LAS VEGAS /PRNewswire-FirstCall/ -- Lockheed Martin's Savi business launched SmartChain 5.0, a platform and application suite providing new leading-edge capabilities that enhance the performance, business processes, and efficiency of supply chains for commercial and government customers.
Savi SmartChain 5.0 leverages service-oriented architecture to provide a framework for integrating real-time data from all types of wireless technologies monitoring an organization's business processes into its enterprise software systems or information services. The Savi SmartChain platform processes and transforms data into actionable information from any standards-based automatic identification and data collection (AIDC) technology, including bar codes, sensors, passive or active radio frequency identification (RFID), cellular, GPS, or satellite communications system.
"Following 18 months of innovative development, Savi SmartChain 5.0 delivers improved end-to-end visibility, efficiency, and business process monitoring and control," said David Shannon, Senior Vice President of Savi Technology. "Savi SmartChain enables our customers to extract significantly greater value from their supply chains. They will experience increased asset utilization, reduced supply chain inventories, and improved delivery reliability."
Shannon added that SmartChain 5.0 provides the industry's "greatest possible integration of AIDC and software systems, enabling greater collaboration among trading partners and simplification of complex business challenges throughout supply chains." Savi SmartChain has a worldwide install base that includes numerous commercial shippers and service providers, as well as allied defense forces.
Automated alerts of supply chain events and exceptions can be automatically transmitted to the user in a highly secured environment via the Internet, a cell phone, or personal digital assistant.
In addition to capturing and processing real-time data into actionable information, the enhanced Savi SmartChain is the common platform for Savi's suite of application software, including Savi SmartChain Asset Management Application, Savi SmartChain Shipment Management Application, and Savi SmartChain Consignment Management Application.
With over 17 years of experience, Savi is a leading provider of active-RFID solutions for the management and security of supply chain assets, shipments, and consignments. Savi is a wholly owned subsidiary of Lockheed Martin, with headquarters in Mountain View, CA, and offices in Washington, DC, London, Singapore, and Melbourne. Savi Technology is a Savi line of business that provides an integrated suite of complementary automatic identification technology (including RFID) products and solutions (hardware, software, services) for enterprisewide asset and supply chain management and security to defense, defense suppliers and other government customers.
About Lockheed Martin
Headquartered in Bethesda, MD, Lockheed Martin employs about 140,000 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 2007 sales of $41.9 billion.