There are many benefits companies today can receive from the deployment of RFID solutions. Inventory Levers Impacted Inventory days on hand Safety stock Transit inventory including yard inventory Recurring inventory carrying costs Promotion management Variables Benefits Visibility of real time information Volatility in supply chain Lead time reduction Supply chain throughput (increased cross dock). Shrink Levers Impacted Error related shrink Internal/external theft Variables Benefits Tracking and tracing high value items Real time information flow Reduced human error Labour Levers Impacted Labour productivity Supply chain throughput Variables Benefits Time to complete manual processes (receive, sort, put-away, pick, ship) Validation and audit processes Assets Levers Impacted Utilization of assets Depreciation of charge on distribution owned Total distribution of asset base Detention penalties on 3rd party assets Brand management Variables Benefits Increased throughput Tracking and tracing assets Fewer assets required – lower asset base and depreciation charge Transportation Levers Impacted Freight costs Reverse logistics costs Variables Benefits Outbound load density through better information, planning and improved throughput (cross dock).
Inventory & Asset Management How Wireless Technology Can Add Values 2005 Wireless & Mobile WorldExpo Victor Chen Bell Canada Enterprise Wireless Solutions
Wireless Technologies and Business Applications RFID Asset Tracking Supply Chain Inventory Management Wireless LAN Data Collection Mobile Devices Fixed Readers EPC Standard Barcode Active Tags Data Communication Wireless Switch Mobility Access Ports
Bridging Wireless Technologies and Business Applications Wireless Data Collection Wireless Data Communication Data Management and Processing Asset & Location Tracking Asset Management Inventory Management in Supply Chain Applying Mobility to Business and Operational Process Handheld Devices, RFID, Barcode WLAN Infrastructure WWAN Network Application Software
Enterprise Asset Management Managing assets that are owned or leased by organizations IT Equipment Restrictive “Mobile” Tools Facilities Production Assets Fleet
Needs and Challenges
Manage all assets critical to the performance of the organizations.
Keep the organization’s assets operate at optimum efficiency.
Address budgetary and services issues . Protect significant investment in assets.
To be aware of the location, condition, availability and utilization of equipment and capital assets.
Improve asset accountability and regulatory requirement (e.g. Sarbanes-Oxley).
Applies enterprise mobility to the EAM process to improve productivity.
Keep the organization’s assets and operations at optimum efficiency.
Mobile EAM solution provides workers with critical information at the point of activity.
Enable faster and accurate distributed assets information to transmitted back to the EAM system.
Mobile Portion EAM Portion Wireless Switch 802.11 WLAN Access Ports EAM System Server EAM Application Software Switch Rugged Mobile Computers (Barcode and./or RFID) Enterprise Resource Planning (ERP) System RFID Infrastructure: Readers and Tags Key Components Enterprise Asset Management or similar function backend software WLAN Infrastructure: Access Ports and Wireless Switches OR Rugged Mobile Computers: WLAN 802.11 enabled
Supply Chain and Inventory Management Distribution Centers and Warehouses Manufacturing Plants Raw Material Facilities Retail Stores Inventory Flow in a Supply Chain (Raw materials, work-in-progress and finished inventory) Consumers Supplying the right products At the right moment At minimal cost To achieve objectives of SCM In the right quantities
EPC (Electronic Product Code) RFID (Radio Frequency Identification) Solutions can help organizations boost productivity, improve customer service, and lower costs
Solutions Description Warehousing - Automated Shipping & Receiving Tagging items at the case and pallet level with RFID tags. Readers placed at warehouse dock doors record the items loaded and unloaded from trucks; backend system verifies contents against PO and ASN. Retail - Item-Level Shelf Monitoring Tagging at the item-level, along with ‘smart shelves’ – units with RFID readers built in, provide immediate feedback for replenishment, in addition to notification of misplaced items. Manufacturing - Work-In-Process Tracking High value items and highly regulated items that require data gathered at various points in the production line are excellent targets for RFID tagging. Record safety test data at each step in the process, automatically.
EPC Class 1 Label Packaged Product Encode/Apply Printer Manufacturing (Crate/Box Level) Warehouses and Distribution Center (Pallet Level) Retail Outlet (Unit Level) ExpressVu boxes with EPC Class 1 Labels Antennas Shelves Application of RFID in Inventory Management EPC RFID Portal and EPC RFID tags
The Power of Wireless Technologies Barcode RFID Wireless Data Collection & Communication Technologies Business Applications Major Customer Benefits Increase Supply Chain Management efficiency Increase workers’ productivity Increase data recording accuracy Reduce inventory cost Enhance assets tracking capability Increase inventory control efficiency Enterprise Asset Management Software Warehouse Management Systems Software Applications Software Combining with To deliver Increase asset management efficiency Asset Management Asset & Location Tracking Inventory Management in Supply Chain WLAN WWAN To support Applying Mobility to Business and Operational Process