Super Barcode Training Camp - Wasp Barcode Presentation
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Wasp Barcode, data collection & software tracking solutions for small business that increase productivity & profitability. Visit http://www.systemid.com/wasp/ to learn more
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Super Barcode Training Camp - Wasp Barcode Presentation
- 1. Wasp Barcode Technologies Solutions for Small Business that Increase Productivity & Profitability www.waspbarcode.com Bryan Keepers Director, North American Sales
- 2. Overview Quick company information Wasp solutions Small business segment & Wasp target Unique attributes of small business
- 3. Wasp Barcode ¨C The Company Barcode, data collection & software tracking solutions Target small businesses Profitable growth since 1994 Over 275,000 customers
- 4. Wasp¡¯s Offerings Solutions that keep selling in down economy
- 7. Inventory Features Track inventory at multiple locations & sites Instantly access 60+ reports Alert system offers notification of past-due items, low inventory levels, and more Track inventory cost using LIFO, FIFO, or Moving Average valuation methods Create, customize, and print barcode labels Use a mobile device to conduct audits and cycle counts Attach images and files Create purchase orders or generate automatically Use existing 802.11 b/g/n network or add the Unifi? wireless access point Use a mobile device to pick inventory & create packing slips
- 8. Current issues Cost of errors & ignorance (omissions) Expense and working capital tied up in wrong stock Profitability impact of write-offs Expense of inefficiency Time looking for the inventory Time required to complete manual task Expense of redundant employees Missed opportunities Lost sales due to stocking wrong inventory Constraints since can¡¯t scale to support growth
- 9. Recent customer successes Reduce costs Texas Tech Health Services saved 20 hours/week by stocking the right inventory and used the date code field to ensure they pulled the oldest flu vaccines first Eliminate inefficiencies Bakery retailer reduced retail store reordering time by 67%, avoided hiring additional warehouse staff -- saving over $60,000 per year Increase Profit Insight Merchandising increased profit by reducing overstocked and under stocked items. They were able to reduce reorders and downtime for manufacturing by utilizing instock material
- 10. Assets in business What are assets High value items that are used within a company Current tracking methods Not tracking Scraps of paper, manual filing/tracking Excel, Access data base
- 11. Current issues Cost of inefficiency Time required to find an asset Time required to manually track or audit Expense of errors & mistakes Cost spent on redundant assets Fines, loss of asset fraud (borrowing without permission) No insight or controls since no reports Lacking insight Time required to create reports
- 12. Recent customer successes Eliminate inefficiencies San Diego Fire Department reduced time tracking, improved accuracy and audit procedure Reduce costs 120 person private security firm reduced asset fraud and cost of lost and misplaced assets ¨C saving $36,500 per year Reports and compliance On Target manages over 30,000 assets with local Charter Schools for Grant program requirements (tracking by funding source) and audit process ¨C ensuring annual funding for
- 13. Next Steps Call 800-397-9783 Live Demo Learn More Stop by the Wasp Booth www.waspbarcode.com System ID Register @ www.systemid.com/webinar/asset-tracking/
Editor's Notes
- #4: Adding 25,000 customers each year. Have approx 8,000 activations last year (about 2,000 each quarter). These mostly solutions and we are about 40% solutions vs. hardware¡ so divide 8,000 by .4 = 20,000, round up and call it 25,000 new customer For 2008, used 250,000 customers¡ so starting 2009, use 275,000
- #8: Track and manage inventory Accurately track and manage Know what, where, quantity & cost Optimize stock levels based on demand Affordable solutions: Range of offerings start at $595 - $2,495
- #9: Inadvertently stocking wrong stock usually Time looking for inventory they think have, but can¡¯t find
- #10: Another Cost reduction example: A regional bank reduced supplies write-offs and improved internal billing ¨C saving $60,000 per year Another Eliminate Efficiency example Branch of DoD now tracking, stocking & ordering correct inventory ¨C will save $30,000-$40,000 per year
- #11: Track and manage inventory Accurately track and manage Know what, where, quantity & cost Optimize stock levels based on demand Affordable solutions: Range of offerings start at $595 - $2,495
- #12: Asset Fraud ¨C no accountability, assets get stolen by employees, customers (eg Sendona Pine Lodge, Paladin Security gas card), software license compliance issues
- #13: Army - Terry French ¨C Private firm (stops ¡°chasing our tails¡±) - Paladin Security ¨C - also firm called Truxtun Health¡ turning 3 day task into ? day task looking for medical asset Local Gov¡¯t - City of Dallas IGS (Intergovernmental Services ¨C Fire, police, CIS (IT), OEM, & one other (Dina Colarossi & Leslie Thomason) ¨C driven by Homeland security grant program, must audit and keep track of all assets valued over $5,000 or that has lifespan greater than 1 year. Also Leslie said auditors must physically verify 10% of assets, so with reports can now now where things are and create efficient way to let auditor see more than this in much shorter time.