LabelDrive: A paradigm shift in label procurement

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LabelDrive A paradigm shift in label procurement
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• Introduction
• When selecting a label supplier, many procurement
  managers and executives fall into the trap of
  focusing on unit costs. While a lower price per
  label might seem the best option, this narrow
  focus often overlooks the hidden costs associated
  with traditional procurement models. Adding to
  this problem is printers are conditioned to sell
  volume, often leaving PLMs holding the bag of
  excess inventory that risks obsolescence, damage,
  or loss) long lead times and inflexible ordering
  processes further inflate the total cost beyond
  initial expectations.
• Enter LabelDrive a solution that helps private
  label manufacturers (PLMs) slash costs,
  streamline procurement, and gain control of their
  supply chain. With LabelDrive, the focus shifts
  from unit costs to total cost savings. Heres why
  that change in perspective is critical for your
  business.

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• The real problem bulk buying and inflexibility
• To combat long and inconsistent lead times, PLMs
  are often forced to bulk buy labels just to
  secure a better price point or avoid stockouts.
  This bulk buying may reduce unit costs on paper,
  but it ties up valuable capital in excess
  inventory that could become obsolete with a
  simple design or regulatory change.
• In addition, brands are unable to vary their
  label designs for market testing or enhanced
  customer engagement (promotions, holidays,
  events, new sales channels, demographics,
  recipes, etc.), leaving them stuck with a
  "one-size-fits-all" approach. Without the ability
  to quickly produce press samples or adapt labels
  for different events or promotions, businesses
  miss out on valuable opportunities to connect
  with their customers.
• If these challenges sound familiar, youre not
  alone. Many PLMs face these exact issues, driving
  up total costs far beyond the initial price of
  the labels themselves.

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• The solution LabelDrive
• LabelDrive is a game-changer that eliminates
  traditional label procurement constraints,
  inefficiencies, and hidden costs. It offers PLMs
  an on-demand label procurement platform with
  features that provide unprecedented flexibility,
  transparency, and control while realizing cost
  savings of up to 60 (see case study at the end
  of this article).
• Heres what makes LabelDrive stand out
• On-demand Get 48-hour turnarounds or opt for a
  consistent weekly (or biweekly, etc.) inventory
  refresh, giving you just-in-time delivery without
  bulk buying or carrying excess inventory.
• No minimum order quantities (MOQs) LabelDrive
  eliminates the burden of high-cost MOQs, allowing
  you to order exactly what you need for your
  current production cyclenothing more, nothing
  less.

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• Branded procurement platform With a fully
  branded label procurement and management
  platform, you gain full control and visibility
  over the entire label procurement process, from
  order to delivery.
• The benefits of shifting focus to total cost
  savings
• Slash costs By using LabelDrive, you can reduce
  total costs by up to 60. The savings come from
  more than just a lower unit cost
• No excess inventory means less wasted, lost, or
  damaged stock.
• Reduced stock audits and storage costs free up
  capital.
• No risk of holding obsolete labels due to
  regulatory or design changes.
• Flexible procurement Instead of being locked
  into bulk purchasing to hit price points, you can
  order only what you need for your current
  production schedule. This flexibility helps free
  up cash flow, reduces warehouse space
  requirements, and allows you to respond quickly
  to market demands.

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1. Targeted consumer engagement With fast 48-hour
   turnarounds, you can vary label designs for
   events, seasonal promotions, A/B testing, new
   sales channels, and more. This agility allows you
   to customize your labels for specific
   demographics, social causes, or promotional
   events, boosting consumer engagement and
   increasing sales.
2. Streamlined automated procurement LabelDrive
   automates and consolidates the entire procurement
   process, eliminating back-and-forth emails, phone
   calls, and status checks. This reduces errors and
   speeds up the flow of information, removing
   friction from your supply chain.
3. Full supply chain visibility control
   LabelDrive provides predictable lead times,
   meaning you can plan your supply chain with
   confidence. With complete visibility into the
   production and shipment of your labels, youll
   never be in the dark again. This transparency
   enables better decision-making, reduces waste,
   and minimizes the risk of production delays.

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1. Consolidated procurement By consolidating your
   label procurement with LabelDrive, you can take
   advantage of group pricing, lowering costs for
   all your brands and private label customers. With
   one centralized supplier, procurement becomes
   easier to manage, and costs are reduced across
   the board.
2. Boost sales foster innovation LabelDrive
   supports the growth of startups and smaller
   brands by providing them with faster, cheaper,
   and more flexible label options. By eliminating
   traditional constraints like long lead times and
   MOQs, PLMs can foster innovation and grow
   alongside emerging brands.
3. Generate new revenue streams LabelDrives
   branded reseller platform allows you to add a
   markup to label prices for your customers,
   creating an entirely new revenue stream for your
   business. Alternatively, you can pass on the cost
   savings directly to your customers, strengthening
   your relationship and building loyalty.

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• How much does LabelDrive cost?
• Implementing LabelDrive is free because it
  streamlines and automates the procurement process
  and eliminates errors for all parties involved,
  providing you with faster service and enabling
  our team to scale without hiring more customer
  service reps.
• Conclusion focus on the big picture - total cost
  savings
• Focusing solely on unit costs when choosing a
  label supplier can lead to hidden expenses and
  inefficiencies that drive up your total cost of
  ownership. LabelDrive shifts the focus from the
  price per label to total cost savings, providing
  procurement flexibility, reduced inventory waste,
  and increased supply chain control.

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• Dont let the illusion of lower unit costs cloud
  your judgment. By embracing LabelDrive, you can
  unlock significant savings, enhance your
  operations, and set your business up for
  long-term success.
• Want to see how much you can save with
  LabelDrive? Try our new TOTAL Costs Calculator.
• For more information or a demo, please contact
  Mark Pohlkamp at 513-260-4400 or
  mpohlkamp_at_ltlco.com or visit Think Different
  Print.

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