Infosys and SAP Working Together to support RFID Value-Driven Processes
October 19, 2006
Infosys Technologies (NASDAQ: INFY) today announced that it has successfully implemented SAP® solutions for RFID for CHEP's Global Track and Trace System. CHEP, the global leader in pallet and container pooling services, expects to use this system to provide real-time visibility to its customers for their products as well as for tracking assets on which these products are shipped.
"In utilizing advanced technologies to assist supply-chain-wide visibility, CHEP will bring further value to its customers," said Puneet Sawhney, Global Program Manager, RFID, CHEP. "With Infosys' extensive RFID experience and global implementation capabilities and SAP's proven solutions for RFID, CHEP is looking forward to realizing the promised potential of RFID technology in real business-world environments across the globe."
This project is a significant step forward for global RFID adoption, combining SAP's RFID platform and applications with Infosys' strong thought leadership and robust implementation model for the RFID-enabled enterprise. By delivering innovative, value-added solutions with a low total cost of ownership (TCO), Infosys and SAP aim to help organizations adopt RFID technology to both enhance their existing business models and pursue new ones.
"The partnership between SAP and Infosys signifies a step change in supporting enterprise-wide adoption of Electronic Product Code (EPC) and RFID-enabled solutions," said UB Pravin, Senior Vice President and Executive Sponsor of RFID Program, Infosys Technologies. "Infosys and SAP are committed to delivering innovative RFID solutions that strategically fit with our customers' business initiatives. We are proud to work on the deployment of SAP solutions for RFID to manage returnable assets."
Realizing the Benefits of RFID
CHEP manages more than 280 million pallets and containers from a global network of service centers and identified a significant opportunity in using RFID technology to provide product and asset visibility. CHEP will deploy the RFID-enabled Returnable Transport Item Tracking solution from SAP built on state-of-the-art auto-identification, integration and event management technologies provided by the components of the SAP NetWeaver® platform to collect, monitor and analyze real-time RFID information on products and assets moving throughout the supply chain. The solution includes the SAP Auto-ID Infrastructure, which serves as the foundation for the EPC and RFID data and business logic; the SAP NetWeaver Exchange Infrastructure component that translates and routes the actionable information into enterprise applications; and SAP Event Management, which monitors and tracks events about assets and identity exceptions.
The CHEP Global Track and Trace System facilitates vendor managed inventory, yields greater asset control and improved inventory management. In addition, enhanced monitoring will help improve asset utilization and damage-tracking, so improvements can be made quickly and effectively. The solution will also enable CHEP to open new avenues for business for Automotive and Work In Process inventory tracking and allow the company to provide new value-added services to its customers.
Partners Fit for Global Roll Out
With this project, CHEP is building upon an already successful relationship with SAP and expanding its SAP solution-based footprint to further increase gains across its global operations. SAP's strategic focus on RFID and enabling extensive capabilities in the core SAP NetWeaver platform was an important factor in CHEP's decision to roll out this project globally.
In looking for a provider of RFID services, CHEP required a company not only with a globally available set of resources and talent, but also for a strategic partner that realized the importance of RFID. With Infosys' Global Delivery Model, CHEP is leveraging extensive RFID implementation experience across multiple industry segments and global locations, as well as leadership in delivering RFID solutions. With Infosys' focus on innovation and access to the best global talent, CHEP is rolling out the RFID solution on a tight schedule.
Infosys, SAP and CHEP plan to share their initial experiences and results from this project at the annual EPCglobal U.S. Conference, being held Oct. 17-19 in Los Angeles.
CHEP is the global leader in pallet and container pooling services serving many of the world's largest companies. The company has more than 7,700 employees and operates in 44 countries. Combining superior technology and an asset base of more than 280 million pallets and containers, CHEP offers its customers exceptional value, a platform that enables reduction in customer product damage, and an environmentally sustainable logistical solution. Supply chains served include consumer goods, produce, beverage, and the automotive industry. With global partners that include Procter & Gamble, SYSCO, Kellogg's, Kraft, Nestle, Ford and GM, CHEP is known for Handling the World's Most Important Products. Everyday. For more information about CHEP, please visit: www.chep.com
Infosys (NASDAQ: INFY) defines, designs and delivers IT-enabled business solutions. These provide our clients with strategic differentiation and operational superiority, thereby increasing their competitiveness. Each solution we provide is delivered with the industry-benchmark "Infosys Predictability" that gives our clients peace of mind. With Infosys, they are assured of a transparent business partner, business-IT alignment with flexibility, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 66,000 employees in over 39 offices worldwide. For more information visit www.infosys.com.
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Certain statements in this release concerning our future growth prospects are forward-looking statements, within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the success of our investments, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT, business process outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2006 and our quarterly reports on Form 6-K for the quarters ended June 30, 2006 and September 30, 2006.
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