Omni-ID: Improved Inventory Visibility and Asset Management

Today, enterprises are increasingly deploying asset management strategies to reduce operational costs, improve profitability, and their competitive edge. The implementation of Enterprise Asset Management (EAM) solutions has enabled enterprises to better manage, maintain, and track their assets for daily and strategic business management decisions. The ability to track and locate high-value assets can be a challenge for any business, particularly in industry. Manufacturers for example, have a unique set of problems. Because processes in many industries are still managed manually with paper-based systems, it is nearly impossible to manage material flows efficiently. Most manufacturers know what is scheduled at the beginning of the day, and what the output is expected to be at the end of the day, but paper labels provide only sporadic visibility and minimal manual control for what happens in between. The manufacturing world is changing, and paper labels can no longer keep up with the complexity of the processes. With record high new product introduction rates, increased global competition, mass customization and product options, not to mention the additional requirements for “green” initiatives have all put more pressure on manufacturers to keep production running and manage material flow efficiently. However, given the stability of the EAM market, manufacturers along with other industry verticals have invested heavily on asset management solutions.

Omni-ID based in Rochester, NY, has been helping large industrial customers leverage agile EAM solutions to manage asset lifecycles and optimize future planning with industrial passive and active RFID solutions. These widely accepted technology solutions are proven to create both business process and financial efficiencies. Understanding the situation at hand specifically for manufacturers, Omni-ID has also developed ProVIEW, specifically to create turnkey material flow management solutions for large capital goods manufacturing firms. “Our solutions have been created to address the number 1 issue causing factory inefficiency to get the right materials to the right place and at the right time,” states George E. Daddis, Jr, PhD, President and CEO, Omni-ID.

Transforming the Industry through a Culture of Innovation. firm developed a groundbreaking design for passive UHF RFID tags that provided near perfect accuracy in harsh environments, including around metals and liquids, which had not been done before. Omni-ID began as a research and development team formed within QinetiQ, an international defense and security technology company.The Omni-ID’s patented technologies resulted in a radical shift in the way the RFID tags were viewed and broadly expanded the industrial use applications and possibilities. Today, Omni-ID is the key developer and largest global supplier of industrial, passive, active, and visual e-paper tags.