
Matthews Marking Systems Germany GmbH
How to Stop Fake Goods with Laser Coding
Counterfeiting is a global problem and it’s vital for manufacturers to implement counter measures.
Using laser marking machines to place unique, permanent codes on products and packages is a simple and effective way to fight back.
Manufacturers use both overt and discreet laser marking strategies to thwart counterfeiters.
According to the US Chamber of Commerce, the impact of counterfeit goods on the global economy can run more than $500 billion a year. Year after year, businesses are losing a significant amount of their profit to counterfeited goods, with the Organization for Economic Co-operation and Development (OECD) reporting that counterfeiting accounts for 3.3% of all global trade.
In addition to wreaking havoc on markets, fake drugs, automotive parts, electronics, foods and beverages including wine and spirits, tobacco and other consumer packaged goods can have serious impacts on the health and safety of everyday consumers and entire communities.
Read more: https://matthewsmarking.com/blog/how-to-stop-fake-goods-with-laser-coding/
https://matthewsmarking.com/blog/how-to-stop-fake-goods-with-laser-coding/
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