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rfxcel - Empowering Active Intervention
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Overview
rfXcel is the leading provider of real-time supply chain optimization solutions. rfXcel provides solutions for the Life Sciences and Retail/CPG supply chains that solve today’s real-time business problems, while providing a platform for future RFID and serialized technologies. rfXcel solutions leverage the advanced Active Intervention Architecture™ to deliver business applications that empowers managers with real-time information so they can address issues before they become problems. The rfXcel management team and board are comprised of industry veterans from leading companies, like McKesson, Wyeth Pharmaceuticals, Cadence, etc. rfXcel is a venture-backed private company and was founded in 2003 in San Ramon, CA. Additional information is available at www.rfxcel.com.
Background
In today’s hypercompetitive global environment, it is critical to use the right information to make the right decisions. But getting to the right information has always been the hardest challenge.
Traditional application systems fail at “bridging the gap” between the physical and electronic worlds. Instead, there typically generate large numbers of historical reports that effectively tell you about trends but very little regarding what is happening now.
There is an urgent need to enable organizations to be able to act at the local and enterprise level, empowered with real-time information, to address issues before they become problems.
RFID Is Only Part of the Story
Recently, there has been a lot of interest in the use of RFID (radio frequency identification) devices to provide the real-time visibility to the physical world. When RFID becomes pervasive, it will undoubtedly be a revolutionary technology. But at its core, RFID is still only an enabling technology and by itself, does not solve business problems. These business problems include: Out-of-Stocks, Product Shrinkage, Counterfeiting, Reconciliation/Deductions, and Product Obsolescence.
In reality, the world will slowly evolve to incorporate RFID technology, with a groundswell of targeted RFID-enabled applications. In the meantime, the business problems still exist and they cannot wait until RFID is pervasive. These problems need to be solved with the existing technologies that include legacy systems, barcode readers, point-of-sale systems, inventory management systems, etc.
The Power of Active Intervention™
In today’s demand-driven supply chains, the answer to these complex business challenges lies in building active applications that will respond to critical issues before they become blown out problems that impact the business. This “active” intervention principle allows applications to fully leverage real-time data to provide actionable insights into the business. These insights can then be turned into “intervention” by issuing recommended directives to the managers that can correct the problem (like store managers, etc.). In this way, the organization runs as normal, until another exception event prompts further active intervention. This management by active intervention frees a lot of time to allow you to focus on core business issues, as opposed to operational issues.
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