SkyeTek Launches RFID-Based Sales Chain Optimization
Manufacturers currently struggle to gather accurate and timely data on inventory levels throughout the sales chain due to manual tracking methods used inconsistently by time-constrained field sales and service representatives. SkyeTek Inc., a provider of embedded RFID solutions for field-based applications, introduces MetaFi, an application service for sales chain optimization, which aims to enable manufacturers to improve the visibility of goods as they move outside the factory to customer locations. While much of the attention in the RFID market has focused on the cost savings from supply chain optimization -- SkyeTek's sales chain application focuses on increasing revenue and distribution efficiency by providing accurate, real-time data on field-based inventory and employees. The increased visibility can result in fewer out-of-stocks, higher inventory turns, increased sales productivity, faster invoice-to-cash cycles and proactive removal of expired or defective products.