Extend enterprise labeling to suppliers
Thousands of manufacturers across multiple industries are already relying on enterprise labeling to drive measurable gains within their “four walls.” The tight integration with existing enterprise applications like ERP, Product Lifecycle Management (PLM), Warehouse Management Systems (WMS), and other systems ensures that the data on the label is the most current and enables companies to automate the labeling process within these applications. By standardizing and centralizing on a single labeling platform, companies can share templates among internal teams to simplify the approval workflow, reduce the number of templates to manage, and keep up with changing requirements without duplicating efforts.
Now, imagine simply extending your labeling process to include your trading partners such as suppliers and 3PLs. Thanks to breakthrough, browser-based technology, you can allow suppliers to securely access, update, and print your labels locally with the exact information and data your downstream process requires. And because the data is coming directly from your ERP and other sources of truth, you can be confident that the label will capture the latest information in real time.
Importantly, from an implementation and execution phase, there’s minimal effort required of your suppliers. They have to create and print pallet and carton labels anyway; now they simply print your labels in your format. In addition, this new approach to supplier labeling complements and greatly enhances the existing ASN/EDI process they’re currently using by sharing valuable data that can be cross-referenced on the ASN. They can even leverage the label data to help create the ASN.
The short- and long-term benefits of this approach are many.
- Eliminate relabeling, once and for all. First and foremost, when you push labeling to your suppliers using your data, your instructions, your downstream processes—even your branding—you avoid costly relabeling altogether. This alone has saved some companies upwards of $2M - $3M in labor and materials.
- Increase velocity of inbound receiving. Now you can move product from dock to stock in record time. No more confusion or uncertainty when supplier shipments arrive. You also help limit the number of cycle counts and inspections required by warehouse management or operations. This leads to an even greater benefit.
- Reduce inventory, achieve Just in Time (JIT) goals. Because you can eliminate delays in receiving (not to mention labeling errors) and move materials swiftly as part of your downstream process, you don’t need to store as much buffer or safety stock. If you reduce the required inventory by just a shift or two, you could save millions in warehousing costs.