FOR IMMEDIATE RELEASE
TIBCO MARRIES RFID DATA WITH SUPPLY CHAIN BUSINESS PROCESSES IN LAUNCH OF TIBCO RFID INTERCHANGE
New Solution Improves Product Flow and Supply Chain Process Efficiency;
Customer TNT Logistics Goes Live with Fully Integrated RFID System
PALO ALTO, Calif., July 26, 2005 – TIBCO Software Inc. (NASDAQ: TIBX), a leading business integration and process management software company that enables real-time business, today announced TIBCO® RFID Interchange, a comprehensive new solution designed to transform, enrich and route Radio Frequency Identification (RFID) edge events for easy integration with enterprise applications performing tasks such as order fulfillment and warehouse management. Users of TIBCO RFID Interchange will streamline operations and create business value by enabling timely insight into orders, lead times and inventory at each stage in the supply chain process.
RFID technology connects the physical world of tags and readers with the enterprise applications that leverage the information contained in the tags. To date, mandates from major retailers and the Department of Defense have driven much of the demand for RFID technology. Now companies are seeking ways to make RFID part of their IT infrastructure by incorporating the technology into supply chain management activities to improve asset management, inventory management and order reconciliation. However, realizing this return-on-investment requires that RFID data be aggregated from various edge devices and numerous disparate facilities and be integrated into the corporate business processes and application infrastructure.
Maximizing Value of RFID at TNT Logistics While the focus for many has been on meeting short-term RFID compliance requirements at the lowest cost possible, more visionary companies have recognized the long-term benefits associated with RFID, such as improved supply chain efficiencies, increased visibility into product flow in logistics operations and reduced errors. TNT Logistics, a leading provider of logistics services, has implemented TIBCO RFID Interchange to meet these goals. TNT Logistics required an RFID solution that could address specific customer business processes, streamline product flow and scale to meet the future demands of an expanding product line. With TIBCO RFID Interchange, TNT Logistics leveraged their existing businesses processes and TIBCO infrastructure to quickly and easily build an RFID system fully integrated into its existing supply chain execution processes.
“TIBCO RFID Interchange has enabled us to take RFID requirements, concepts and ideas and quickly integrate that information with the existing supply chain execution data stream, greatly enhancing our ability to track product throughout the supply chain,” said Terry McIntyre, RFID project leader for TNT Logistics North America. “TIBCO was the best choice for TNT Logistics because the foundation of the RFID infrastructure is built for easy integration with TIBCO BusinessWorks, making it a viable solution for us to expand globally.”
TIBCO RFID Interchange is a non-intrusive solution that seamlessly incorporates RFID event data into business processes and provides business context to aid decision making across the supply chain. TIBCO RFID Interchange supports EPC Global’s Application Level Event (ALE) specifications and real-time streaming of information from RFID Edge devices. It also supports leading readers and printers, is fast and easy to deploy and enables centralized configuration and management of devices. TIBCO RFID Interchange’s browser and GUI-based, slap-and-ship business process templates are configurable to meet the unique distribution processes and various retail compliance mandates.
“With companies seeking to increase customer responsiveness and profits, supply chain inefficiencies continue to hamper the effort with out-of-stock, lost revenue situations and service-level challenges,” said Ram Menon, senior vice president, Worldwide Marketing, TIBCO. “While RFID tagging improves granularity and visibility of data, benefits come only when the processes are linked and improved to leverage the available information. TIBCO RFID Interchange now provides a scalable, standards-based architecture to facilitate RFID integration, linking warehouse management and order fulfillment processes to provide long-term benefits to the supply chain.”
Availability and Pricing TIBCO RFID Interchange is being made generally available for purchase today. Please contact TIBCO directly for details regarding price.
About TIBCO TIBCO Software Inc. (NASDAQ:TIBX) is a leading business integration and process management software company that enables real-time business. Real-Time Business is about helping companies become more cost-effective, more agile and more efficient. TIBCO has delivered the value of Real-Time Business, what TIBCO calls The Power of Now®, to over 2,000 customers around the world and in a wide variety of industries. For more information on TIBCO’s proven enterprise backbone, business integration, business process management, and business optimization solutions, TIBCO can be reached at +1 650-846-1000 or on the Web at www.tibco.com. TIBCO is headquartered in Palo Alto, CA. ###
Media Contacts: Christine Lion TIBCO Software Inc. +61 2 9458 2121 clion@staffware.com.au
Fiona Martin Max Australia +61 2 9954 3492 fiona.martin@maxaustralia.com.au
TIBCO, the TIBCO logo, The Power of Now and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries.
All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.
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