Week of April 17th, 2023
Linking supply chain news with dangerous goods compliance
Businesses are placing greater focus on supply chain transparency to support environmental, social and governance (ESG) efforts and create better end-to-end operations.
Let’s examine some recent industry news.
SUPPLY CHAIN NEWS
- How can Blockchain Drive Transparency in Supply Chain: Supply chain transparency means communicating information about your operations internally and externally. The next step in market innovation in greater transparency is blockchain.
- Calls For Greater Supply Chain Transparency Get Louder: Can Technology Help?: Technology is finally helping to provide transparency to and validate the origins of products, and how they’re getting from point A to point B and beyond.
- Why Supply Chain Transparency and Sustainability are so Important Right Now: Extended supply chain transparency and sustainability were frequently discussed in educational sessions and at this year’s ProMat 2023 conference.
- Fashion Supply Chain Transparency Takes Center Stage: Fashion brands and retailers are requiring product chain-of-custody documentation from suppliers at every tier by collecting transactional data as raw materials are transformed into a finished product.
- Supply Chain Transparency is Essential for Restaurants & Their Suppliers: Supply chain transparency is a necessity in today’s world, and it offers many significant benefits to restaurants and other food brands.
- NY Legislature Considers Supply Chain Transparency Bills: New York State’s Legislature is considering several bills to get the state to utilize ethical and sustainable supply chains.
OUR PERSPECTIVE
- Transparency means knowing what you’re shipping. Supply chain transparency goes beyond knowing where goods are in the supply chain. For DG shippers, true transparency means knowing what exactly you’re shipping, the rules and regulations for shipping those goods, and that they’re being shipped and handled safely and compliantly – both internally and by your supply chain partners.
- Better transparency requires better data. Achieving greater transparency across the DG supply chain starts with having better data. Ensure you have complete and accurate product and shipping data, including components, makeup, dimensions, quantities, origins, shipping mode, etc. Then look to better absorb data into your supply chain – from suppliers and logistics providers to other departments – including access to safety data sheets (SDS) and other product and shipping documents.
- Integration is key. Alignment between systems enables an efficient, transparent and automated supply chain. Integrating DG software into other operations systems can provide a seamless, integrated solution for planning and executing DG shipments and ensure compliance with global shipping regulations and support a more transparent supply chain. And because data can be stored — and therefore maintained — in a central location, all stakeholders can work with accurate, up-to-date information.
To learn more about dangerous goods software or how to establish a safer, more compliant supply chain, visit https://www.labelmaster.com.
Have questions about dangerous goods transport? Call the Labelmaster Regulatory Hotline at 1.800.621.5808.
