Error Proofing with RFID

  • Source: Intermec
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Carefully tracking components and assemblies throughout the manufacturing process can prevent costly production and sequencing errors, but executing these procedures can be difficult. While bar codes provide accurate, efficient product identification, they are not viable in many common industrial processes. Specialized RFID tags, however, are optimized for use on or around metal, and are an effective and viable alternative.

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Case Study: Cleaver-Brooks Makes Quotes for Complex Boilers in 15 Mins Flat

In the early 2000s Cleaver-Brooks, a complete boiler room solutions provider, realized it had a problem: sales quotes were inconsistent, error-prone, and time consuming to create, given how incredibly complex its products were. The company tried a distributable product selection and an online ordering system, both of which failed to take off. In 2005, Cleaver-Brooks adopted CallidusCloud’s CPQ (Configure Price Quote) and saw its quote generation process reduced from 4 hours to just 15 minutes. Read the case study. Read More

Cash is King—And So is Your Supply Chain: How Mid-Market Companies Can Optimize Supply Chain Operations for Strong Cash Flow and Focused Growth

For companies of all sizes and across all industries, cash is not only crucial, it’s king. Just to survive, businesses have to carefully manage their cash flow, making sure that payments aren’t going out faster than resources are coming in.

There are a number of ways companies can automate and optimize their supply chains to improve cash flow, such as building strong relationships and implementing new technology. But it should be noted that making the decision to invest in technology or update a supply chain process is a cash flow decision in itself, and should thus be weighed carefully.

It is important to realize that the cost of a supply chain or cash flow failure is, in most cases, significantly higher than even the highest price tags for these investments. With that in mind, supply chain solutions and automation technologies are more often than not worth the investment for growing mid-market companies.

This white paper looks at the importance of cash flow management, especially vital for mid-market companies in the current economic landscape. Due to their size, mid-market companies have a smaller financial cushion than their larger competitors, which means they have a reduced margin of error, a thinner cushion for tough financial situations, and a smaller investment pool for funding growth.

Download the guide for more information on why you should optimize supply chain operations to improve cash flow, including explanations on how seeking out supply chain efficiencies, managing cash flow through managing inventory, and investing in new technologies can help your bottom line.  Read More

Credit Risk Management: Collateral, Covenants and Risk Review

  • Source: IBM
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If your organization is still managing credit risk manually, you could be leaving your company open to experience significant losses and complications that can harm its financial well-being. Multiple systems, piles of paper, inconsistent or out of date information- all could end up costing your company dearly. Today, the best way to ensure that credit risk is being appropriately monitored and managed is with the adoption of an automated system. With the implementation of an automated system, accuracy of data and efficiency of execution are significantly improved, and risk is monitored in a superior and more effective manner.

In this white paper, IBM highlights the benefits that an automated system for credit risk management can bring to your organization, including a reduction of human error on multiple levels, a marked increase in compliance, the capability to quickly track a data trail, and the capacity to effortlessly update and upgrade across multiple accounts and systems. Automation means valuations are up to the minute, and that transparency is increased. Document imaging, data entry, and automated workflow can resolve many problems previously encountered with manual procedures.

IBM’s Business Analytics offers a comprehensive 5-point action plan involving the importance of automating collateral processes, how to consolidate diverse systems and data, the benefits of automating collateral and covenant monitoring to reduce risk with the latest available information, and how automation supports release processes for minimized risk. Credit risk management can be modernized and refined as a result of changing towards an automated system. Read More

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Practical Uses for RFID Technology in Manufacturing and Distribution Applications

Consider the ideal manufacturing and distribution process—one that eliminates human error, improves speed and efficiency, and increases information availability; a process that offers high security and delivers data without a network connection. This is what a radio frequency identification (RFID) system can do to help solve logistical problems that may be affecting your manufacturing and distribution processes. Read More

RFID Workbench: Understanding the Basics

Radio frequency identification (RFID) helps actualize the perfect integration of logistical and commercial chains and its use is rising in the US and Europe among large companies; government departments; and industries. Setting up RFID requires a validation test on a defined perimeter that involves the processes that have the most direct impact on your activity to see how RFID will affect your environment. Read More

RFID Architecture Strategy

Early adopters of radio frequency identification (RFID) are beginning to look at enterprise scale solution design and integration are emerging as key focus areas. Infosys has designed an optimal RFID architecture strategy based on lessons learnt from early adopters and Infosys experience in providing real time control and data acquisition solutions in the telecom and process control industries. Read More
 
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