
Supply chain visibility deals with the obtaining of information
at all stages of the supply chain including distribution, transit,
inventory and production line. Since significant amount of capital
is dispensed in order to obtain this information we believe that
companies will use RFID based solutions in order to track items
across the different stages of the supply chain to improve the
economics associated with gathering of this information.
Shipcom Solutions
Our RFID based solution concentrates on different areas of supply
chain visibility to include
Inventory Management
As the demand for a product increases in the market,
the complexity associated with packaging and logistics increases.
Inaccuracies in inventory control leads to asset losses, poor
decision making and reduction in overall efficiency of the process.
Real time information obtained through Shipcom' s CATAMARAN
solution can be used to control visibility of inbound
and outbound raw materials, en route materials, work-in process
inventory and sensitive materials.
Asset Control
The efficient utilization of assets in the form of raw
materials to obtain products is important for supply chain management.
RFID based tracking of assets through the supply chain with regards
to its location, movement, contents and other information allows
companies to increase inventory accuracy while reducing losses
and theft.
Transportation
Transportation represents the largest area of
lead-time variability in the supply chain due to the unpredictable
time frames involved. Automation obtained through Shipcom' s CATAMARAN
solution can be used to increase the efficiency by reducing time
taken in company to company handoffs and inspection of materials.
Improvement in Quality
Companies always look for methods to improve quality
by planning for problems that could potentially occur. Real-time
data associated with raw materials and processes obtained by Shipcom'
s CATAMARAN solution can be used in quality control
methods for statistical verification and root-cause analysis.
Some of the benefits of using Shipcom'
s CATAMARAN solution for supply chain management of companies
are:
Inventory Efficiency
With the reduction of the human factors the integrity of the data
collected increases significantly thereby resulting in improved
utilization of assets, reduced recalls of raw materials, performance
gains and lower out-of-stocks.
Higher Throughput
As the labor related inefficiencies are removed, the cycle time
associated with processing orders is greatly reduced while the
velocity of the goods moving through the supply chain is increased.
Increased Visibility
RFID tracking increases the overall visibility thereby
preventing losses and theft during storage, transportation and
the manufacturing process.
Reduced Labor
Reduced labor by providing automation of the supply chain
process which in turn leads to improvement in workforce ergonomics
and safety measures.
Lowering Costs
Due to automation, the capital required by companies
is reduced by lower inventory costs, less labor and increased
productivity. It also leads to greater revenue generated in terms
of increased quality and customer satisfaction.
|