Theft
and damaged products causes increases in pricing for Consumers
Package
protection isn’t what it used to be. Today, there are new types of bolt seals,
and RFID tags that can be accessed through an application on a cell phone,
evident tamper labels that are made specific to a certain company (with
customized colors and designs into the labels themselves). In past years,
thieves had a much easier time stealing merchandise. However, with each new
advancement in bolt seal designs or dunnage bags, thieves find alternate ways
around new security devices, such as evident tamper labels.
Many
companies are finding thefts are raising their insurance policies and overall
are costing them more to run their operations. While dunnage bags and bolt
seals cost only pennies on the dollar in some cases, some companies may find it
difficult to find the money to spend on preventative measures, while insurance
costs skyrocket. In order to offset many of their raising costs, some businesses
have turned to creative ways to manage operating costs, while still keeping
prices for consumers down when they are buying dunnage
bags, bolt seals, and even evident tamper evident
labels.
While
goods are sharply rising, some consumers are feeling the Pinch
Some
businesses absorb the cost of the hits they must take from thieves stealing
their merchandise that’s sealed with evident tamper labels. However, consumers
on fixed incomes may feel the effects more deeply, if costs rise by even a
penny or two. Many companies are trying to find alternatives that will help
reduce theft measures without raising product costs, such as RFID tags that can
be read by an application on a cell phone and other new technical advances in
security measures.
However, new
advancements are not just needed to curb theft and keep prices down for
consumers. New inventions, such as new dunnage bags, help companies prevent
cross contamination and keep products from falling over, spilling, and becoming
unusable. Damaged products can also drive up the price that a company must sell
its products for. However, some new designs in dunnage bags are cutting down
product losses. As technology keeps evolving, security companies will find new
ways to protect goods using redesigned bolt
seals and evident tamper labels.
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