Press ReleaseGAINS is RFID Enabled to Support the Next Generation of Supply Chain ImprovementsMelbourne, 28 January 2004 GRA’s U.S. partner company GAINSystems and Savi Technology, a leading RFID provider, have jointly developed an application that dynamically optimises the utilisation of supply chain assets. This is achieved through the seamless integration of advanced planning functionality and real-time data captured through RFID technologies. “The goal is to know where everything is in the supply chain and where it will be needed, so you can manage inventory much more effectively. Through the integration of real-time data captured by RFID and other automatic-identification technologies, including bar codes, the extension dynamically optimises the inventory and utilisation of supply chain assets. In addition, analytical tools help customers optimise their asset inventory by using the forecasting capabilities in conjunction with Savi’s real-time container-tracking RFID systems”, says Savi’s Director of Business Development, David Shannon. Savi and GAINSystems expect the greatest value of their solution will be realised by asset-intensive companies, with large and complex supply chains, in industries such as Consumer Products, Aerospace, Electronics, Healthcare, Transportation and Distribution, Service Parts, Manufacturing and MRO [Maintenance, Repair and Overhaul] Operations. Radio Frequency Identification [RFID] has emerged as the next important technology in effective supply chain management. Since the U.S. Department of Defence – the largest supply chain in the world – decreed that all of its suppliers must incorporate the technology by 2005, RFID has become – and will continue to be – big business [see graph following]. “This partnership means that GRA can provide a proven
planning and optimisation system coupled with a leading
RFID platform that has been rigorously tested” says
Carter McNabb, GRA General Manager. “By way of
example, the U.S. Department of Defence already uses
Savi’s RFID technology. So now you have a system that
plans what’s required, executes the plan and tracks
what’s happening in real time. When Australia begins
adopting RFID, we’ll be in a unique position to provide a
proven, tested solution.”
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Symbion Pharmacy Services leads the way in supply chain optimisation – MHD MagazineOne of Australia's largest pharmaceutical companies, Symbion Pharmacy Services, successfully implemented GAINS and achieved the following market-leading
results: inventories reduced by 26%, service levels increased while supply chain efficiency improved.
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