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CKP

Company Description

Checkpoint Systems, a division of CCL Industries, is a global leader specializing in RFID and RF security solutions. With over 50 years of expertise, Checkpoint Systems offers an array of intelligent solutions that enhance retail operations from source to shelf. These solutions improve loss prevention, inventory management, and supply chain efficiency, ensuring clarity and profitability for various retailers worldwide.

Recently, Checkpoint Systems made headlines with its innovative RFID technology, which has revolutionized takeaway restaurant dining and supply chain operations. This breakthrough came after McDonald's France partnered with Checkpoint to integrate RFID technology into their new reusable containers, a move aligned with France's legislation aimed at reducing waste and preserving natural resources.

The project with McDonald's France began in 2021 and involved the installation of RFID hardware and software across over 1,200 restaurants. This initiative has enabled McDonald's to achieve real-time visibility of its reusable tableware stock, leading to efficient inventory management, optimized replenishment, and long-term security of stock lines. Additionally, the RFID solution developed is food-safe, heat, and water-resistant, ensuring durability and usability in various forms of tableware, from cups to fries' containers.

Checkpoint's groundbreaking work has not only helped McDonald's France reduce waste but has also provided accurate, real-time data on stock inventory and replenishment needs, with up to 99% accuracy. This project underscores Checkpoint Systems' commitment to supporting brands in achieving a greener future and enhancing supply chain visibility without compromising on efficiency or profitability.

For more information on Checkpoint Systems and its range of innovative solutions, visit www.checkpointsystems.com.

About CCL Industries
CCL Industries Inc. is a global leader in specialty label and packaging solutions, catering to global corporations, small businesses, and consumers. With over 21,000 employees and more than 180 production facilities in 40 countries, CCL Industries operates on six continents, with corporate offices in Toronto, Canada, and Framingham, Massachusetts. For more details, visit www.cclind.com.

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No SEC filings available for CKP.

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Frequently Asked Questions

What does Checkpoint Systems specialize in?

Checkpoint Systems specializes in RFID and RF security solutions, offering intelligent solutions for loss prevention, inventory management, and supply chain efficiency.

Who is Checkpoint Systems' parent company?

Checkpoint Systems is a division of CCL Industries, a global leader in specialty label and packaging solutions.

What was the recent project Checkpoint Systems completed with McDonald's France?

Checkpoint Systems worked with McDonald's France to integrate RFID technology into their new reusable containers, enhancing inventory visibility and sustainability.

How does Checkpoint's RFID solution benefit McDonald's France?

The RFID solution provides real-time visibility of reusable tableware stock, leading to efficient inventory management, optimized replenishment, and reduced waste.

What is notable about Checkpoint's RFID technology for McDonald's France?

The RFID technology is food-safe, heat, and water-resistant, allowing it to be used for various tableware forms and ensuring durability.

How accurate is Checkpoint's RFID solution in managing inventory?

Checkpoint's RFID solution offers up to 99% accuracy in providing real-time data on stock inventory and replenishment needs.

How many McDonald's France locations have implemented Checkpoint's RFID solutions?

Over 1,200 McDonald's France restaurants have implemented Checkpoint's RFID solutions.

What is the impact of Checkpoint's RFID project on McDonald's France supply chain?

The project has improved supply chain visibility, inventory management, and waste reduction for McDonald's France.

Where can I find more information about Checkpoint Systems?

More information about Checkpoint Systems can be found on their website at www.checkpointsystems.com.

What are the corporate offices of CCL Industries?

CCL Industries' corporate offices are located in Toronto, Canada, and Framingham, Massachusetts.