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Showing posts with the label Anti-Counterfeiting Coalition

UFlex addresses customers’ dynamic needs to be a front-runner in technology and business

A leading flexible packaging solution provider with customers across FMCG, consumer product goods, pharmaceuticals, and other sectors. A leading flexible packaging solution provider with customers across FMCG, consumer product goods, pharmaceuticals, and other sectors. Established in 1985, UFlex has become one of India's most reliable flexible packaging companies. The company offers an extensive range of manufacturing capacities of packaging films, flexible packaging, printing, and other value-added packaging applications, that cater to its customers spread across 140 countries. The services include technologically superior packaging for various products such as snack foods, candy, confectionery, sugar, rice and other cereals, beverages such as tea and coffee, and more. Read more

The Challenge of Counterfeiting : What Will Safeguard Brands from Counterfeiting Threats? UFlex

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The difficulties that ensue from counterfeiting result in a broad spectrum of negative after-effects for businesses, governments and consumers. The International Anti-Counterfeiting Coalition (IACC) describes counterfeiting as a crime, involving fraudulently manufacturing or distributing goods under someone else’s name, without their permission. Evolving into a worldwide challenge over time, counterfeiting incurs heavy losses on companies as they try to combat duplication and undermines the brand image as well as the consumers’ trust they have worked so hard to build over a long time. As per a study by Supply Chain Resource Co-operative, the counterfeited goods market has grown from $30B in the 1980s and exceeds $600B today. With rising counterfeiting incidents this number could soon rise to over $1.8 trillion, which is more than the gross domestic product (GDP) of many developing countries around the world.The rapid development of the internet and the proliferation of various digital...