State of the Industry-Tags and Labels
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This issue was mentioned by Christian Simcic, group VP for Avery Dennison Roll Materials, in his Keynote Address at Labelexpo in September. He said that channel consolidation was one of the major challenges facing the industry. What results, said Simcic, is that major retailers such as Wal-Mart and Target put intense pressure on the consumer goods companies, who respond with innovative packaging and decreasing cost structures. This, in turn, requires converters to implement rapid productivity gains and lower costs.
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