- YPB Group (YPB) has been awarded seven new stock keeping units (SKUs) as part of its agreements with Nature One Dairy and Nature’s Care
- The product authenticator said the new SKUs with Nature One Dairy will extend its CONNECT support to a new product line — the “TUBS Range”
- The company has also improved CONNECT’s operational hosting costs and improved the platform’s operational efficiency within China
- Additionally, YPB advises it’s released a new advanced analytics capability, which will be offered as a subscription-based service
- Shares in YPB have ended Tuesday up 14.3 per cent at 0.4 cents
YPB Group (YPB) has been awarded seven new stock keeping units (SKUs) as part of its agreements with Nature One Dairy and Nature’s Care.
The product authenticator said the new SKUs bring the total number of products covered by its CONNECT platform to 47.
The company also explained that the new SKUs with Nature One Dairy will be used in the food producer’s new product line — the “TUBS Range”.
YPB also used today’s market update to reveal it had improved CONNECT’s operational hosting costs by 40 per cent.
In addition to this, the platform’s operational efficiency within China has also been improved with no increase in operational cost.
“Our CONNECT team has done a marvellous job in Q1 2021 to reduce the hosting cost of the platform by working closely with Amazon Web Services’ (AWS) cloud
platform and to improve the support for scans in China,” CEO John Houston said.
“The enhanced analytics packages just released will add revenue, attraction and functionality to CONNECT,” he added.
“We also appreciate the support for CONNECT from our existing customers with the addition of 7 additional SKUs,” John said.
Finally, YPB has released a new advanced analytics capability, which will be offered as a subscription-based service to all customers.
Shares in YPB have ended Tuesday up 14.3 per cent at 0.4 cents per share.