Supply chain management (SCM) has always been a complex and multi-faceted discipline, involving the coordination of various activities like procurement, production, inventory management, and logistics. With growing global trade, market demand volatility, and intricate networks, managing the supply chain efficiently is more challenging than ever. Artificial Intelligence (AI) is revolutionizing this landscape by automating processes,
Read moreCase for Digital transformation has never been stronger and urgent. 2 years of the pandemic has had a profound impact on every business. The question now is not any more “whether to?” but “How?”. In my earlier article, I had highlighted the need for ROI and Business case understanding of a transformation project. While that…
Read moreCase for Digital transformation has never been stronger and urgent. 2 years of the pandemic has had a profound impact on every business. The question now is not any more “whether to?” but “How?”. In my earlier article, I had highlighted the need for ROI and Business case understanding of a transformation project. While that may…
Read moreWhen one talks about the Internet of things (IoT), the first thoughts that come are that of sensors, data, platforms, cloud, Analytics, AI..… It is surprising that behind all this jargon and technical discussions, what is not talked about often is the real impact of IoT on people and the planet.
Read moreIn one of our earlier blogs we mentioned the relevance of RFID in the IoT space When we think of RFID and its applications, it spans multiple verticals or industries. There’s a lot of advantages of using Ultra High Frequency fixed and handheld RFID readers along with passive UHF RFID tags, Let’s have a look…
Read moreOne of the favourite questions that potential customers have when they get to know that I’ve been a CFO in my earlier avatar, is “What is the ROI on the capexp to be spent on an RFID solution?”
Read moreAn RFID asset tracking system is acquired by an organization to run its operations. This could be IT assets, furniture & fixtures, lab equipment, plant & machinery etc. Once the acquisition is done, it becomes critical for companies & organizations to know the whereabouts & condition of their assets.
Read moreThe last two years have been tough for organizations with a global presence. They relied on talent across multiple countries to deliver business. Singapore has been no exception. Pre Covid, it was an accepted norm to have people coming in for a short duration to support ongoing projects.
Read moreIn most warehouse and logistics environments, the RFID tracking system has become an invaluable tool and a necessity. Typically, RFID tracking works through several stages. At each step, inventory comes under greater control in an efficient contactless manner:
Read moreIMDA started a nationwide RFID adoption drive in 2004 amongst key industry players. s RFID is a relatively new technology in Singapore, it is necessary to nurture the requisite capabilities now to support its future growth. To this end, the IDA is working closely with local RFID solution providers, leading MNCs and educational institutes to…
Read moreAs part of asset management, inventory management is the most important area of control. Having been an auditor myself during my earlier career years, I remember at year-end audits, the time and effort spent by us along with the client’s staff on counting inventory and ensuring that the physical inventory matches with the book inventory.
Read more