Why Your Business Needs Supply Chain Management Software

As your business grow manifold and supply chain become more complex, it becomes challenging for you to keep a track of inventory, analyse the profits & losses, determine consumer retention and much more. Moreover, with the growth of fake products, adulteration and tampering you are continuously under the threat of facing huge monetary losses. Amidst this scenarioit becomes highly important to have a supply chain management software in place. Besides this there are many other reasons to use supply chain management software for your business. Let’s discuss them one by one.

 1. Prevents fake products and tampering

One of the biggest reasons for having a supply chain software in place is to prevent the counterfeiting of your products. Digital product authentication through smart labels or holograms helps in determining the genuineness of your product. Moreover, you can also track and trace your product in the supply chain with the same.  

 2. Improves inventory management system 

Supply chain management helps in improving inventory management system and eliminates waste items by allocating the right storage space. The system helps you to rightly assess your customer requirements and develops strong relations with other stakeholders of the supply chain. 

 3. Helps in achieving production outputs 

Supply chain management software helps you to develop better communication with your logistics, vendors and retailers. This major benefit helps you to determine the amount of raw materials, money and time involved in achieving the required production output. 

 4. Increases customer retention and repeat sales 

With the help of supply chain management software, you can easily implement loyalty or reward schemes for your consumers. A smart hologram or label with QR code enables your customer to redeem loyalty points by the scanning the same. This motivates your consumer for repeat purchases and thus increases your sales.  

Holostik provides a gamut of supply chain management solutions through smart labels and holograms. The QR code enabled labels are easy to implement and take less time for product authentication. One of the biggest advantages of our smart labels and holograms is that they are the perfect combination of holography and digital solutions.  

To know more about our supply chain management solutions, connect with us @twitter you can call us on 078578 57000 or drop us a mail at connect@ec2-54-210-245-44.compute-1.amazonaws.com.   

3 points to consider before you choose pharma labels for your products

Pharma labels showcase information related to the contents of the products, manufacturing details and other important data. These labels also help in branding & product authentication. With the introduction of bar codes, pharma labels have moved a step ahead and are used for a range of supply chain management solutions. In this blogwe have discussed three important points which you should consider before choosing pharma labels for your products.   

1. Security features in labels 

While looking for labels for your pharma products always check for the security features. Such features can include guilloche patterns, security inks, holography, tamper evidence, digital authentication etc. A combination of different security features make the labels foolproof against duplication. Pharma labels with high security features cannot be copied by forgers and counterfeiters.  

2. GS1 track and trace functionality

The Indian government has made track and trace solutions mandatory for all pharmaceutical export shipments which should be in compliance with GS1 standardsThis is to ensure the authenticity of the drugs exported to different parts of the world. The government is also planning to implement 2D bar code-based track and trace functionality for APIs (Active Pharmaceutical Ingredients) imported to India. Therefore, we recommend you to check that your label supplier is providing GS1 track and trace functionalityThis is very importantkeeping in mind the government’s new regulations to prevent the sale of spurious drugs.  

3. Durability of the label 

Before choosing a label for your product, you must do a product sampling. This will ensure that you get only high-quality packaging labels. Only such labels can withstand the harsh conditions of the supply chain. A durable label effectively showcases product information and also helps in boosting the brand image.    

Holostik is a leading player in catering tailor-made pharma labels. Our labels are made with high-quality raw materials, adhesives, inks etc. To make the labels highly secure we incorporate different security features as per the needs of the consumer. With the use of digital product authentication, we can also implement a range of supply chain management solutions. 

To know more about our pharma labels, connect with us @twitter you can call us on +91–785-785-7000 or drop us a mail at connect@ec2-54-210-245-44.compute-1.amazonaws.com.          

How to identify best packaging film manufacturers in India

Packaging films are highly important for your products and business. These films offer safety and brand appeal to your products. But, selecting the best packaging film for your requirements can be challenging. In this blog, we have explained the four parameters to identify the best packaging film supplier.   

1.Look for quality 

While looking for the best packaging film supplier quality should be on the top of your checklist. However, your procurement manager might overlook this point and purchase poor quality packaging films. Such films might save you money but could be potentially dangerous for your business.  

Your procurement manager should always look for quality of packaging films offered by the supplier. Moreover, the supplier must offer high quality packaging films at affordable prices.    

2.Look for security 

You should always look for the aspect of security while looking for packaging film manufacturers. A dubious packaging film supplier will not provide security features in the packaging films.  

Your procurement manager should always look for different kinds of security features in the packaging films. Some of the most common security features include holography and digital authentication features.  

3.Look for affordability 

Many packaging film suppliers can dupe you and supply poor quality packaging films at high prices. Besides packaging there are a lot of other things which you have to spend on, therefore selecting a supplier who offers packaging films at affordable costs is important 

Your procurement manager should always stay away from suppliers who offer products that are too costly or too cheap. He or she must look for solutions that are available at affordable prices.   

4.Look for aesthetics  

Packaging films that look dull and bland are a big no for your business. You should always choose those suppliers that offer attractive designs and features in the packaging films. A packaging film with aesthetics will increase your sales and business growth.  

Moreover, highly aesthetic packaging films have the quality to catch the eyeballs of your end-consumer and retain the current ones. 

Holostik is an industry leader in providing high-quality packaging films to different industries. We offer customized solutions as per your specific requirements. 

To know more about our packaging films call us on +91–785-785-7000 or drop us a mail at connect@ec2-54-210-245-44.compute-1.amazonaws.com.  

How QR codes can play an important role in preventing counterfeiting?

Nowadays, QR codes can be seen everywhere. You can find them on the packaging of food items, consumer electronics, business cards, presentations, websites, etc. People and organizations use them to store and disseminate different kinds of information, product authentication and implementing a gamut of supply chain management solutions.

Back in 1994, in Japan, Denso Wave a subsidiary of Toyota developed the first QR code in order to track the manufacturing process of its vehicles and parts. Since it was developed to allow for fast decoding speeds and thus got the name ‘Quick Response’ code. These codes are advanced versions of the previously popular barcodes. However, QR codes have the capability of storing a large amount of information and takes a comparatively smaller area for printing.

Just like a barcode a QR code stores information in a machine-readable optical label. The data contained by a QR code can include anything right from simple text, to e-mail addresses, to phone numbers and much more. The data stored in QR codes is in the form of black dots and white spaces which is arranged in a square grid. These patterns are scanned and translated in readable information for humans with the help of an imaging device like a camera or a scanner.

Today, organizations across the world use QR codes for not just storing information but also for product authentication and tracking. In times, when counterfeiting is on the rise and has become a multibillion-dollar business securing supply chain from the threat of counterfeiters is most important.

For this, a unique QR code is assigned for every individual product and also for the product pallet. While moving through the supply chain the product is scanned at different levels which not just authenticates the product but also updates the database of the system. Through this mechanism, a manufacturer can track the location of his or her product in the supply chain. Similarly, for the end consumer, a simple QR code scan determines the genuineness of the product instantly.

Holostik provides customized QR codes integrated with security labels and holograms. This provides double-edged security to the product against any possible form of counterfeiting. Our QR codes not just help in product authentication but also provide a gamut of supply chain management solutions.

To know more about our customized QR codes and the integrated solutions call us on +91–785-785-7000 or mail us at connect@ec2-54-210-245-44.compute-1.amazonaws.com.

Why Holostik’s loyalty management system is important for companies?

A famous author once said,” The greater the loyalty a company engenders among its customers, employees, suppliers and shareholders, the greater the profits it reaps.” The statement has turned out to be true in today’s market dynamics and companies are adapting loyalty management as a part of their services.

Among the many marketing concepts the loyalty management system has earned massive popularity in the last few years. This is because organisations are constantly working to find new ways to increase their consumers and also retain them.

A loyalty management system helps organisations to acquire, engage and retain their customers. The loyalty management system helps in better understanding of the relationship between customer’s and the company’s business. The system helps to manage and fairly reward people by developing and implementing strategies and policies which act in accordance with their value to the company. The loyalty management system should define the loyalties and the customers should be well acquainted with the same.

Holostik is a leader in providing supreme anti-counterfeiting products and solutions. The company also provides a wide range of IT-enabled solution. It provides a unique QR code printed with a smart holographic label or a smart hologram to its clients. With the help of QR code, the company is able to track all the loyal customers along with the rewards which lead to increased customer satisfaction and fair distribution of rewards.

Let’s understand the process of the loyalty management system

• The products are secured with a smart holographic label/smart hologram printed with a unique QR code.
• On purchasing the product, the consumer authenticates the product by scanning the QR code.
• On authentication, the user gets alerts for various rewards and other important notifications.
• The database is updated regularly, and the customer gets regular updates pertaining to rewards.

To get the best loyalty/reward management solution call us on +91–785-785-7000 or mail us at connect@ec2-54-210-245-44.compute-1.amazonaws.com.

Why organisations must use Holostik’s inventory management system?

Inventory management is important for organizations as it helps in managing the stock and inventory. Inventory management is an important part of the supply chain management system involving the controlling of inventory, storage and controlling the amount of product.

Inventory management helps the company to manage cash flows, manage the production and raw materials and examine the quantity of output which needs to be supplied to the consumer.

Holostik provides a robust and effective inventory management system. The company not just provides anti-duplication solutions but also caters customized IT-enabled supply chain management solutions. Holostik provides a customized inventory management solution after understanding the requirements of clients. Experts from Holostik conduct many brainstorming sessions with the client to develop a robust inventory management system for the client.

Let’s understand the process of an inventory management system which takes place under various steps:

  1. The inventory management system starts right from the raw material stage to the final finished product stage. With the help of an inventory management system, a manufacturer in real time can easily know the quantity of raw material converted into the product on the production floor.
  2. The inventory management process starts from the raw material stage to the final stage where we get the finished product. The inventory management helps to assess the quantity of raw material which is converted into a product on the production floor.
  3. The management can also determine the amount of final product which goes from the production floor to the warehouse and then to the distribution channel.
  4. The outreach of the system extends up to the retailer. The system helps the management in determining the inventory of the system at a different stage of the supply chain
  5. One of the main benefits of an inventory management system is that the inventory management system provides improved decision making. With the help of an inventory management system, the company owner can monitor and manage the complete production and distribution process with ease.