Business Operations at XECAN

 

A short paper on Vendor-Managed Inventory by Professor Warren H. Hausman

XECAN services include tools that not only capture tag data, but turn it into business intelligence that removes supply chain inefficiencies. Stanford University Professor and XECAN advisor Warren Hausman quantified a number of supply chain inefficiencies that continue to be the force driving large retailers to demand RFID tagging from their suppliers. Affordably eliminating supply chain problems with immediate ROI is the focus of MyRFIDspace inventory management solutions. Our technology helps organizations dig themselves out of these cost holes:
.Companies spend $6-10 to generate and mail each paper invoice.
.More than 80 percent of B2B invoices and payments are still paper-based.
.Fewer than one-in-five Advance Shipping Notices (ASNs) are accurate.
.Payment cycles average 60 days.
XECAN services create new revenue opportunities for suppliers and their clients through streamlined purchasing and receiving processes including e-Payments. Dr. Hausman's research demonstrates that by enhancing purchasing and receiving processes and accelerating payments, suppliers using XECAN services can increase revenue by reducing erroneous invoice deductions.
The customers will also benefit from XECAN services through their ability to trim labor costs and reduce errors. By enabling companies to generate accurate ASNs and Point of Receipt (POR) reports, XECAN sharply reduces the number of discrepancies. Fewer discrepancies translate directly into fewer invoice deductions which increase revenue. Perfecting ASNs combined with streamlining inventory and shipping functions by using MyRFIDspace RFID-based e-billing systems will improve the accuracy of financial process to an unprecedented level, providing immediate benefits to both suppliers and their customers.

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Services available through XECAN provide more than direct tracking of tagged assets and fast access to detailed reports. The flexible, standards-based software architecture of XECAN is easily customized by our professional services consultants to generate the exact reports and graphic displays that will provide the asset location intelligence you desire.
For example, if one type of asset needs to be serviced after every five uses and another asset requires some other action every 100 times it arrives at a depot, XECAN accessory tracking can easily be programmed to send an alert to the employees responsible for performing the activities required.
We can display the location of your assets sorted and nested to facilitate rapid identification of an available unit, with broad customization options available to meet the needs of your business. Our consultants are available to help with all phases of your RFID implementation, from recommending placements of your RFID readers to customizations of our accessory tracking system to meet the needs of your organization.

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