In today's challenging business to business environment characterized by demand volatility, complex customer needs and uncertainty, there are many instances where Intelligent Packaging can help both the supplying and buying organizations.
One key area where Intelligent packaging can support companies operating in the B2B environment is for example to enable real-time end to end visibility to the supply chain through effective track and trace functionalities. Warehousing and inventory management processes can be made more efficient and accurate utilizing RFID technologies integrated in packaging. And more accurate planning and decision making is enabled by the data gathered from the intelligent connected packages.
Benefits of utilizing intelligent packaging are not only limited to cost savings, or better planning but will also ultimately improve sales through better customer service and satisfaction.