From more efficient systems to reducing wastage, businesses that want to stay competitive must find ways to streamline processes and cut costs, without compromising on quality or compliance.
One such way is the use of print & apply labelling, a labelling solution that allows users to create and apply labels directly onto a product and its packaging, saving valuable time and money.
There are five key ways the systems contribute to cost savings:
- Reduced labour costs
- Minimised material waste
- Improved inventory management
- Streamlined compliance
- Increased productivity and sales
In this blog, we’ll look at each one in turn and detail the main financial benefits.
1. Reduced labour costs
Because print & apply labelling systems remove the need to print, sort and apply labels by hand, fewer operators are needed on this part of the production line, and employees can be reallocated to more critical tasks where they can add greater value. This not only reduces direct labour costs but also minimises overtime expenses and the indirect costs of absenteeism-related disruptions and inefficiencies.
In addition, the machines operate at higher speeds, applying labels faster than a human operative and for longer periods without a break, so businesses can scale up without the need to take on extra staff.
2. Minimised material waste
Traditional labelling systems often result in errors, including misprints or poorly adhered labels, and pre-printed labels can become outdated and obsolete – all of which lead to waste. Print & apply labelling systems print accurately and on demand, reducing the need for surplus inventory or reprints.
Designed to use just the right amount of ink and adhesive every time, print & apply systems reduce the amount spent on items such as replacement labels, ink, adhesives, and packaging.
And fewer mistakes and incorrect applications also help companies avoid the secondary costs of delays, product rework and compliance issues that come with relabelling.
3. Improved inventory management
When every product is labelled correctly with batch numbers, bar codes and expiry dates, tracking and stock control are more efficient, making misplaced stock, shortages, shipping delays and lost sales much less likely. Warehouse operations become faster because items can be scanned and sorted correctly, reducing the picking and packing errors that often lead to costly returns or shipping delays.
Print & apply systems can also be integrated with other systems such as warehouse management systems (WMS) and enterprise resource planning (ERP) software. This ensures real-time updates and reduces manual data entry errors and the costs associated with these mistakes.
4. Streamlined compliance
In many sectors, missing or incomplete labels can mean non-compliance, resulting in hefty fines, legal issues, product recalls and damage to brand reputation. A print & apply labelling system helps businesses stay compliant and avoid financial penalties by ensuring that all products are clearly labelled with accurate, up-to-date information in line with industry regulations.
For maximum accuracy, labels can be customised to meet specific industry requirements and integrated with inventory or compliance databases to ensure they’re always using the latest information. This reduces the legal risks and saves thousands in potential fines, product recalls and rework costs.
5. Increased productivity and sales
Slow or inaccurate labelling processes don’t just impact one part of the production line; the resulting bottlenecks and delays to production and orders are felt throughout the operation. Print & apply labelling systems help to reduce that downtime and accelerate production by applying labels at high speeds, yet with minimal errors.
Properly labelled products also incur fewer shipping errors and fewer returns. The resulting smooth customer experience leads to increased customer satisfaction and repeat business, ultimately generating higher revenues and growth.
Contact us to find out how ILS and print & apply labelling can save you money.
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