Credit: Shutterstock photoSealed Air CorporationSEE has signed a sales-and-marketing agreement with Cubiscan to provide new automation options to address significant productivity challenges of customers. Per the agreement, the companies will join forces to expand markets for their products and services.
Notably, Sealed Air's automated fulfillment solutions will minimize shipping, materials, labor and operating costs while optimizing productivity. On the other hand, Cubiscan provides systems and software that capture the dimension and weight data of packages.
Thus, the sales and marketing agreement will enable customers to manage their omnichannel packaging and shipment logistics with greater accuracy and efficiency. The deal will also assist customers to create sustainable, right-sized, automated packaging which will minimize costs and reduce waste as well.
Sealed Air's top line will continue to be supported by enhanced demand for its core product portfolio, recently-introduced innovations and strong fresh food markets along with the e-commerce sector. The company should benefit from the commercialization of new products.
Sealed Air is winning new customers globally given its innovative platforms, including the Internet of Things, Intellibot robotics, clean-in-place solutions, biodegradable chemistry, dry lube and others. Furthermore, it is exploring opportunities to expand existing relationships and expand its own brand into new channels.
Along with Sealed Air, AptarGroup, Inc. ATR , Greif, Inc. GEF and Bemis Company, Inc. BMS also belong to the Containers - Paper And Packaging industry. These companies continue to focus on investments and improvement in product innovation to drive growth.
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Greif, Inc. (GEF): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
