Savi Extends SmartChain Total Asset Management Suite With Item Unique ID And Passive RFID Capabilities
Denver, Colo., 04/07/2009 -- Savi Technology, a wholly owned subsidiary of Lockheed Martin [NYSE: LMT], today announced the extension of its SmartChain® asset management software with I-GUIDES, creating a modular solution that enables the U.S. Department of Defense and its suppliers to uniquely identify, track and manage items and inventory throughout the supply chain. The newly expanded capability was announced today at the UID Forum (Savi Booth #17).
I-GUIDES (Integrated Global UID Enterprise Solution) will continue to be offered on its own in its present form to simplify compliance with DoD's Item Unique Identification (IUID) Policy by creating a unique identification code that is applied to mission-critical assets via a two-dimensional barcode. When incorporated as Savi SmartChain® I-GUIDES, users can go beyond DoD policy requirements and gain better control over the end-to-end visibility and management of their supply chain assets and inventory.
I-GUIDES, which has been commercially available from Lockheed Martin since 2004 and recently transferred to Savi Technology, has become established as the most widely used and complete item identification solution across major defense suppliers and the DoD. With Savi's expertise in asset and supply chain management solutions, the software can be taken to the next level of customer value.
"We're thrilled to be able to incorporate I-GUIDES into our suite of SmartChain asset management tools because it's the first step in total asset visibility and management, which broadens the value we can deliver to customers who want to optimize the management of their supply chain assets," said David Shannon, Savi Technology's senior vice president of Strategy, Marketing and the Project Management Office.
Shannon emphasized that current and prospective defense suppliers using I-GUIDES will see no difference or disruption in the solution developed by Lockheed Martin. However, a combined Savi SmartChain I-GUIDES solution now allows customers to gain returns on their investment by improving the management of assets throughout the global supply chain. Savi SmartChain® I-GUIDES also can leverage all types of wireless tracking and sensor technologies to manage assets and inventory anytime and anywhere, monitor asset conditions, audit the history of the asset and know when it requires maintenance or repair.
The IUID Policy not only applies to commercial companies that are DoD suppliers, but it also applies to legacy assets already in the DoD's supply network.
From aircraft parts and vehicle transmissions to medical and computer equipment, the IUID mandate requires the placement of a unique two-dimensional data matrix bar code on items costing more than $5,000, or that are serially managed by the DoD, considered mission critical or categorized as spare parts or requiring maintenance and repair.
Savi SmartChain I-GUIDES is a web-based software solution that can be purchased through a license or a subscription. It supports a full range of data input approaches and printers to generate 2-D barcodes, can be set up rapidly, and can integrate data with passive RFID labels and other Automatic Identification Technologies to associate the item with cases, pallets or containers transporting them.
As a wholly owned subsidiary of Lockheed Martin [NYSE: LMT], Savi Technology is a leading provider of real-time supply chain information and technology solutions and services. These capabilities include active Radio Frequency Identification (RFID) and other Automatic Identification Technology-based solutions that improve the visibility, management and security of supply chain assets, shipments and consignments. For more information, visit www.savi.com.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.