This document discusses the structure-process-property relationship in biaxially oriented shrink film. Specifically, it focuses on material and equipment design. For material, it describes the development of a dual reactor LLDPE that addresses deficiencies in existing resins. Experimental films using this resin exhibited good physical properties. For equipment, it discusses Sealed Air's development of an annular microlayering die technology to produce thinner films with superior performance at lower cost.