Domino beefs up RFID supply chain capabilities
Domino Printing Sciences in the UK is the latest coding and marking company to take the RFID and smart tag/label markets more seriously. It has formed an Integrated Solutions Group to increase its share of the global business for product and asset traceability systems, including RFID and similar coding technologies. The aim is to help manufacturers to assess and integrate track and trace technology into their supply chains, perhaps as part of turnkey packages. The group will operate through Domino’s international network of subsidiaries and distributors. Domino recently appointed Gary Page and Tony Walsh as business development managers in the US and Europe respectively.
Domino is based in Cambridge and has a US subsidiary, Domino Amjet, located in Gurnee, Illinois. Its coding and marking systems not only incorporate RFID, but also variable data inkjet and laser technologies, mainly for the pharmaceutical, food and beverage industries. The company expects increased usage of RFID products in reducing drug counterfeiting. It cites recent Frost & Sullivan report estimates that RFID revenues from the healthcare and pharmaceutical industries will rise six fold, from $370 million in 2004 to $2.3 billion in 2011.
“These moves have created a lot of publicity, but they’re really the tip of the RFID iceberg — the consequences have reverberated up and down the supply chain,” said Simon King, director of Domino’s Integrated Solutions Group.