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Consumer Staples
In a groundbreaking move to combat rising levels of retail theft, Coveris, a leading European packaging manufacturer, has expanded its SourceTag security solution to include printed cartons. This innovative approach aims to tackle significant losses in the fresh meat, beverage, and luxury goods sectors, particularly in the UK, where retail theft is estimated to cost around £1.8 billion annually.
Retail theft remains a persistent issue affecting businesses worldwide. In the UK, the increasing rates of theft have prompted companies to seek more effective and integrated security solutions. Traditional methods often involve applying secondary tags in-store, which can be time-consuming and costly. Furthermore, these methods may not always be effective, leading to significant losses for retailers and manufacturers alike.
Coveris' SourceTag cartons offer a cutting-edge solution to this problem by integrating a covert RF (radio frequency) tag into the packaging during the printing and conversion process. This innovation provides a seamless and automated security solution that works in harmony with in-store electronic article surveillance (EAS) antenna systems. Unlike previous methods, SourceTag cartons eliminate the need for manual application or removal of tags, reducing operational costs and streamlining inventory management.
The SourceTag carton solution is particularly beneficial for fresh meat, beverage, and luxury goods sectors, where high-value products are often targeted by thieves. By incorporating this advanced security technology into packaging, these industries can significantly reduce risks associated with theft.
Coveris' investment in inline tagging technology supports the automation of the SourceTag application process. This technological advancement not only enhances the efficiency of packaging production but also ensures that security tags are effectively integrated into the cartons without compromising their appearance or functionality.
By leveraging SourceTag technology, retailers can expect several benefits:
As retail theft continues to be a significant concern, innovative packaging solutions like Coveris' SourceTag cartons are setting a new standard in loss prevention. By combining technology with practical application, manufacturers can better protect their products and enhance supply chain security.
Coveris' extension of SourceTag security to carton packaging marks a significant step forward in combating retail theft. By offering a fully automated, integrated security solution, Coveris is helping businesses protect their products more effectively while enhancing operational efficiency and shopworker safety. As the retail landscape continues to evolve, innovative packaging solutions like SourceTag cartons will play a vital role in securing the supply chain and safeguarding profits.