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Anticounterfeiting: Many happy returns

Combatting counterfeiting isn’t easy, and it’s not inexpensive. The tangible capital outlays to go to battle may include costs for packaging equipment, equipment integration, and ongoing materials expenses.

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The return on those investments may include the following benefits:

 

  • Fewer damage returns

     

  • Fewer expired returns

     

  • Increased sales due to market appearance

     

  • Reduced counterfeit and diversion losses

    Those were the findings presented by consultants Joseph F. Noferi, Esq., and Ralph L. Dillon, Compliance Surety Associates. These findings were part of a presentation entitled Justifying Your Investment in Anticounterfeiting, delivered at Pack Expo International, held in Chicago in November.

    Click here for a link to this and other sessions from Pack Expo.

    -Jim Butschli, Features Editor

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Annual Outlook Report: Workforce
Hiring remains a major challenge in packaging, with 78% struggling to fill unskilled roles and 84% lacking experienced workers. As automation grows, companies must rethink hiring and training. Download the full report for key insights.
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Annual Outlook Report: Workforce