SlideShare a Scribd company logo
KoolMax 360 RFID Visibility Platform
Operations Challenges:
Slow and error prone audits
Loss of revenue on
Out of stock items Poor security, accountability
and validation at every step
Inventory Inaccuracy
Vendor Errors & Fraud
Less frequent audits
23%
17%
8%
5%
19%
13%
4%
3%
8%
Loss of sales revenue due to out of
stock
Shrinkage losses
High Labor costs
Inventory write-offs
Inventory inaccuracies
Expired items
Excessive inventory holding costs
Low inventory turn-over
Finance Challenges:
Solution:
RFID Label is applied to
any of the following:
•Item
•Box
•Pallet
All tagged Inventory will
be tracked automatically
Using Mobile RFID
reader, user can quickly
audit inventory, search
for missing and
misplaced items
System Components:
Mobile RFID Reader
DominateRFID Inventory Visibility Software
RFID Antenna & Portal (optional)*
RFID Tags
*RFID Antenna & Portal are not required for the system to operate.
Speed
• Receive, Transfer and Scan hundreds of items within a second.
• Search and quickly find missing or misplaced items.
• Scan a location and see what items do not belong to that location.
Accuracy
• Eliminates error prone manual count.
• Count entire inventory with 100% accuracy.
Inventory Audit
• Perform daily audits with minimal workforce.
• Perform audits while the store is open and operational. No more night shift inventory counts.
• Tremendous flexibility in selecting the item audit list.
RFID Benefits:
Increase Efficiency
• Enables management to make real-time and informed stock replenishment decisions.
• Identifies inefficiencies and makes everyone accountable.
• Eliminate paperwork.
• Reduces dependencies on staff and makes the operation system dependent.
• Provides real inventory numbers instead of polished and adjusted ones.
• Bring consistency and uniformity to the operation.
• Automatically detects and updates item location as it moves.
Loss Prevention
• More powerful Anti-Theft system that existing EAS:
• See the image of the item leaving the store on a smart phone.
• Know how many unpaid items are leaving the store.
• Tags do not get disabled. They can be re-used upon customer return.
RFID Benefits:
Extensive Search and Find capability
Stock Count:
Do a quick count of your
entire inventory (minutes
instead of hours or days)
Stock Search:
Search & quickly find
missing or misplaced Items
Misplaced Search:
Scan a location & see
which Item does not
belong to that location
Operations Benefits:
Real-time stock visibility Perform inventory audits
on daily basis
Increase efficiency, accuracy,
and employee productivity
Increase operational velocity
Eliminate stock-outs and
improved product availability
Reduction in inventory
stocking levels
Finance Benefits:
1
100
More frequent and
accurate audits
Increase inventory
turnover ratio by
multiples
Improve order fill
rates
Increase sale,
eliminate inventory
Shrinkage, and theft
Reduce logistics and
inventory handling
costs
Increase asset
utilization and
improved use of
capital
Sales
More frequent and accurate audits
Increase inventory turnover ratio by
multiples
Improve order fill rates
Increase sale, eliminate inventory
Shrinkage, and theft
Reduce logistics and inventory
handling costs
Automated system requiring
absolute minimum supervision
Web-based application
eliminates the need to install
and maintain on individual systems
Easy to use menus
requires minimal user training Built-in reliability Easy to maintain
Real-Time Diagnostics Monitoring System
automatically reports
any faulty components
IT Benefits:
Business Drivers for DominateRFID
• Cloud, hybrid-cloud and local data
processing options.
• DominateRFID’s exclusive Universal
Integration Link, will easily integrate with
your ERP, WMS or any system.
• Extensive Alert system
• Tracks individual merchandize from
manufacturing through distribution to
point of sale (POS) with 100% visibility
throughout the chain.
Why DominateRFID Inventory Visibility System?
RFID TAG
Reader
100% of what you want
Simple to use. Simple to maintain
No barriers. No complications
We make RFID Simple & Affordable

More Related Content

What's hot

IT Operations Management with OpManager
IT Operations Management with OpManagerIT Operations Management with OpManager
IT Operations Management with OpManager
ManageEngine, Zoho Corporation
 
Pick To Light Warehouse
Pick To Light WarehousePick To Light Warehouse
Pick To Light Warehouse
Brilliant Info system
 
Introducing Sage 100 Version 2016 - A Look at the New Release
Introducing Sage 100 Version 2016 - A Look at the New ReleaseIntroducing Sage 100 Version 2016 - A Look at the New Release
Introducing Sage 100 Version 2016 - A Look at the New Release
Net at Work
 
How to Quickly Create Effective Plant-Floor Screens
How to Quickly Create Effective Plant-Floor ScreensHow to Quickly Create Effective Plant-Floor Screens
How to Quickly Create Effective Plant-Floor Screens
Inductive Automation
 
Line performance suite infographic 12 19 16
Line performance suite infographic 12 19 16Line performance suite infographic 12 19 16
Line performance suite infographic 12 19 16
msteidinger
 
Medical store inventory system using barcode
Medical store inventory system using barcodeMedical store inventory system using barcode
Medical store inventory system using barcode
Shitalinfotech
 
AMS Invision
AMS InvisionAMS Invision
AMS Invision
Atlas Systems
 
Warehouse Reorganisation and Benchmarking
Warehouse Reorganisation and BenchmarkingWarehouse Reorganisation and Benchmarking
Warehouse Reorganisation and Benchmarking
M N Yogananda Manickyam
 
RFID Based Automation
RFID Based AutomationRFID Based Automation
RFID Based Automation
Brilliant Info system
 
Track lib
Track libTrack lib
Track lib
AOPL
 
Dynamicsystems 2019 Produce traceabilty Systems
Dynamicsystems 2019 Produce traceabilty SystemsDynamicsystems 2019 Produce traceabilty Systems
Dynamicsystems 2019 Produce traceabilty Systems
Dynamic Systems
 
Asset Management Geo Tracking
Asset Management Geo TrackingAsset Management Geo Tracking
Asset Management Geo Tracking
Guy Pearce
 
Smart (IoT) DevOps solution
Smart (IoT) DevOps solutionSmart (IoT) DevOps solution
Smart (IoT) DevOps solution
Pritesh Gandhi
 
Traffic intelligence solution
Traffic intelligence solution Traffic intelligence solution
Traffic intelligence solution
Tyco Retail Solutions
 
Weighbridge Software
Weighbridge SoftwareWeighbridge Software
Weighbridge Software
smartbtechnologies
 
SIEM Vendor Neutrality
SIEM Vendor NeutralitySIEM Vendor Neutrality
SIEM Vendor Neutrality
Vandana Verma
 
70% productivity benefit through automated order management system
70% productivity benefit through automated order management system70% productivity benefit through automated order management system
70% productivity benefit through automated order management system
Genpact Ltd
 
Procurement management software in India
Procurement management software in IndiaProcurement management software in India
Procurement management software in India
sunsmart-chennai
 
Telefonica Case Study
Telefonica Case Study  Telefonica Case Study
Telefonica Case Study
Felipe Scholz
 
A New Beginning for Wholesale Distributors
A New Beginning for Wholesale DistributorsA New Beginning for Wholesale Distributors
A New Beginning for Wholesale Distributors
salesprofessional
 

What's hot (20)

IT Operations Management with OpManager
IT Operations Management with OpManagerIT Operations Management with OpManager
IT Operations Management with OpManager
 
Pick To Light Warehouse
Pick To Light WarehousePick To Light Warehouse
Pick To Light Warehouse
 
Introducing Sage 100 Version 2016 - A Look at the New Release
Introducing Sage 100 Version 2016 - A Look at the New ReleaseIntroducing Sage 100 Version 2016 - A Look at the New Release
Introducing Sage 100 Version 2016 - A Look at the New Release
 
How to Quickly Create Effective Plant-Floor Screens
How to Quickly Create Effective Plant-Floor ScreensHow to Quickly Create Effective Plant-Floor Screens
How to Quickly Create Effective Plant-Floor Screens
 
Line performance suite infographic 12 19 16
Line performance suite infographic 12 19 16Line performance suite infographic 12 19 16
Line performance suite infographic 12 19 16
 
Medical store inventory system using barcode
Medical store inventory system using barcodeMedical store inventory system using barcode
Medical store inventory system using barcode
 
AMS Invision
AMS InvisionAMS Invision
AMS Invision
 
Warehouse Reorganisation and Benchmarking
Warehouse Reorganisation and BenchmarkingWarehouse Reorganisation and Benchmarking
Warehouse Reorganisation and Benchmarking
 
RFID Based Automation
RFID Based AutomationRFID Based Automation
RFID Based Automation
 
Track lib
Track libTrack lib
Track lib
 
Dynamicsystems 2019 Produce traceabilty Systems
Dynamicsystems 2019 Produce traceabilty SystemsDynamicsystems 2019 Produce traceabilty Systems
Dynamicsystems 2019 Produce traceabilty Systems
 
Asset Management Geo Tracking
Asset Management Geo TrackingAsset Management Geo Tracking
Asset Management Geo Tracking
 
Smart (IoT) DevOps solution
Smart (IoT) DevOps solutionSmart (IoT) DevOps solution
Smart (IoT) DevOps solution
 
Traffic intelligence solution
Traffic intelligence solution Traffic intelligence solution
Traffic intelligence solution
 
Weighbridge Software
Weighbridge SoftwareWeighbridge Software
Weighbridge Software
 
SIEM Vendor Neutrality
SIEM Vendor NeutralitySIEM Vendor Neutrality
SIEM Vendor Neutrality
 
70% productivity benefit through automated order management system
70% productivity benefit through automated order management system70% productivity benefit through automated order management system
70% productivity benefit through automated order management system
 
Procurement management software in India
Procurement management software in IndiaProcurement management software in India
Procurement management software in India
 
Telefonica Case Study
Telefonica Case Study  Telefonica Case Study
Telefonica Case Study
 
A New Beginning for Wholesale Distributors
A New Beginning for Wholesale DistributorsA New Beginning for Wholesale Distributors
A New Beginning for Wholesale Distributors
 

Similar to KoolMax - Enterprise Inventory Visibility System

RFID For Retail
RFID For RetailRFID For Retail
RFID For Retail
Tyco Retail Solutions
 
Warehouse automation
Warehouse automationWarehouse automation
Warehouse automation
Vineet M Srivastav
 
ROI of RFID
ROI of RFIDROI of RFID
ROI of RFID
Robin Wright
 
RFID in Manufacturing
RFID in ManufacturingRFID in Manufacturing
RFID in Manufacturing
iaitoinfotech
 
Using RFID in Manufacturing Operations
Using RFID in Manufacturing OperationsUsing RFID in Manufacturing Operations
Using RFID in Manufacturing Operations
Angela Carver
 
RFID Technology
RFID TechnologyRFID Technology
RFID Technology
StudentsChapterCapsu
 
INVENTORY MANAGEMENT
INVENTORY MANAGEMENT INVENTORY MANAGEMENT
INVENTORY MANAGEMENT
ShanekaPeat1
 
Final+retail+stores+operations
Final+retail+stores+operationsFinal+retail+stores+operations
Final+retail+stores+operations
avadheshksingh
 
Final+retail+stores+operations
Final+retail+stores+operationsFinal+retail+stores+operations
Final+retail+stores+operations
Parul Kanda
 
Final+retail+stores+operations
Final+retail+stores+operationsFinal+retail+stores+operations
Final+retail+stores+operations
Kamaljit Kumar
 
How to Evaluate and Implement RFID Technology
How to Evaluate and Implement RFID TechnologyHow to Evaluate and Implement RFID Technology
How to Evaluate and Implement RFID Technology
Barcoding, Inc.
 
Inventory Tracking Methods
Inventory Tracking MethodsInventory Tracking Methods
Inventory Tracking Methods
Ayushi Bhati
 
Mobile Apps or Else
Mobile Apps or ElseMobile Apps or Else
Mobile Apps or Else
OAUGNJ
 
Rfid technology
Rfid technologyRfid technology
Rfid technology
Tharushika Ruwangi
 
Strategic information system
Strategic information system Strategic information system
Strategic information system
Megha_pareek
 
RFID
RFIDRFID
Retail technology
Retail technologyRetail technology
Retail technology
Wade Molyneux
 
RFID in Warehouse Management
RFID in Warehouse ManagementRFID in Warehouse Management
RFID in Warehouse Management
iaitoinfotech
 
RFID based asset management
RFID based asset managementRFID based asset management
RFID based asset management
AOPL
 
Use of technology in warehousing
Use of technology in warehousingUse of technology in warehousing
Use of technology in warehousing
ssuser58cd6d
 

Similar to KoolMax - Enterprise Inventory Visibility System (20)

RFID For Retail
RFID For RetailRFID For Retail
RFID For Retail
 
Warehouse automation
Warehouse automationWarehouse automation
Warehouse automation
 
ROI of RFID
ROI of RFIDROI of RFID
ROI of RFID
 
RFID in Manufacturing
RFID in ManufacturingRFID in Manufacturing
RFID in Manufacturing
 
Using RFID in Manufacturing Operations
Using RFID in Manufacturing OperationsUsing RFID in Manufacturing Operations
Using RFID in Manufacturing Operations
 
RFID Technology
RFID TechnologyRFID Technology
RFID Technology
 
INVENTORY MANAGEMENT
INVENTORY MANAGEMENT INVENTORY MANAGEMENT
INVENTORY MANAGEMENT
 
Final+retail+stores+operations
Final+retail+stores+operationsFinal+retail+stores+operations
Final+retail+stores+operations
 
Final+retail+stores+operations
Final+retail+stores+operationsFinal+retail+stores+operations
Final+retail+stores+operations
 
Final+retail+stores+operations
Final+retail+stores+operationsFinal+retail+stores+operations
Final+retail+stores+operations
 
How to Evaluate and Implement RFID Technology
How to Evaluate and Implement RFID TechnologyHow to Evaluate and Implement RFID Technology
How to Evaluate and Implement RFID Technology
 
Inventory Tracking Methods
Inventory Tracking MethodsInventory Tracking Methods
Inventory Tracking Methods
 
Mobile Apps or Else
Mobile Apps or ElseMobile Apps or Else
Mobile Apps or Else
 
Rfid technology
Rfid technologyRfid technology
Rfid technology
 
Strategic information system
Strategic information system Strategic information system
Strategic information system
 
RFID
RFIDRFID
RFID
 
Retail technology
Retail technologyRetail technology
Retail technology
 
RFID in Warehouse Management
RFID in Warehouse ManagementRFID in Warehouse Management
RFID in Warehouse Management
 
RFID based asset management
RFID based asset managementRFID based asset management
RFID based asset management
 
Use of technology in warehousing
Use of technology in warehousingUse of technology in warehousing
Use of technology in warehousing
 

KoolMax - Enterprise Inventory Visibility System

  • 1. KoolMax 360 RFID Visibility Platform
  • 2. Operations Challenges: Slow and error prone audits Loss of revenue on Out of stock items Poor security, accountability and validation at every step Inventory Inaccuracy Vendor Errors & Fraud Less frequent audits
  • 3. 23% 17% 8% 5% 19% 13% 4% 3% 8% Loss of sales revenue due to out of stock Shrinkage losses High Labor costs Inventory write-offs Inventory inaccuracies Expired items Excessive inventory holding costs Low inventory turn-over Finance Challenges:
  • 4. Solution: RFID Label is applied to any of the following: •Item •Box •Pallet All tagged Inventory will be tracked automatically Using Mobile RFID reader, user can quickly audit inventory, search for missing and misplaced items
  • 5. System Components: Mobile RFID Reader DominateRFID Inventory Visibility Software RFID Antenna & Portal (optional)* RFID Tags *RFID Antenna & Portal are not required for the system to operate.
  • 6. Speed • Receive, Transfer and Scan hundreds of items within a second. • Search and quickly find missing or misplaced items. • Scan a location and see what items do not belong to that location. Accuracy • Eliminates error prone manual count. • Count entire inventory with 100% accuracy. Inventory Audit • Perform daily audits with minimal workforce. • Perform audits while the store is open and operational. No more night shift inventory counts. • Tremendous flexibility in selecting the item audit list. RFID Benefits:
  • 7. Increase Efficiency • Enables management to make real-time and informed stock replenishment decisions. • Identifies inefficiencies and makes everyone accountable. • Eliminate paperwork. • Reduces dependencies on staff and makes the operation system dependent. • Provides real inventory numbers instead of polished and adjusted ones. • Bring consistency and uniformity to the operation. • Automatically detects and updates item location as it moves. Loss Prevention • More powerful Anti-Theft system that existing EAS: • See the image of the item leaving the store on a smart phone. • Know how many unpaid items are leaving the store. • Tags do not get disabled. They can be re-used upon customer return. RFID Benefits:
  • 8. Extensive Search and Find capability Stock Count: Do a quick count of your entire inventory (minutes instead of hours or days) Stock Search: Search & quickly find missing or misplaced Items Misplaced Search: Scan a location & see which Item does not belong to that location
  • 9. Operations Benefits: Real-time stock visibility Perform inventory audits on daily basis Increase efficiency, accuracy, and employee productivity Increase operational velocity Eliminate stock-outs and improved product availability Reduction in inventory stocking levels
  • 10. Finance Benefits: 1 100 More frequent and accurate audits Increase inventory turnover ratio by multiples Improve order fill rates Increase sale, eliminate inventory Shrinkage, and theft Reduce logistics and inventory handling costs Increase asset utilization and improved use of capital Sales More frequent and accurate audits Increase inventory turnover ratio by multiples Improve order fill rates Increase sale, eliminate inventory Shrinkage, and theft Reduce logistics and inventory handling costs
  • 11. Automated system requiring absolute minimum supervision Web-based application eliminates the need to install and maintain on individual systems Easy to use menus requires minimal user training Built-in reliability Easy to maintain Real-Time Diagnostics Monitoring System automatically reports any faulty components IT Benefits:
  • 12. Business Drivers for DominateRFID
  • 13. • Cloud, hybrid-cloud and local data processing options. • DominateRFID’s exclusive Universal Integration Link, will easily integrate with your ERP, WMS or any system. • Extensive Alert system • Tracks individual merchandize from manufacturing through distribution to point of sale (POS) with 100% visibility throughout the chain. Why DominateRFID Inventory Visibility System? RFID TAG Reader
  • 14. 100% of what you want Simple to use. Simple to maintain No barriers. No complications We make RFID Simple & Affordable