Better Supplier Labeling: Part 16 [Video]
Welcome to the Loftware blog, where we look into the impact better labeling can have on companies' operations.
When a labeling system is easy for new supply chain partners to access and use, it helps manufacturers add companies to their supplier networks.
Today's manufacturing processes are more complex than ever, and it's not unusual to have a large number of suppliers under contract at any time. These additional businesses can boost resilience and help expand capacity.
It pays to find ways to make working with a supplier for the first time as easy as possible. Accomplishing this goal is one of the roles a new and improved supplier labeling system can play for a manufacturer.
Thanks for watching. Come back soon for more strategic labeling insights.
For more on Supplier Labeling check out our report on that topic.