OATSystems raise supply chain & mfrg efficiencies of HP & Tesco
20 Sep '07
3 min read
“This product addresses key primary end user requirements such as rapid and simple customization and integration, scalability, and mitigation of investment and technological risks.”
Asset tracking continues to be a costly challenge that virtually all manufacturing companies face. According to a study conducted this year by the Council of Supply Chain Management Professionals, businesses' total logistics costs—that is, transportation, inventory carrying, and order administration costs—have skyrocketed more than 64 percent in the past decade.
Furthermore, in an Aberdeen report titled "RFID-Enabled Logistics Asset Management: Improving Capital Utilization, Increasing Availability, and Lowering Total Operational Costs," almost half of respondents reported that logistics asset operations consume 5% or more of corporate revenue and almost one-fifth say it consumes more than one-tenth of revenue.
Businesses use OAT's Asset Tracking Solution to reduce these costs and improve operations. OAT's solution provides support for the entire RFID process from tagging to data capture to automation and error proofing of business processes to analysis.
The OAT solution also enables users to gain deep insights with a suite of analyses and reports that include asset timeline utilization, visual track and trace, historical analysis, real-time visibility into the assets and their contents, and status and exception reports to highlight process anomalies. The solution is available immediately.
“With more than 200 RFID deployments on five continents, OAT has gained substantial experience that has been incorporated into this solution delivering proven use cases that work out-of-the-box,” said Michael George, CEO of OATSystems.