Gone are the times when a developed product model used to survive in market for decades.
Technology in electronics and consumer durables industry is witnessing a continuous development at a rapid pace. Every single second, a new product is being developed.
Today market witness a frequent change in the product portfolio with new products coming in, change in features, product uplifting with many products getting declared as end of life and so on.
All this is causing more pressure on the OEMs not only to invest more in the R&D but also in other areas like expansion in product, stocking, shorter lead times, varying warranty claims including after sales services and spare parts stocking, optimum utilization of resources and so on.
With the help of barcode and RFID solutions, tracking of work-in-process, inventory, warranty, assets, etc. becomes much more simple and easy.
In addition, these technologies can offer number of solutions for efficient management of resources.
At NL, we have an in-depth understanding of the electronics and consumer durables industry and we provide end-to-end traceability solutions.