FMN | August 3rd, 2020

Avery Dennison Releases Market Insights Report Avery Dennison has published a Market Insights Re- port that highlights the effects of the IoT-driven digital transformation on the supply chains of a broad range of industries. The report was collated using a combi- nation of primary and secondary research methodolo- gies and yields several findings, particularly against the background of the COVID-19 pandemic. Sixty-five percent of the interviewees of the Supply Chain Market Insights Report said that sustainability will be an even greater priority than before COVID-19, and 83 percent believe that supply chains and associat- ed technologies, including RFID, can assist businesses with their sustainability objectives. The report is the result of an extensive survey with a panel of more than 700 c-suite and leadership roles from retail, logistics, and supply-chain industries across the UK, US, Central Europe, China and Japan earlier this year. In general, the report confirms a high level of awareness and interest in IoT-related technologies such as RFID.After all, 55 percents of respondents be- lieve that deploying these digital technologies across supply chains can assist in solving their concerns and “big issues” such as brand safety, trust, product authen- ticity, transparency, and ingredients integrity. In addition to the results of the quantitative and qual- itative research, Avery Dennison’s Supply Chain Mar- ket Insights Report also presents recent case studies of companies from the retail, food, apparel and other industries, and discusses the history, future prospects and significance of IoT for supply chains of all kinds. “The supply-chain revolution is upon us,” said Fran- cisco Melo,Vice President and General Manager,Avery Dennison Intelligent Labels.“It is becoming everyone’s concern. COVID-19 has brought the very simple prin- ciple of supply and demand into stark focus.” Aztec Label Expands Operational Space Aztec Label, the Kidderminster, UK-based manufac- turer of self-adhesive label and tag products, has ac- quired a further 4,000 square feet of operational space as part of its plans for growth. “This new acquisition takes our total facility foot- print to almost 20,000 square feet,” said Colin Le Gres- ley, Managing Director of Aztec Label. The new building is directly adjacent to the Aztec Label headquarters, a fully refurbished, 15,000-square- foot facility in the heart of theWest Midlands.“We have enjoyed enormous growth since our first labels rolled off the press in 1993,” said Le Gresley.

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8 August 3, 2020 Flexo Market News

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