Week of March 7, 2022
Linking supply chain news with dangerous goods compliance
The push towards greater automation and transparency within the supply chain has brought with it an increased focus on integration – between systems and partners.
Let’s examine some recent industry news.
SUPPLY CHAIN NEWS
- Supply Chain Integration Issues Costing 38% of Companies $500,000 or More a Year: Research found that while 85% of companies said they are losing money to integration issues related to their supply chains, some 24% are losing $500,000 or more.
- Unlocking the Value of Supply Chain Integration: Enhancing integration across supply chain partners and supply chain processes can help improve supply chain operations.
- Autonomous Supply Chain Planning for Consumer Goods Companies: To capitalize on analytics, consumer packaged goods organizations can build an integrated system with the power to oversee and control the entire supply chain from end to end.
- TMS/WMS Integration: One Size Doesn’t Fit All: In the absence of a complete and seamless connectivity of these two systems, organizations often underserve three simple, but very crucial business assets: time, money and potential.
- Newell Brands’ Integration Plan Will Improve ‘Fragmented’ Distribution, CEO Says: Newell Brands’ integration of 23 business units into a single supply chain will better leverage the company’s massive scale.
OUR PERSPECTIVE
- System integration won’t automatically support DG compliance. Alignment between systems enables an efficient, transparent and automated supply chain. That’s why integration efforts have ramped up in recent years, whether it’s businesses integrating their own systems or solution providers wanting to offer more comprehensive solutions to their customers. However, given that most TMS, ERP, WMS or OMS solutions aren’t built with the necessary functionality to position hazmat as their main focus, purchasing and integrating those systems is not sufficient to improve DG operations.
- Integrating DG compliance into operations. Dedicated DG compliance technology can have a significant impact on a company’s ability to maintain an efficient and compliant supply chain and address the DG shipping gaps within other systems. But to truly optimize DG shipping operations and drive real business value, companies must successfully integrate compliance with the rest of their operations and systems, ERP, TMS, WMS, etc.
- Seamless, compliance DG shipping. Integrating DG software into other operations systems can provide a seamless, integrated solution for planning and executing the DG shipments and ensure compliance with global shipping regulations. When this is done, organizations can achieve best-of-breed functionality via a single, familiar user interface. And because data is stored — and therefore maintained — in a single location, all stakeholders are working with accurate, up-to-date information, so there is no wasted time or effort related to reentering data in multiple systems or learning how to use multiple interfaces.
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.
As the industry’s most robust, flexible, and advanced hazmat shipping software, Labelmaster’s DGIS can actually help your operation make more money. DGIS validates shipments and prepares DG declarations so quickly, you can handle more shipments every hour. And more shipments mean more revenue.
Try your own numbers in our calculator to see the added revenue DGIS can generate for you.
