MetaFi

From Yenra

On August 25, 2008, SkyeTek announced the introduction of MetaFi, an application service for sales chain optimization, enabling manufacturers to dramatically 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 substantially increases revenue and distribution efficiency by providing accurate, real-time data on field-based inventory and employees. The increased visibility results in fewer out-of-stocks, higher inventory turns, increased sales productivity, faster invoice-to-cash cycles, and proactive removal of expired or defective products.

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. MetaFi leverages RFID and wireless technologies to provide manufacturers with the means to automatically collect, analyze, and act on real-time data from mobile field representatives and remotely located smart- containers including cabinets, totes, and shelves.