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Honeywell New Product Idea
Submitted 6 years ago
U.S. Household Food Waste is the focus of our product. A key factor in Reducing Food Waste is knowing what you have, where it is, what it is, when it was purchased and the shelf-life. Our product addresses these elements.
The product is based on Radio-Frequency Identification (RFID) and by using an innovative approach to product packaging, (redesigned) set of components and software makes for a cost-effective consumer product.
With our product it potentially saves the consumer money $ 500 to $1,000 per year on their food bill.
Our product has the potential sales revenue of $ 1.300 million for the U.S. only.
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