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MetaFi Overview - Field Inventory Management

 
MetaFi RFID Software logo
  SkyeTek’s MetaFi enables manufacturers, retailers and service organizations to quickly and inexpensively implement RFID networks for optimizing field inventory management. MetaFi employs distributed RFID readers and centralized web services to improve forecasting accuracy, stock-outs & shrink, cash collection time, and field worker productivity.

 

Optimizing Field Inventory Management

MetaFi is a distributed Web Services platform that enables Manufacturers of Medical, Consumer, and Industrial goods to efficiently manage inventory at remote locations by eliminating manual data entry errors; reducing shrinkage; preventing stock-outs; accelerating cash collection; and forecasting customer need based on historical consumption. Manufacturers currently struggle to gather accurate data about inventory levels and product usage through manual or semi-automated methods performed by highly paid sales and field service representatives. MetaFi leverages RFID technology securely, practically and affordably to enable manufacturers to increase revenues; improve customer satisfaction; and reduce administrative costs by automatically collecting data at remote locations, sending data from the remote locations to a central service, providing real time visibility into inventory levels and product usage while eliminating the need for manual counts and data entry.

The Efficient Sales Organization

By leveraging a distributed two-tier architecture which utilizes REST Web Services, MetaFi offers:

  • Operations Managers, Product Managers and IT Managers a centralized console for business policies that can be created using an extensive combination of criteria and variables presented through easy to use drop down boxes; dashboard which provides visibility into remote inventory levels and forecasting; management of MetaFi Agent software and readers throughout the RFID network
  • Sales Managers, Field Service Reps, Store Managers local Agent software which runs on a local PCs and on Mobile cellular devices to provide the ability to invoke business policies, automatically collect inventory counts and act on customer preferences at remote sites while operating in an off-line or on-line mode

Benefits:

  • Reduced administrative costs by optimizing sales and field service representative productivity
  • Shortened payment cycle by automating inventory counts
  • Increased revenues by streamlining inventory turn and preventing stock-outs
  • Improved customer satisfaction by forecasting need based on historical usage
  • Increased customer loyalty by providing a tailored customer experience

Immediate, Incredible Return on Investment

With a web-based delivery model and subscription pricing, MetaFi delivers tangible ROI in less than six months. Subscription pricing lets organizations scale their spend according to their needs and delivers an overall solution at a fraction of the cost of ERP and Middleware solutions. www.skyetek.com/casestudies/ presents case studies on how companies are saving millions, driving new business and experiencing ROI of over 1,200%

Technical Components

 

MetaFi is unlike RFID middleware solutions that focus on tracking pallets and capital equipment from one third party to another in the supply chain. MetaFi uniquely focuses on collecting information about specific entities in locations where RFID middleware does not or cannot exist. MetaFi is a lightweight technical architecture designed for remote stocking locations where proprietary networks and servers are impractical. To this end, MetaFi complements RFID middleware.  

Metafi RFID Software Architecture

MetaFi Architecture

 

MetaFi Console: Web-based interface for administering, monitoring and reporting on data collected from field sales reps.  Provides a snap-shot and detailed information of what’s happening with individual inventory items. The graphical web interface provides role-based access to several modules and screens that enable users to configure, provision and monitor inventory items and RFID components across any number of point of sale or point of use locations.

MetaFi Server: Forms the core of the solution and includes Web Services, Application logic, Database Schemas and UI Applications. All of these components are consumed by the MetaFi Console and ERP, Accounting, Inventory Management and other commercial or proprietary back-end systems.

MetaFi Agent: Serves as the smart edge of the solution to allow field service personnel and/or fixed readers to capture and act on inventory levels even when operating in a location lacking local network connectivity and/or when not connected to the MetaFi Server.  The MetaFi Agent is essentially a lightweight version of the MetaFi Server designed to run on handhelds and readers.

 

Field Benefits

Right Product

Right Place

Right Time

Right Quantity

Right Customer Experience

Corporate Benefits

Accelerate cash collection & inventory turns

Prevent stock-outs

Spend less time counting, more time selling

Deliver improved, interactive merchandising

Eliminate manual errors