RM2 International SA Pallet Loss Will Be Reduced with RM2 Innovation
November 01 2016 - 2:00AM
RNS Non-Regulatory
TIDMRM2
RM2 International SA
01 November 2016
Release Date: Nov. 1, 2016
RM2 International S.A.
Pallet Loss Will Be Reduced with RM2 New Innovation
RM2 International, the vertically-integrated innovator in pallet
development, management and supply is introducing a proprietary
solution to monitor pallets as they move through the supply chain.
ELIoT (Electronic Link to the Internet of Things) is a track &
trace monitoring device that enhances both pallet and supply chain
security and provides actionable information.
"What separates ELIoT from other track & trace technologies
is that it's knitted into the fabric of the BLOCKPal(TM) and it's
completely maintenance free," said David Simmons, Chief Technology
Officer of RM2. "ELIoT can provide a standalone service or be
seamlessly integrated into a customer's operational IT
systems."
"ELIoT is entering the market at an opportune time as demand for
technological solutions in the supply chain surges," said David
Kalan, VP of Marketing and Sales for RM2. "For example, in the US
Pharmaceutical Supply Chain Act of 2012, there is a future mandate
for the track and trace capability from raw materials to finished
goods. This mandate is for both the product and pallet, until ELIoT
there was no solution to satisfy this demand. ELIoT increases our
client's visibility and provides them with accurate location
information throughout the supply chain."
RM2 will introduce ELIoT at Pack Expo International and Pharma
Expo in Chicago, IL from Nov. 6 - 9, 2016. RM2 will be located in
the East Hall booth 6785 within the Reusable Packaging Association
Pavilion.
"The strength, durability and reparability of the BLOCKPal
translate into well over a hundred pallet trips. These
characteristics combined with ELIoT, makes the RM2 BLOCKPal pallet
an affordable and trackable solution comparable to both wood and
plastic pallets," said Kalan.
All Pack Expo attendees are invited to RM2's Learning Center
Session on "The New Pillar of a Successful Reusable Packaging
Program: IoT". The session will be on Nov. 8 from 12:00 pm - 12:45
pm Central Standard Time held on the Reusable Packaging Association
Stage located in the East Hall.
RM2 International S.A.
David Kalan Senior Vice-President of Marketing
& Business Development 480.334.1016
Strand Hanson Limited (Nominated & Financial +44 (0) 20 7409
Adviser) 3494
James Spinney / Ritchie Balmer / James
Bellman
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+44 (0) 20 7653
RBC Capital Markets (Joint Broker) 4000
Tristan Lovegrove / Jonathan Hardy / Ema
Jakasovic
Note to Editors
RM2 International S.A. specialises in pallet development,
manufacture, supply and management to establish a leading presence
in global pallet supply and improve the supply chain of
manufacturing and distribution businesses through the effective and
efficient use and management of composite pallets. For further
information, please visit www.rm2.com
This information is provided by RNS
The company news service from the London Stock Exchange
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