ATLANTA, Sept. 9, 2015 (GLOBE NEWSWIRE) — Numerex Corp (NASDAQ:NMRX), a leading provider of interactive and on-demand machine-to-machine (M2M) products and technology enabling the Internet of Things (IoT), today announced the iManage™ industrial IoT solution allowing manufacturers to wirelessly track, manage, and analyze the flow of production parts, assemblies and racks between factories, suppliers and warehouses.
Built on Numerex’s cloud-based, horizontal delivery platform, iManage alerts supply chain professionals in the event of a stoppage, slowdown, or other issue; ensuring that production facilities continue to operate without experiencing material shortages, incurring expedited shipping charges, or suffering unplanned downtime. In addition, iManage provides data for tracking compliance with 3PL service-level agreements, and mitigates loss or theft of shipping racks, containers, or high-value inventory.
“With the geographic diversity of suppliers and plants, a significant challenge for many manufacturing companies is managing the complexity of production and distribution processes outside their own facilities,” said Mike Lang, SVP of IoT Solutions for Numerex. “iManage gives managers real-time visibility into materials flow beyond the boundaries of their factory to uncover delays before they become problematic.”
“iManage is currently integrated into the operations of a leading manufacturing company that regularly ships containers to various manufacturing locations, and among multiple suppliers’ facilities to build their products,” Lang said. “The solution has been proven to maximize production efficiencies, minimize inventory, and significantly reduce waste in this real-world use case, time and again.”
A key feature of the solution takes SmartData™ from tracking devices in the iManage system and makes it visible in reports, alerts, and notifications tracking the location, movement, dwell and cycle times of items. This allows supply chain professionals to understand what is necessary to keep their production processes flowing smoothly. The iManage solution also features a dashboard with quick snapshots of key metrics, configurable device reporting schedules, integrated mapping visualization, advanced analytics and the ability to add and manage multiple geofences within a simple-to-use application.
iManage utilizes Numerex’s nxFAST™, an extended, end-to-end industrial IoT platform specifically designed for building and rapidly deploying secure, flexible, and scalable solutions for enterprise-class industrial and commercial businesses. The solution quickly yields new insights not previously made available through the use of other solutions. This allows users to uncover the “blind spots” in their supply chains and take actions to optimize operations. The resulting savings and productivity improves competitiveness and profitability.
Numerex Corp. (NASDAQ:NMRX) is a leading provider of interactive and on-demand machine-to-machine (M2M) products and technology enabling the Internet of Things (IoT). The Company’s cloud-based solutions deliver actionable and secure Smart Data to its customers that produce new revenue streams and create operating efficiencies designed to improve profitability. Technology and services are delivered through integrated highly-scalable industrial IoT platforms. Services and solutions are typically sold on a subscription basis. Smart Devices, Network connectivity and services, and software Applications, branded Numerex DNA®, are available as components or bundled and offered as pre-engineered, pre-configured solutions that are designed to accelerate deployment. Also, business and professional services are available to assist in the development and commercialization of customized solutions. Numerex is ISO 27001 information security-certified, highlighting the Company’s focus on data security, service reliability and around-the-clock support of its customers’ M2M solutions. For additional information, please visit www.numerex.com.
Statements contained in this press release concerning Numerex that are not historical fact are “forward-looking” statements and involve important risks and uncertainties. Such risks and uncertainties, which are detailed in Numerex’s filings with the Securities and Exchange Commission, could cause Numerex’s results to differ materially from current expectations as expressed in this press release. These forward-looking statements speak only as of the date of this press release, and Numerex assumes no duty to update forward-looking statements.
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