The initial yard management implementation will be at one of the customer’s multiple US manufacturing and distribution locations, leading to solution expansion opportunities with additional locations in the future. The solution will incorporate hardware, recurring SaaS (Software as a Service) fees and delivery services required to configure TrackX’s GAME for SCM (Supply Chain Management) platform to meet the unique yard logistics processes of this customer.
“The breadth of solution offerings, versatility of the GAME platform, ease of systems integration and industry experience were important criteria in this new customer selecting TrackX,” said TrackX President and CEO Tim Harvie. “While the initial contract is specifically focused on the automation of operational processes within a distribution yard environment, discussions are also underway to further leverage GAME’s capabilities in other areas of the client’s business, including vehicle tracking.”
For the initial implementation, TrackX will deploy a combination of GPS and passive RFID technology to record trailer movements through entry and exit gates, maintain accurate inventory and trailer locations within the yard environment and dynamically dispatch tasks to the shunt drivers to maximize productivity. GAME’s advanced analytics will process all RFID tag driven event data to deliver further executable business intelligence to operations management. Once implemented, the solution will result in significant improvements in equipment utilization, operational efficiency throughout the entire process and labor savings across all yard related business processes.
TrackX, based in Denver, Colorado, is an enterprise Industrial Internet of Things (IIoT) software platform provider leveraging multiple auto-ID technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerts and powerful analytics to deliver solutions across a growing number of industries. This platform creates unprecedented visibility and business intelligence of man-to-machine and machine-to-machine interaction. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.
For more information, please contact:
Gene McConnell, TrackX Holdings Inc.
Sean Peasgood, Sophic Capital
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