The Food Traceability and Asset Management solutions from Lyngsoe Systems met substantial interest from the Scandinavian market at the ScanPack2006 / RFID Expo exhibition in Gothenburg, October 24-27.
Especially the live demonstration of our solution for fish crates with RFID tags generated interest from the Nordic FoodSector. The Danish consortium of fishing association Pack & Sea is already implementing the Fish Crate solution with great expectations. And with the interest shown at ScanPack it is our hope that the Asset Management and Food Traceability solutions will help the Nordic fishing industry with streamlined efficiency and improved quality of service.
Using RFID tag the Fish Crate solution creates a real-time overview of the stock of fish crates in different parts of the supply chain as well as providing documentation about the location. It is thus possible to reduce overstocking of fish crates to actual need and reduce number of lost crates.
Not only can the fishing industry benefit from the Asset Management and Food Traceability solutions from Lyngsoe Systems. All industries employing returnable assets as well as the entire food industry can employ the solutions enhancing the entire supply chain. E.g. tracking fish crates automatically and knowing when handovers are taking place can eliminate a 5-7% annual loss rate.
About Lyngsoe Systems
Lyngsoe Systems is the worlds leading software manufacturer and systems integrator of a wide range of IT solutions for monitoring and automating processes in complex logistics chains. Many of the solutions are based on automatic data capture technology. About 50% of our annual turnover is generated from turnkey solutions utilising RFID for effective and accurate data capture in supply chains. Many of our customers are among the Fortune 100 companies in the world. The solutions enable our customers to improve their service, reduce costs and optimise returns on investments.