Research and innovation in supply chain & logistics in the packaging sector has declined in the last quarter – but remains higher than it was a year ago.
The most recent figures show that the number of supply chain and logistics related patent applications in the industry stood at 10 in the three months ending May – up from 7 over the same period in 2021.
Figures for patent grants related to supply chain and logistics followed a similar pattern to filings – growing from 2 in the three months ending May 2021 to 5 in the same period in 2022.
The figures are compiled by GlobalData, who track patent filings and grants from official offices around the world. Using textual analysis, as well as official patent classifications, these patents are grouped into key thematic areas, and linked to key companies across various industries.
Supply chain and logistics is one of the key areas tracked by GlobalData. It has been identified as being a key disruptive force facing companies in the coming years, and is one of the areas that companies investing resources in now are expected to reap rewards from.
The figures also provide an insight into the largest innovators in the sector.
Avery Dennison Corp was the top supply chain and logistics innovator in the packaging sector in the latest quarter. The company, which has its headquarters in the United States, filed 6 supply chain and logistics related patents in the three months ending May. That was the same as 6 over the same period in 2021.
It was followed by the Finland based Stora Enso Oyj with 3 supply chain and logistics patent applications, and the United States based Greif Inc (1 applications).