 4PL service providers so that they can perform capacity planning and thereby reduce the storage and handling costs. The parts information like country of origin, manufacturer /manufacture part number is encoded in bar code label and RFID tags. This helps logistic providers plan their resource for quick identification and route it to the right destination most