Loftware announced the Enterprise Labeling Maturity Model, which offers a methodology to evaluate the current effectiveness of a company’s enterprise labeling. This interactive framework highlights capabilities and processes over five specific stages of maturity and offers companies a roadmap for continuous improvement in labeling across their supply chains and global operations.
An interactive assessment allows companies to complete an online survey to identify strengths and weaknesses across a continuum and determine their current level of Enterprise Labeling maturity. Companies that take the assessment receive a personalized report, enabling them to review their current labeling maturity and then identify areas needed for growth and improvement.
“This maturity model offers business leaders insight into their labeling effectiveness and allows them to identify a clear path to prioritize efforts and ensure that labeling is optimized,” said Robert O’Connor, Jr., president and CEO, Loftware.
“Every company is different in terms of their global requirements and ability to support evolving business demands. This model offers all companies a framework for the key steps needed to progress to the next stage of labeling competency and realize the associated business benefits and financial returns.”
To help determine at which stage a company presents, participants completing the survey assessment are provided with a labeling maturity score and a personalized report intended to show them how to:
- Evaluate current effectiveness of labeling capabilities;
- Determine key steps required to achieve higher levels of competency;
- Collaborate with internal teams regarding next steps for labeling; and
- Develop a blueprint to prioritize labeling investments.
The Enterprise Labeling Maturity Model was developed as a result of working with companies in the labeling space for more than 30 years to identify the most critical areas of development and growth when it comes to supply chain labeling.
For more information, visit www.loftware.com.