ERP Insights >> Magazine >> December - 2019 issue
SupplyPoint Pioneer in Inventory Management with Innovative Technologies
Author :
Tuesday, May 12, 2020
Innovative technologies have touched every aspect of manufacturing - from product design to after sales. Among these, inventory management software has emerged as a crucial facilitator of better merchandise decisions and a must-have tool in any management's check-list. As per Transparency Market The research study, the global market for asset tracking and inventory management solutions are forecast to quickly grow to USD 30.59 billion by 2026 recording a CAGR of 12.9 percent. Emerging data analytics and cloud technology are attracting more organizations and investors to heavily spend on this dynamic market. Sensing the urge for intelligent inventory solutions in rapidly growing continental Europe and Asia markets, SupplyPoint delivers highly intelligent inventory management solutions that notably lower inventory costs and improves productivity by deploying innovative technologies.
The Genesis
SupplyPoint was established in 1998 as a software engineer, a distribution business and a metal fabricator unit! Later, the idea of SupplyPoint Intelligent Inventory Management solution was born by combining hardware, software and electronics to create a unique system to control products. Mark Peers, President of SupplyPoint shares, "From humble beginnings, we started designing, developing and manufacturing the innovative SupplyPoint point-of-use inventory management systems and built teams in the U.S, Europe and the Asia Pacific. And now, through continuous investment, development and focused expansion, SupplyPoint, together with our network of skilled and dedicated distributors, have become firmly established as one of the top world leaders in intelligent inventory solutions."
Innovation at the Core
Addressing the varied requirements of businesses, from personal protection equipment, security solutions and intelligent vending or drawer systems to simple stationary and forklifts, all the products of SupplyPoint are driven by SupplyPoint software - a quality rich, simple to use and configurable package, designed and written by the company's own in-house team. Some of the features include Inventory management and tracking, comprehensive analysis and reporting, automated electronic ordering, complete audit trail, multi-level access control, network ready, control of new and used items, control of rework/scrap process and multiple language support and so on. With the advent of Cloud Computing, IoT and Industry 4.0, SupplyPoint also provides out-of-the-box tools like Web Sync and EndPoint Management to drive the accessibility and complete control of data, of software and equipment from anywhere around the world. Keeping innovation at the core, the intelligent SupplyPoint solutions are proven to have delivered between 25 and 40 percent savings on fast moving consumable items.
With more entrants coming to the market, SupplyPoint with its dedicated research and development team, its global technical support and sales structure has been able to stay ahead of the competition and bring exciting and innovative solutions to customers. "We offer a range of solutions from a standard point of use machine to a full turnkey inventory management solution and support as much or as little a customer would like. We train and equip our distributors and partners, so they can give their customers the best delivery and service. Our aftercare is global in footprint, but local by culture and our technical support teams are trained to support customers with any questions they have," Mark explains.
SupplyPoint has grown from 1 UK based facility to 9 global locations, 1 person to 150, 1 product in the late 90's to over 15 in 2018. Acquired by US Company TouchPoint Inc. Group, the firm has deployed 38,000 machines around the world and their India operations are managed from the Navi Mumbai office. Looking ahead, Mark says, "We thank all our employees for their hard work and dedication and our customers and distributors for their continued business and growth together. Whether it's hardware or software we are open to discussing customer requirements further and sharing our journey with you. SupplyPoint's vision is to be the Global Leader in Intelligent Inventory Solutions and that's what we are focused on: Adding great customer value, developing our people and brand, adding to our product portfolio and delivering world-class solutions."
SupplyPoint Pioneer in Inventory Management with Innovative Technologies
Author :
Tuesday, May 12, 2020
Innovative technologies have touched every aspect of manufacturing - from product design to after sales. Among these, inventory management software has emerged as a crucial facilitator of better merchandise decisions and a must-have tool in any management's check-list. As per Transparency Market The research study, the global market for asset tracking and inventory management solutions are forecast to quickly grow to USD 30.59 billion by 2026 recording a CAGR of 12.9 percent. Emerging data analytics and cloud technology are attracting more organizations and investors to heavily spend on this dynamic market. Sensing the urge for intelligent inventory solutions in rapidly growing continental Europe and Asia markets, SupplyPoint delivers highly intelligent inventory management solutions that notably lower inventory costs and improves productivity by deploying innovative technologies.
The Genesis
SupplyPoint was established in 1998 as a software engineer, a distribution business and a metal fabricator unit! Later, the idea of SupplyPoint Intelligent Inventory Management solution was born by combining hardware, software and electronics to create a unique system to control products. Mark Peers, President of SupplyPoint shares, "From humble beginnings, we started designing, developing and manufacturing the innovative SupplyPoint point-of-use inventory management systems and built teams in the U.S, Europe and the Asia Pacific. And now, through continuous investment, development and focused expansion, SupplyPoint, together with our network of skilled and dedicated distributors, have become firmly established as one of the top world leaders in intelligent inventory solutions."
Innovation at the Core
Addressing the varied requirements of businesses, from personal protection equipment, security solutions and intelligent vending or drawer systems to simple stationary and forklifts, all the products of SupplyPoint are driven by SupplyPoint software - a quality rich, simple to use and configurable package, designed and written by the company's own in-house team. Some of the features include Inventory management and tracking, comprehensive analysis and reporting, automated electronic ordering, complete audit trail, multi-level access control, network ready, control of new and used items, control of rework/scrap process and multiple language support and so on. With the advent of Cloud Computing, IoT and Industry 4.0, SupplyPoint also provides out-of-the-box tools like Web Sync and EndPoint Management to drive the accessibility and complete control of data, of software and equipment from anywhere around the world. Keeping innovation at the core, the intelligent SupplyPoint solutions are proven to have delivered between 25 and 40 percent savings on fast moving consumable items.
With more entrants coming to the market, SupplyPoint with its dedicated research and development team, its global technical support and sales structure has been able to stay ahead of the competition and bring exciting and innovative solutions to customers. "We offer a range of solutions from a standard point of use machine to a full turnkey inventory management solution and support as much or as little a customer would like. We train and equip our distributors and partners, so they can give their customers the best delivery and service. Our aftercare is global in footprint, but local by culture and our technical support teams are trained to support customers with any questions they have," Mark explains.
SupplyPoint has grown from 1 UK based facility to 9 global locations, 1 person to 150, 1 product in the late 90's to over 15 in 2018. Acquired by US Company TouchPoint Inc. Group, the firm has deployed 38,000 machines around the world and their India operations are managed from the Navi Mumbai office. Looking ahead, Mark says, "We thank all our employees for their hard work and dedication and our customers and distributors for their continued business and growth together. Whether it's hardware or software we are open to discussing customer requirements further and sharing our journey with you. SupplyPoint's vision is to be the Global Leader in Intelligent Inventory Solutions and that's what we are focused on: Adding great customer value, developing our people and brand, adding to our product portfolio and delivering world-class solutions."
The Genesis
SupplyPoint was established in 1998 as a software engineer, a distribution business and a metal fabricator unit! Later, the idea of SupplyPoint Intelligent Inventory Management solution was born by combining hardware, software and electronics to create a unique system to control products. Mark Peers, President of SupplyPoint shares, "From humble beginnings, we started designing, developing and manufacturing the innovative SupplyPoint point-of-use inventory management systems and built teams in the U.S, Europe and the Asia Pacific. And now, through continuous investment, development and focused expansion, SupplyPoint, together with our network of skilled and dedicated distributors, have become firmly established as one of the top world leaders in intelligent inventory solutions."
Innovation at the Core
Addressing the varied requirements of businesses, from personal protection equipment, security solutions and intelligent vending or drawer systems to simple stationary and forklifts, all the products of SupplyPoint are driven by SupplyPoint software - a quality rich, simple to use and configurable package, designed and written by the company's own in-house team. Some of the features include Inventory management and tracking, comprehensive analysis and reporting, automated electronic ordering, complete audit trail, multi-level access control, network ready, control of new and used items, control of rework/scrap process and multiple language support and so on. With the advent of Cloud Computing, IoT and Industry 4.0, SupplyPoint also provides out-of-the-box tools like Web Sync and EndPoint Management to drive the accessibility and complete control of data, of software and equipment from anywhere around the world. Keeping innovation at the core, the intelligent SupplyPoint solutions are proven to have delivered between 25 and 40 percent savings on fast moving consumable items.
With more entrants coming to the market, SupplyPoint with its dedicated research and development team, its global technical support and sales structure has been able to stay ahead of the competition and bring exciting and innovative solutions to customers. "We offer a range of solutions from a standard point of use machine to a full turnkey inventory management solution and support as much or as little a customer would like. We train and equip our distributors and partners, so they can give their customers the best delivery and service. Our aftercare is global in footprint, but local by culture and our technical support teams are trained to support customers with any questions they have," Mark explains.
SupplyPoint has grown from 1 UK based facility to 9 global locations, 1 person to 150, 1 product in the late 90's to over 15 in 2018. Acquired by US Company TouchPoint Inc. Group, the firm has deployed 38,000 machines around the world and their India operations are managed from the Navi Mumbai office. Looking ahead, Mark says, "We thank all our employees for their hard work and dedication and our customers and distributors for their continued business and growth together. Whether it's hardware or software we are open to discussing customer requirements further and sharing our journey with you. SupplyPoint's vision is to be the Global Leader in Intelligent Inventory Solutions and that's what we are focused on: Adding great customer value, developing our people and brand, adding to our product portfolio and delivering world-class solutions."
