RFID in Packaging

• Annual CPG shrinkage of $60 billion of $3 trillion turnover (ECR Europe)
• 75 percent of retail product cost is “getting it there” (MIT)
• Spoilage of 20 percent of foods throughout the supply chain (FDA)
• Counterfeit product, with industry estimates of 15 percent in perfumes and 10 percent in pharmaceuticals, for example
• Retailer stockouts costing 6 percent of sales (Procter & Gamble)