Live Webinar: Stop Relabeling, Start Recouping Millions in Working Capital
by Craig Hodgson, on September 13, 2016
What if you could eliminate a step in materials handling that’s costing your company millions of dollars a year—and improve overall supply chain efficiency?If you’re like most manufacturers, you spend a lot of time and resources relabeling incoming goods from suppliers before they can move to the production line. It’s so common, in fact, that supply chain professionals often accept it as the cost of doing business, spending upwards of $2M a year or more in labor and label stock. Costs are compounded when you take into account the ripple effect on inventory management. Because of delays in receiving (due to relabeling), companies keep extra “safety stock” on hand to maintain production, which adds up to millions more in warehousing costs.
Fortunately, there is a better way. Innovations in Enterprise Labeling provide a new level of visibility, control, and predictability to eliminate relabeling and streamline operations. You can learn more when you join us for a special webinar “How to Reduce Cost with Supplier Labeling” on Tuesday, September 20th at 11:00 AM ET. Our experts will show you how a standardized, browser-based labeling solution enables you to securely share label templates with partners to ensure that inbound materials are labeled just the way you want them. Supplies move quickly to the next step in the process to speed up production and help reduce “just in case” inventory.
Register for the Webinar Today!
Date: Tuesday, September 20, 2016
Time: 11:00 – 11:30 AM EDT
In addition, you’ll learn how you can leverage dynamic, data-driven labeling to more accurately track the flow of supplier goods across the supply chain to reduce unforeseen delays and gain much needed confidence in inventory placement strategies. Essentially you can improve visibility by replacing inventory with data.
Make plans now to attend this webinar on supplier labeling. It’s a whole new approach that in the end can literally free up millions of dollars of working capital which can be reinvested in the business. How often can you say that about a new solution? You’ll see a real-world example to prove it.