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The supply chain greatly impacts an organization’s overall performance, and managing dangerous goods safely and compliantly as part of its operations adds a greater level of complexity. Moreover, many dangerous goods pros find compliance challenging and time-consuming, and aren’t fully confident about the value of their supply chains.
A recent Labelmaster survey found that 28% of dangerous goods pros either don’t believe or are unsure about whether their supply chains add positive economic impact to the business. And 56% harbor similar ignorance or doubt about whether their supply chains are a differentiator for their companies.
The lack of confidence that many dangerous goods pros have in their organizations’ supply chains is, in part, the result of specific gaps within operations and infrastructure. These include:
The shipping and handling of dangerous goods will only become more difficult as supply chains become more complex, greater numbers of items are classified as dangerous, and regulations continue to emerge and change. In order to ensure regulatory compliance and maintain a smooth, on-time hazmat supply chain, companies must invest in adequate compliance technology, training and infrastructure. Otherwise, they put their supply chain — and, ultimately, the entire business — at risk.
Pia Jala is Vice President of Consulting with Labelmaster.
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