Enterprise Labeling A Crucial Part Of Bimodal Supply Chains
by Maureen Perroni, on October 24, 2016
As the complexity of any system increases, so too does the need to track products that travel through it.
Some businesses - typically older, more established ones - operate in a fairly conservative, risk-averse manner. They understand their role in the marketplace and use the same reliable strategies that have given them market share in the past. Though this approach can grant stability, it also leaves businesses open to stagnation that leaves them behind the competition.
On the other hand, newer startups tend to embrace risk. They're prepared to do what it takes to innovate and break through amid competition from larger firms. The risks they take open the possibility for large rewards - as well as potentially massive failures.
"A bimodal supply chain balances the need for stability with the desire for growth and new technological investments."
Is there a way to combine these two approaches that maximizes their positives while minimizing the negatives? Yes. The answer is a bimodal business model, which allows companies to simultaneously innovate while still maintaining the systems and strategies that already work.
In manufacturing, a bimodal supply chain balances the need for stability with the desire for growth and new technological investments. As we wrote in a previous blog post, a bimodal framework allows manufacturers to experiment with digital technology without abandoning reliable physical processes that have worked well in the past.
One aspect that ties all of these efforts together is labeling. As the complexity of any system increases, so too does the need to track products that travel through it. Barcode labeling, in particular, helps complex supply chains operate efficiently, while also granting companies the flexibility to innovate while managing between the two modes.
Enterprise Labeling Solutions make it possible for companies to streamline their labeling practices, improving supply chain efficiency and eliminating the bottlenecks that might otherwise hold them back from meeting rising customer demand.
For more on the benefits of Enterprise Labeling check out our upcoming live webinar - Enterprise Labeling 101 - hosted on 10/27.