How tough is the competition for consumer products? The average grocery store carries more than 39,000 products and if you sell online, that number increases exponentially. Although e-commerce gives consumers more shopping options than ever before, the digital environment is often one where smaller brands can thrive. Exposing customers to a broader range of options increases the variety of an existing product, creates opportunities to attract a wider and more diversified audience and provides current customers with additional options. Plus, because an extension to a current product line rarely requires new equipment to produce, it can increase economies of scale and lower unit costs. On the other hand, line extensions don’t come without their challenges. For example, managing a line extension can increase packaging complexity, taxing marketing and packaging teams. But, implementing steps such as multi-version labeling can simplify these challenges. Here are 4 benefits of using multi-version labeling that simplify the process.

Labels help organizations facilitate business functions. From differentiating a product, tracking inventory, verifying patient information, guiding medication dispensing and enhancing communications, for almost any organization, labels advance essential workflows. Although there are stock labels that work effectively for many business functions, others require a label with some level of customization. So when defining the label you need for your operation, how do you know if you need a stock label or a custom label?

Although sterile compounding standards have been in place for two decades, a recent ISPM study found gaps in how organizations handled and processed those drugs. With errors ranging from an incorrect dose or concentration to incorrectly labeling the CSP, only 56% of those surveyed reported that they defined and always followed SOPs.

More than 50 million people in the U.S. experience allergies each year. Although seasonal varieties make up nearly half of that total, other sensitivities, including reactions to medication, latex, food and more, can cause low blood pressure, breathing trouble, asthma attacks, and even death if not treated promptly. Preventing the risks that allergies create is challenging, especially in healthcare settings. Medical allergy alert labels are one tool care providers use to mitigate this risk.