2019_2q_omron_e

24/42 IAB: Revolutionary Application Example (Traceability System)

Please turn to slide 23. As a result of more rigorous laws and changing consumer awareness, food and pharmaceutical manufacturers are increasingly seeking solutions to provide better product safety and peace of mind to consumers, as well as raising product quality levels. In response, traceability has moved from lot traceability to individual product traceability. In some cases, manufacturers are now working toward achieving full traceability and information management for individual components. However, in order to achieve traceability down to the level of individual products or components, the identifying barcodes must be miniaturized. Reading super small barcodes has been a major challenge for manufacturers. Additionally, the high cost of implementing a traceability system had also been a major barrier to adoption. However, last year, OMRON acquired the industry top class player in code readers, Microscan, and has been able to develop the technology for reading barcodes as small as 1mm?. In addition, we have also developed a programmable logic controller that is able to aggregate and analyze the massive volume of data generated by the proliferation of code readers. Creating a solution in the form of an application has made it much easier for our customers to adopt traceability systems. With this new super miniaturized system, we envision a future where individual MLCCs would each incorporate manufacturing data. We are focusing on growing sales of this system.