introduction to irys

Introduction to Irys Jewellery Management & Tracking System

Private & Confidential ©NeoTechID 2012

NeoTechID is a provider of Business Automation Solutions based on AIDC technologies such as RFID, bar-code scanning, biometrics, NFC and smart cards.

NeoTechID was founded in 2009 with a Vision of filling the void between the limited capabilities of hardware resellers and the clients requirement of a total solution approach to their needs.

We offer Operations Visibility and Process Optimization through innovative use of AIDC technologies to track various assets, integration of AIDC devices with back-end systems and in-house consulting, to maximize business gains

About Us

We aim to become the most preferred and trusted partner for such solutions by providing Innovative, Reliable and the most Cost-effective Solutions based on latest technologies that will result in better ROI for our clients


Application and Industry Focus

Industry Solution

Jewellery • RFID based Automated Stock Counting /

Verification Solutions with integration to exiting POS applications / ERP systems

Manufacturing • Warehouse automation and mobility

solutions with integration to SAP

Corporate Offices • Fixed Asset Management & Tracking • Laptop / Employee Movement Tracking • IP-surveillance, Access Control

Custom Applications

• School Bus and Students Tracking • Event Delegate Management • Laundry Management etc.

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Challenges in the Jewellery Sector

Jewellery Manufacturers and Retailers the world over face a daunting task of managing and counting their stock on a daily basis

Given the high net worth of each piece, the need for reconciliation comes as no surprise

Jewellers have traditionally relied on a manual counting processes, spending hours if not days, for stock verification and many more in tracing misplaced items

Wide scale adoption of barcodes has done little to address this challenge


Historical Perspective

Spreadsheets and manual verification by number of items

Basic Software, Unique ID’s,

handwritten labels, manual verification

ERP / POS , Barcode Tagging,

Verification by Barcode Scanner

Manual Verification.

Barcode scanning only if necessary!!

Manual Bookkeeping and weight based stock accounting

BETTER ACCOUNTING

1

2

3

4

5

HAVE WE PROGRESSED???


Modern Perspective

• I WANT to account for each individual item

• I WANT to do it as quickly as possible

• I WANT to minimise unproductive work

• I WANT more time for SALES

• I WANT automated reports

• I ALSO WANT to know more than just stock information

– I WANT to know what my customers want

– I WANT to know who is selling what

– I WANT my staff to be interchangeable

– I WANT to know which items are selling faster


BARCODE

LF & HF RFID

UHF RFID

Technology Evolution

• Introduction to AutoID

• However, process is slow and cumbersome due to line of sight requirement

• Relatively faster scanning since it is non line of sight. However challenges were many:

• Prohibitive shape and size of Tags

• Limited read range means scanning items one after the other

• Unreliable performance for high speed scanning

• High Cost

• Extremely fast scanning • Small tags – becoming

smaller everyday • Reliable read rate • Lower Costs • Enhanced performance • Ability to scan upto a 100

items bundled together improving handling and storing processes

• Real time visibility made possible with smart shelf application

• Pen & paper based accounting


Application Evolution

• Stand alone system

• Only stock counting possible

• Only fixed scanners available

THEN

• Off-line integration with newly arrived ERP’s for reconciliation of opening and closing stock

• Quicker stock take possible subject to neat arrangement of items

• Fixed and low power portable scanners available

IN BETWEEN • Standalone, Web Based and

Portable (Android, Windows Mobile, iOS) applications integrated with ERP‘s and POS systems

• Fast , long range portable scanners available

• Stock reconciliation of more than 100 items per second made possible

• BI made available through real time tracking of sales efforts and customer preferences

• Historic trend analysis possible

• Item search capabilities introduced with portable devices

NOW


Birth of Irys| Count – less Benefits

www.irys.com.sg

http://www.irys.com.sg/


The Result

No item in my store remains unaccounted

My store ERP is always up to date with the correct data

I spend at least 80% less time is doing stock reconciliation

My staff has more time to focus on sales

My sales go up with greater

visibility about customer

preferences


And the Innovation Continues…

SMART TRAY – Version 2


And the Innovation Continues…

Diamond Packet Scanner


Our Value Proposition

Expertise in RFID and practical experience gained through our projects.

Knowledge Centers made up of our IT engineers, advanced equipment, and consultants are able to derive the best solutions for our clients.

Support Infrastructure comprising of software and hardware channel partners help achieve client satisfaction every single time.

Focus on consistently meeting the expectations of our customers and more. We do our level best to offer you a solution that not only meets your requirements but is also cost effective.


Partners

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Thank You

Rohit Karnik Managing Director NeoTechID E: [email protected] M: +91 95455 52102

Nikhil Kanitkar Director – Sales NeoTechID E: [email protected] M: +91 93722 19100

mailto:[email protected]

mailto:[email protected]

introduction to irys

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