In order to drive these new models and optimize profits, the food industry is actively exploring better ways to manage their inventory, drive frictionless retail and provide traceability throughout a complex supply chain. When the industry first looked at RFID technologies, iPhones didn't exist and sensor technology was still nascent. Now, we can affordably and reliably tag 100% of all items with innovations in on-metal, on-liquid and microwave safe solutions, inlays specially designed to respond to these challenges and we will continue to push the boundaries of integrated packaging. Combine this milestone with the incredible advancement of digital capabilities like predictive analytics, blockchain, and sensor technology, data sets have an exponential impact on efficiently delivering new models.
At a time when disruption is inevitable and margins are disappearing, intelligent labels are a proven solution to both service the new consumer models and drive new margin opportunities through elimination of waste, automation and supply chain optimization.