Substance Management refers to the systematic approach of handling various materials and chemicals used in industries, laboratories, and workplaces. It involves the identification, assessment, and control of substances to ensure safety and compliance with regulations. This process helps prevent accidents, reduce environmental impact, and promote health among workers. Effective Substance Management includes maintaining accurate inventories, proper labeling, and safe storage practices. It also involves training employees on the risks associated with specific substances, such as hazardous materials or toxic chemicals. By implementing these practices, organizations can create a safer working environment and minimize potential liabilities.