When we often think about customized labeling solutions, we think of a proprietary solution created for our specific business that answers all our needs. What we sometimes don’t recognize, is that many customized systems create complexity, inflexibility, and potentially use layers of 3rd party applications. These factors turn a customized solution into a limiting solution […]
Product labeling accuracy is pivotal in ensuring product safety. It serves as a critical bridge between manufacturers and consumers, providing essential information that can impact health and well-being. Below are some of the key areas that accurate product labeling helps impact: Consumer Awareness: Accurate product labeling empowers consumers to make informed choices. It communicates crucial […]
In Part 1 of this blog series, Supplier Labeling and the Cloud (Posted on May 16, 2023), we explored the challenges organizations face when outsourcing product labeling to third-party vendors and how it can impact efficiency and costs. We learned that inconsistent labeling practices from suppliers can lead to inaccuracies, delays in processing goods, and […]
How is it that we have a “prescription drug price crisis when 90% of prescriptions are filled with generic drugs that cost, on average, $1 a day? The answer: The remaining 10% of prescriptions have an average cost of $20 a day and account for 80% of all prescription drug spending.” The intent of the […]