The genuine article: How to tackle product counterfeiting
Product counterfeiting is a serious problem for industry and consumers alike.As system provider, Netstal has tackled this problem and together with its partners, says it is able to offer its customers reliable and inexpensive solutions. At this year’s K Trade Fair, Netstal will demonstrate these solutions with the help of the first ever 128-cavity pipette tip production line.
“According to an Ernst & Young study, approximately 80% of all companies globally are affected by the counterfeiting of merchandise,” said Dr Patrick Blessing, head of Netstal’s Medical Technology and Precision Parts business unit. Statistics published by the European Union show that around 36 million counterfeit products are being confiscated annually by the customs authorities of member countries. At the same time, reports are on the rise about significant harm caused by the consumption or use of counterfeit brand-name products. The risk potential nowadays is great and continues to rise. However, counterfeit products do not just pose serious risks to people, animals and the environment. In the worst-case scenario, brands affected by counterfeiting can suffer from a loss of image that cannot be fixed in the short term. Therefore, companies are increasingly looking for ways to label their products as absolutely forgery-proof in order to optimally protect themselves and the consumers of their products from harm.
http://www.medicalplasticsnews.com/news/the-genuine-article-how-to-tackle-product-counterfeiting/
Related Posts
Alibaba Group signs anti-counterfeiting deal with CBBC
Alibaba Group has signed a deal with a British trade body that will help members...
2 held at airport with foreign currency worth Rs 26 lakh
KOCHI: The Customs Air Intelligence Unit at Cochin International Airport Ltd...
Banned Tobacco Worth Rs 8.5 Lakh Seized from Milk Crate in Nagpur
Nagpur Police seized banned tobacco products, worth around Rs 8.85 lakh on...
Cigarette smuggling report calls for stronger enforcement, harsher penalties
Massachusetts should increase spending on law enforcement and establish harsher...