Avery Dennison announced that it has partnered with SAP, signing an original equipment manufacturer (OEM) agreement. Through this agreement, Avery Dennison will integrate SAP Analytics Cloud, an SAP Business Technology Platform product, into its atma.io connected product cloud to help retailers address the huge issue of waste.

In the grocery sector for instance, some 30% of produce is estimated to be thrown away and 20% to 40% of beauty products are also estimated to go to waste.

Through this partnership, businesses that use SAP technologies can access item-level insights from atma.io for their products from manufacturing to distribution to shelf. The transparency provides unique supply chain information, enabling expiry date management and automation.

Driving these efficiencies is item-level data delivered to the SAP Analytics Cloud dashboard via atma.ioand products tagged with unique digital Identification (ID) technology by Avery Dennison, including radio frequency identification (RFID). It means retailers can experience accurate and timely analysis enabling them to automate food expiration management at the store.

It also means that grocers can go deeper into their supply chain and implement ‘dwell time’ measurement to boost the speed with which items move through warehouses and distribution centers so they can arrive in stores with longer shelf lives.
 
“Accurate real-time supply chain management is more important than ever and we’re pleased to partner with SAP to help businesses manage their supply chain operations,” said Max Winograd, VP, connected products at Avery Dennison Smartrac. “Food waste is a global problem, impacting people, planet and profits, and we’re greatly encouraged by the remarkable results digital ID technology and atma.io has already achieved with some of our existing retail customers and look forward to working with SAP so that more can reap these benefits.”