inventory-management-software

How Inventory Management Software Helps You To Grow Your Business

Inventory management is important for properly managing the inventories. Inventory management ensures the proper and smooth functioning of the supply chains. Your customers rely on proper inventory management to receive orders accurately on time. In this blog, we have discussed how inventory management software helps you to grow your business.  

Improves inventory accuracy

Inventory management software allows you to accurately count the number of products in the warehouse or elsewhere in the supply chain. With inventory accuracy you can measure your production and supply in the market.

Helps in saving costs

Usually you have to use human resource to manage different functions in the supply chain. However, with automated inventory management system you can cut down your workforce and save your costs. In addition, the software also prevents duplication and diversion of your products thus saving your costs again.

Enhances data visibility

Inventory management software allows you to keep an eye on product inventories. With this you can make better and informed decisions for increasing your productivity. Moreover, you can easily track the quantity of raw materials and machinery in your manufacturing facility.

Manages stock issues

You can face timely challenges and problems in your supply chain. There are times when the right stock does not reaches to the retailer or there can be a discrepancy in the number of products in a batch. Problems like these can be easily resolved if there is a inventory management software in place.

Improves customer service

No wonder, inventory management software ensures timely delivery of products to the end consumers. Besides this the software also allows you to customise your services for the consumers according to their locations and proximity to the retail network.

Holostik is a leading player in providing customised inventory management software to different industries. Our inventory management software is implemented using smart labels or holograms. To know more about our customised inventory management software, connect with us @Twitter you can call us on +91–785-785-7000 or drop us a mail at connect@holostik.com.   

Warranty_Management_System

3 Ways Warranty Management Can Improve Your Business

Every year, organisations lose a large amount of money due to warranty claims processing issues. So, there is a dire need for effective warranty management that can reduce warranty spend, improve the quality of products, increase supplier recovery and enhance end-customer satisfaction. In today’s blog, we discuss three ways automated warranty management system can improve your business.

1. Faster claims process

An automated warranty management system in place helps to easily track warranties across the merchandise lifecycle. The system also helps in optimizing product value. The process helps in making the warranty claims process faster. It saves your ample amount of time in warranty claim evaluation which otherwise is wasted in dealing with heaps of documents in case of a manual warranty management process.

2. Improved client satisfaction

Implementation of warranty management system improves client satisfaction manifold. The system holds an integrated data framework which ensures swifter data recall for customers and other stakeholders. The system helps in boosting brand image of the company by providing services on time.

3. No fraud claims and low operational cost

Warranty processes and policies are important part of a business enterprise. An automated warranty management system in place helps to make the data more transparent. This reduces the chances of false claims and thus helps in improving the warranty management of the organisation. Moreover, warranty management also improves product quality considerations, customer and manufacturer relationship and operational efficiency. This together brings down the costs of the organisation.

Holostik provides an effective warranty management process through which one can track all warranties throughout the lifecycle of the product. The process not only ensures improved customer satisfaction but increases product quality and reduces service costs. We provide customised warranty management system through smart labels or holograms incorporated with QR codes.

When the consumer scans the QR code all the product information like manufacturing date, expiry date, warranty period etc. feeds in the database of the manufacturer. This information later helps the manufacturer, retailer and the consumer in processing warranty claims with ease.

To know more about our customised warranty management system, connect with us @Facebook, or call us, on +91–785-785-7000 or drop us a mail at connect@holostik.com.

track and trace system for pharma packaging

All You Need to Know About Track and Trace Systems for Pharma Packaging

Pharma business in India is facing many challenges like theft, diversions, product recalls, counterfeiting and strict regulations. When these challenges sum up, they lead to huge monetary losses and poor brand image. In this context, consumers have become aware of the harmful effects of fake and spurious medicines.  

According to a report by US Trade Representative Office, 20% of all drugs sold in Indian market are counterfeit. The report also state that India and China are the leading suppliers of fake medicines across the globe. 

Amidst this critical scenario providing supply chain visibility and traceability to pharma companies is of utmost importance. Taking a cue from this, the Indian government has made GS1 track and trace mandatory for drug manufacturers exporting drugs. According to the GS1 standards the primary, secondary and tertiary packaging should have a barcode encrypted with the mandatory information. 

Thereafter, the manufacturers have to upload this entire information on DAVA (Drug Authentication and Verification Application) -drug traceability system implemented by the Indian government. All the stakeholders of the supply chain can trace the drug through an application which is integrated with DAVA.  

The Indian government has proposed to set up a track and trace system for the domestic Indian drug market. Once implemented the system will help in preventing counterfeit medicines and increasing profits of the pharma manufacturers.  

Let’s understand some other benefits of having track and trace system in the pharma industry.  

  • Swift pharmacy billing: The track and trace system will ensure that the entire billing in the supply chain will help in quick and automated billing.   
  • Better inventory control: Manufacturers will be able to control the flow inventory at different stages of the supply chain. 
  • Bring down product recalls: Manufacturers will see a drop down in the incidents of product recalls.   
  • Prevent theft and counterfeiting: The track and trace mechanism will help in preventing the rise of fake products in the supply chain.       

Holostik is a leading player in providing track and trace solution for Pharma companies. We comply with GS1 standards and use QR code enabled security labels to secure pharma products and supply chains. To know more about our track and trace solution, connect with us@LinkedIn or call us on +91–785-785-7000 or drop us a mail at connect@holostik.com

counterfeit-drugs-affect-the-pharma-industry

How Counterfeit Drugs Affect The Pharma Industry

Fake or counterfeit medicines are not just harmful for the consumers but also for the pharma manufacturers. Every year, spurious or counterfeit drugs lead to huge amount of losses for the manufacturers, evade large scale taxes, tarnishes the reputation of brands. In this blog we discuss how pharma companies affect the pharma industry

Affects the sales of pharma companies 

Pharma companies have to face loss of millions of dollars every year due to the sale of fake pharma drugs. They face a drop down in sales which impacts their annual profits. Moreover, the money incurred on research and development is also wasted. According to the World Health Organisation (WHO), 35 percent of the fake drugs sold all over the world comes from India and this is real challenge for the manufacturers and the government.    

Impacts the brand image of companies 

The sale of counterfeit drugs in the market affect the brand image of companies. Fake drugs are harmful for the consumer and impact their health. In such a scenario, consumers can easily switch to a different brand or product. Companies invest huge amount of money for years to build brands, however counterfeits pose a risk to the same.   

Impacts the loyalty of the consumers 

Consumers tend to connect emotionally with a brand or product. They trust the products and brands which have delivered excellence and best customer support for them. However, due to incidents of counterfeiting consumers switch over to a new company and product. Moreover, they loose confidence in the product and brand affected by counterfeiting.  

Holostik is an industry leader in catering anti-duplication, smart packaging and GS1 track and trace for the pharma industry. Our solutions are developed under strict monitoring and we maintain global manufacturing standards. To know more about products and solutions, connect with us @Facebook or call us on +91–785-785-7000 or drop us a mail at connect@holostik.com.  

5-secrets-of-smart-packaging

5 Secrets Of Smart Packaging That You Must Know

Packaging plays an important role in safeguarding the product until it reaches the end consumer. However, with changing times as supply chains become more complex, packaging has become smart. Today, packaging is incorporated with advanced features like product authentication, augmented reality, tracking and much more. In this blog, we have discussed the five secrets of smart packaging so that you can make the right packaging choice for your product. 

 1. Anti-duplication 

Poor packaging can make your products highly susceptible to counterfeiting. This brings down your sales and tarnishes brand image. The answer to this is smart packaging incorporated with security features which cannot be copied by forgers or counterfeiters. Such packaging also helps in product tracking & thus ensures the safety of product throughout the supply chain.  

2. Tamper evident 

As incidents related to product tampering and counterfeiting continue to rise, packaging needs to have tamper evident qualities. This can include text tamper or pattern evident features. With this quality, forgers and counterfeiters find it hard to tamper with your product’s packaging or adulterate the contents of your product. Tamper evident features can be customized as per your specific needs.   

3. High sustainability 

With numerous environmental regulations in place, it has become important for you to use a highly sustainable packaging. Smart packaging must be made with materials that are not harmful for the environment with minimum carbon footprint.  

4. Enhanced consumer interface  

An important feature of smart packaging is that it should boost consumer interface. Packaging incorporated with digital QR codes can help in collecting consumer feedback, implementing loyalty schemes, managing warranties and other supply chain solutions. Besides this with the use of augmented reality you can add interactive information to packaging.   

5. Ample product information 

Smart packaging can be used to show ample amount of product information. This can be done with the help of QR codes which can store large amount of information related to the product. This includes product information, batch number, expiry date, instructions, precautions and much more.  

Holostik is a leading player in providing anti-duplication, smart packaging and supply chain visibility solutions. We have catered to more than 90 countries around the world. To know more about our products and solutions, connect with us @Facebook or call us on +91–785-785-7000 or drop us a mail at connect@holostik.com

Pharma Labels Manufacturers | holostik

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@holostik.com.          

Shrink Label Manufacturer

4 mistakes you can make while choosing shrink label manufacturer

Most of the bottled products require shrink sleeve labels for branding and security. As a manufacturer you might also require shrink labels for your products. With so many label suppliers available in the marketthe challenge to select the best can lead you to make mistakes. Here are the four common ones which you should avoid at all costs.  

1. Skipping the sampling process

While choosing a shrink label manufacturer your procurement manager might skip the sampling process. This can be disastrous for your company as you might get poor quality labels. Such labels can easily tear apart or get damaged in the supply chain. Skipping the sampling process for labels can also affect your brand identity. Poor quality labels are big no for your brand as they bring down your image in the market and weakens your customer’s trust.  

As packaging experts, we always advise to do the sampling of the products you are interested in. This ensures that you receive only great quality products at affordable prices.        

2. Not visiting the manufacturing site in-person

You can have the best experience of the product and the manufacturing process by personally visiting the manufacturing site. You can touch and feel the raw materials, adhesives and other materials used for making labels. This can give you enough understanding of the product quality and the standards utilised in manufacturing. 

We always recommend you to visit the manufacturing facility before making the deal. Visiting the site will instil confidence in you and make you aware about the quality of the shrink labels  

 3. Compromising quality for cost

It’s a fact that costs play a very important role in the healthy functioning of your company. The costs incurred on buying packaging solutions for your goods can impact your profits. However, there are instances when you just care about the costs and may choose a low-quality product. This compromise can give you a big setback. A poor-quality packaging product can never benefit you.  

We recommend you to stay away from a packaging solution that is too costly or too cheap. Try to go for a solution that is of high quality and comes at an affordable cost. A thorough research of the market and product sampling will definitely help you in this.   

 4. Overlooking the durability factor

You can make a big mistake if you are overlooking the durability of security labels. A lowgrade label cannot withstand the harsh conditions of the supply chain and can get damaged easily. Many procurement managers overlook the durability factor in packaging and later suffer from huge monetary losses. We always advice to check for the durability of labels before making the final deal.    

Holostik is a leading player in providing customised shrink sleeves to different industries. To know more about our shrink sleeve labels, connect with us @facebook call us on +91–785-785-7000 or drop us a mail at connect@holostik.com. 

Security Labels Manufacturers In India

3 ways security labels help you to increase profits

Security labels are important packaging products used in different industries. Labels help to create product and brand identity. However, product labels also play an important role in increasing your profits. In this blog we have discussed three ways security labels help you to increase profits manifold. 

1. Prevent duplication of your products 

A high-security labels cannot be copied easily and thus is an ideal product against duplication. Forgers and counterfeiters cannot breach the security of your product if it is secured with the right security label. Some of the high-tech security features in a label can include holography, security inks, guilloche patterns, covert images, digital product authentication, etc. A high-security label effectively checks duplication, and this prevents losses and boosts your company’s profits.

2. Empower your consumers 

Security labels help the consumer to instantly verify the genuineness of the product. Due to instant verification, the consumer feels empowered and this makes him a loyal customer of your brand. No wonder, the growing number of loyal consumers guarantees growth in your profits. Besides this, product labels also enable you to offer loyalty points and schemes which increase consumer retention and repetitive sales.  

3. Limit inventory wastage  

Quite often you are not able to determine your unsold inventory due to complex supply chain. This can lead to monetary losses and you may not be able to reap enough profits. However, security labels with digital supply chain solution lets you monitor the status of inventory at each stage of the supply chain. A comprehensive outlook of the supply chain allows you to easily measure the unsold inventory. From this, you can strategize your production for more profits without wasting your resources. 

Holostik is leader in providing security labels to different industries. Our wide range of security labels can be customized as per your specific needs. We use high-quality raw material, holography, security inks, patterns and digital product authentication features in our labels.  

To know more about our security labels, for more details visit our website, Youtube channel or call us on +91–785-785-7000 or drop us a mail at connect@holostik.com.   

Top 4 qualities to look for in holographic packaging films

Packaging films are used for multiple applications in different industries. You can select from a wide variety of packaging options for your products, however, packaging films fulfill your multiple requirements. In this blog, we have explained the four main qualities to look for in holographic packaging films.    

1. Durability

Poor quality packaging films can get easily damaged in the supply chain. Such films don’t offer protection to the products and make them highly susceptible to tampering, adulteration, and duplication. Your procurement team may skip to check the durability of the packaging films. This can be harmful to your products and profits.  

Your procurement team should always give a high priority to the aspect of durability in packaging films. A highly durable packaging film flawlessly secures the product and instills confidence in the end consumer that the product is safe. 

2. Affordability

If a packaging film doesn’t suit your budget, then it’s of no use. Your procurement team should analyze the quality and other factors relative to the costs. If the film is too costly or too cheap it is wise to avoid it.   

Your procurement team should always check for packaging films that are of supreme quality at affordable prices. Such films are best for your product and your business.  

3. Security

While you may consider a lot of factors before purchasing a packaging film, product security should be kept high on the priority. Your products are always susceptible to duplication, tampering, adulteration, etc. and this can give you sleepless nights. However, packaging solutions with security features can be the ideal solution. 

Your procurement team should always check for the elements of security in the packaging films. These can include holography, overt features, covert features, etcPackaging films with holography can offer optimum security to the product against counterfeiting.    

4. Aesthetics

Whatsoever may be the price, quality and security features of the packaging films, aesthetics matter most when it comes to attracting consumers. A poor packaging makes the product look unattractiveIt brings down the sales of your products and may lead down to a drop-down in profits. 

You should always choose a packaging film that has inbuilt aesthetics to attract your consumers. Your procurement team should check for design patterns and vibrant holographic features in the packaging films.       

Holostik is a frontrunner in providing high-quality holographic packaging films to different industries. We cater customized holographic films with security features like nano-optical images, covert features, etc.  

To know more about our holographic packaging films call us on +91–785-785-7000 or drop us a mail at connect@holostik.com 

How to identify best label manufacturers in India

Labels are important packaging products for most industries. Labels showcase important information related to the product and the brands. They also secure the product against duplication, tampering, and adulteration. With numerous label manufacturers available in Indiait has become a herculean task to identify the best. In order to simplify the process of selecting the best label manufacturers in Indiawe have explained the key points which you and your procurement manager should highly consider. 

1. Manufacturers who deliver high-quality labels at reasonable prices 

Your procurement manager may skip this important point before freezing the deal. Affordability is an important factor, but it should not be compromised with quality.    

Due to large number of label manufacturers in Indiait has become a daunting task to select the best. However, your procurement manager should always select a label manufacturer who offers high-quality labels at reasonable prices.  Successful label manufacturers will price their offerings reasonably in order to provide the highest quality. You should always stay away from a manufacturer who price their labels too low or too high 

2. Manufacturers who can provide inbuilt security features 

This is one of the key points which your procurement manager may overlook while choosing a label manufacturer. Products without security labels are like sitting ducks for forgers and criminals. Such products can be easily tampered, adulterated and copied. The sale of fake products in the market directly hits your company growth and brand image. We recommend you to stay away from label manufacturers who don’t deliver security features in the labels.   

It’s wise to take pre-emptive measures against fake products. For this packaging labels with inbuilt security features are the best. Your procurement manager should identify label manufacturers who provide packaging labels with brand protection features. Such labels can include holography, covert features, track and trace, and supply chain visibility.   

3. Manufacturer who offer customization 

Label manufacturers who don’t offer customized labels are a big no. As a manufacturer, you have specific requirements for your product labels. This can range from designs, shapes, tamper evidence, security features, and other important elements. Your procurement manager may skip the point of customization while sealing the deal. This could be very harmful to your company’s growth. 

Your procurement manager should give customization to the highest priority before selecting a label manufacturer. An ideal label manufacturer should always have the production capability to incorporate your specific needs in the labelsCustomized labels not only align with your brand image but also have the capability to offer rich customer experience.        

4. Manufacturers with high production capabilities    

Many timesyour procurement manager may overlook this important point while selecting a label manufacturer. Label manufacturers with incompetent production capabilities simply cannot meet your expectations. Your product packaging can suffer if your label supplier is not able to deliver the required quantity at the right time. This could affect your production and hamper your sales. Therefore, you should always assess the production capabilities of the label supplier before finalizing the deal.    

Holostik is a leading manufacturer of holographic packaging labels. We offer supreme quality labels made with high-quality raw materials and optimum manufacturing standards. Our labels can be customized as per your specific requirements. Our unique feature of offering integrated brand protection in the labels makes us stand out from the rest. Ware currently catering to more than 10,000 satisfied customers in 90+ countries 

To know more about our packaging labels, you can call us on +91–785-785-7000 or drop us a mail at connect@holostik.com.