Feb '08
RFID electronic devices are used to improve efficiency in inventory tracking in retail stores and outlets. RFID item level tagging has reduced stocking time from 7.5 hours to 1 hour at Marks & Spencer stores.
"I understand the relationship between Avery Dennison and Marks & Spencer is an extremely important one," said His Royal Highness. "It's another example of several I've heard so far on this visit of US and UK companies working together to benefit both our economies."
His Royal Highness' meeting at Avery Dennison was in his capacity as United Kingdom Special Representative for International Trade and Investment. His aim is to help foster good business relationships between California-based companies and the United Kingdom.
"It was a great honor to meet His Royal Highness and discuss how RFID technology is making it easier and more cost efficient for retail companies like Marks & Spencer to better serve their customers," Scarborough said.
"This technology is playing a growing role in how retailers track and market products to their customers. RFID is also a growing segment of Avery Dennison's business with our production of RFID inlays nearly tripling last year."
"I also enjoyed our discussion with His Royal Highness about Avery Dennison's business in England and the United Kingdom, which goes back to the early years of the Company," he added.
"We continue to have a significant presence in Great Britain, where we established our first label license holder in 1947 and opened our first roll materials factory in 1964."
Avery Dennison
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