FMN | June 21st, 2021

Label Problems (Cont’d from Page 1)

the United States (30 percent and 37 percent respec- tively),American manufacturers reported that meeting regulatory compliance (38 percent) was their greatest challenge, followed closely by reducing time to market (37 percent). Given the losses they are incurring due to shutdowns, it is unsurprising that 29 percent of the United States survey sample see“reducing costs”and 22 percent see productivity gains among the main benefits of mod- ernizing/automating their manufacturing processes, including labeling, with technology, while 31 percent reference “eliminating errors” as a key driver. Apex International Partners With Anderson & Vreeland Apex International has partnered with Anderson & Vreeland in Canada. Apex North America has been working with Anderson & Vreeland Canada for more than a decade; Anderson & Vreeland has been repre- senting Apex in Quebec and Eastern Canada.With this partnership, they will now service all markets, includ- ing flexible packaging, labels and corrugated printing. Anderson &Vreeland will have six teams throughout Canada representing Apex.These teams will deliver an all-in-one solution since they will handle everything from creating quotes to providing technical support.

The study also revealed that manufacturers — both globally and in the United States — were having to pause production lines just under six times a year on average due to such problems, with nearly three-quar- ters (77 percent globally and 69 percent in the United States) saying their production line had to be paused four times or more in the past year as a consequence of labeling issues. IT directors say incorrect labeling costs their organi- zations on average $89,000 annually, with 61 percent globally and 47 percent in the United States saying their organization incurred losses amounting to more than $69,000 from mislabeling on average in a year. And these are just the direct costs. Businesses should also be factoring in all the ‘hidden’ costs they may in- cur, such as loss of brand reputation, lost business, or lost time and money as a result of shipping delays, for example. In line with this, minimizing errors that lead to a need to relabel products is the second biggest chal- lenge manufacturers worldwide face in getting new label designs into production, cited by 35 percent of all respondents.The only challenge more pressing was extending the labeling process seamlessly across the wider supply chain, as noted by 38 percent of the glob- al sample.While these issues were also top of mind in

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Flexo Market News June 21, 2021 3

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