Creating a Roadmap for Sustainable Labeling in the Cloud
Key Takeaways
⇨ Consumer Demand for Sustainability: There has been a significant rise in consumer demand for sustainable products, with a 71% increase in global online searches for "sustainable goods" over the last five years, and many consumers willing to pay more for environmentally friendly products.
⇨ Benefits of Cloud-Based Labeling: Cloud-based labeling solutions enhance supply chain sustainability, improve product traceability, reduce labeling errors, and cut down on waste and scrapped products, ultimately saving money and reducing the environmental footprint.
⇨ Strategic Advantage and Compliance: Implementing cloud-based labeling supports organizations in achieving ESG goals, complying with increasing regulatory demands, and future-proofing their labeling processes against potential regulations like carbon footprint labeling in industries such as fashion and food.
A cloud-first labeling approach means better traceability, less scrap, fewer labeling errors, and less rework.
Today’s consumers see themselves as catalysts for change. More of them are intertwining sustainability into their purchase decisions, effectively forcing brands to implement and use sustainable business practices that meet or exceed customers’ expectations around environmental, social and governance (ESG).
Consumers are driving the charge on the ESG front, and companies have to be able to respond or risk losing customers, investors, and partners. “Customers now align themselves with brands that are compatible with their values and priorities,” Business News Daily points out. “With environmental stability as a high priority for many people, it’s important that businesses do their part to lower their carbon footprints.”
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As more customers shift purchasing behaviors toward brands that run environmentally friendly operations, cloud-based labeling helps organizations build strong ESG strategies at a time when governments, business partners, investors, customers, and other stakeholders are paying closer attention to these efforts.
Cloud-based labeling solutions can help your company:
■ Gain higher levels of overall supply chain sustainability
■ Improve product traceability ■ Dramatically reduce labeling errors
■ Eliminate the rework needed to address and fix those errors
■ Reduce scrapped products and pre-printed labels
■ Save money
■ Eliminate a large global footprint
Learn more with Loftware and SAP.
