2017 Top 5 Trends in Enterprise Labeling

Supply chains and the solutions used for managing them have become increasingly important as businesses become more global and interconnected.

Globalization and digital technologies are changing business, especially as companies look to accelerate growth and expand into new markets. To do this, companies must create efficiencies in their supply chain and be able to address complex and ever changing supply chain dynamics.

Companies that are open to innovation and those running enterprise operations in a collaborative fashion are the ones that will succeed in this new global supply chain landscape. Businesses must be able to achieve high levels of agility, consistency, control, and transparency to prosper.

This is why it’s critical to identify, understand, and measure how labeling has a strategic impact on your supply chain and your company’s business growth.

Barcode labels intersect every aspect of the supply chain, bridging processes from manufacturing, warehousing and distribution to consumer use. Labels allow businesses to identify, group, ship, locate, and track goods and merchandise that flow upstream and downstream in their supply chain and therefore impacts businesses top and bottom lines.

Loftware conducts an annual survey to get a pulse on the impact of labeling on today’s supply chain. We polled over 800 supply chain and IT professionals from organizations across all major industries in 32 different countries to gather insights on what they saw as the major trends in Enterprise Labeling for 2017.

Our fourth annual “Top 5 Trends in Enterprise Labeling” report outlines significant shifts in labeling that are impacting global supply chains at an unprecedented level.

These trends include labeling being viewed as a global initiative, the evolution of labels and label data, the rising focus on the bimodal supply chain, the extension of labeling for supply chain partners both upstream and downstream, and the importance of labeling expertise, professional services, and support.

In order to be poised to sustain a competitive advantage in their market, companies must be aware of how labeling trends impact their supply chain now and in the future.