RFID Inventory Management
PROPELLER is a first of its kind solution that uses technology like RFID for inventory management in the maritime sector – as innovative as it is easy to use.
The shipping industry suffers from a lack of accurate data around spare parts storage and consumption. As a result, issues relating to spares management cost billions of dollars each year.
These issues include:
- 80% inaccurate inventory data
- >25% of annual procurement spend in missed procurement opportunities
- 30% excess spares held on board
- 100+ days / year wasted per vessel
Capture accurate inventory data, optimize consumption & procurement by using:
Artificial Intelligence
RFID Tags
Machine Learning
The PROPELLER Ecosystem Connects 3 platforms:
- Portable scanning tablets
- Auto stock reconciliation
- Find lost spares with RFID radar
- Work order flows (planned / unplanned)
- Goods delivered / PO records
- Digital (PDF) equipment manuals
- Offline operation
- Fleet-wide comparative views
- AI/ML consumption analytics
- Procurement opportunities
- PO status monitoring
- Advanced search & filtering
- Near real-time data
- Tag at source
- Goods received at 3PL
- PO synchronization
- Line-item breakdown
- Delivery notification
- Flexible bundling capabilities
How Can PROPELLER Help?
Optimize procurement.
Reduce working capital.
Identify Consumption Drifts.
Avoid Emergencies.
Standardize Operations.
Reduce Costs.