Guest Column | November 19, 2014

Opportunities To Provide Labeling Solutions To The Chemical Industry

By Greg Wimble, Chemical Industry Specialist, Loftware

Chemical industry innovators have been responsible for major product breakthroughs in a wide variety of industries throughout history. Today, other industry sectors still look to the chemical industry to drive key product advancements such as improving petroleum products and byproducts, coatings, inks, pharmaceuticals, agricultural yields, making next generation transportation systems faster, lighter, and more fuel efficient, and improving food flavoring, safety, and shelf
life. The industry’s contributions span the world, but there is continued pressure to implement strategies and technologies that optimize chemical supply chains. The United Nations Conference on Environment and Development in 1992, also referred to as the “Earth Summit,” initiated the movement toward “eco-efficiency” in the handling and disposal of toxic chemicals, building worldwide momentum for governments and corporations to carefully reexamine their regulations and policies regarding chemicals in the global supply chain. Subsequently, the industry has seen biyearly regulatory updates, modifications, and new compliance requirements that have dramatically increased the need for corresponding new labeling solutions.

There is a concurrent opportunity for chemical industry executives to respond to the increase in supply chain environmental regulations in an evolving global economy by seizing competitive opportunities. Companies are looking for ways to centralize, integrate, automate, and optimize applications across multiple locations while allowing for a tremendous amount of flexibility and variability in labeling. In addition, efficiency, cost savings, accuracy, and reliability in labeling can benefit businesses in today’s regulatory environment like never before. Enterprise labeling is the intelligent solution.

Label Demands And Risk Management

Every industry has product-labeling challenges, but the chemical industry stands out as a sector with extraordinary risk management issues. From raw materials and manufacturing facility requirements to end-user delivery, every step of a chemical product’s passage through the supply chain must be understood, strategized, and implemented without failure. For this sector in particular, mistakes can be disastrous.

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