December 22, 2014 9:15 AM ET

Communications Equipment

Company Overview of TAGSYS RFID Group, Inc.

Company Overview

TAGSYS RFID Group, Inc. provides item-level inventory management systems based on RFID technologies. The company designs, manufactures, and implements RFID hardware and tags at UHF and HF frequencies to identify, track, trace, and authenticate goods. It offers rugged and flexible RFID tags; and portable and fixed RFID antennas and readers/stations. The company’s products are used in apparel, fashion, retail, luxury, and jewelry; textile rental services, and laundry; and healthcare and library markets. It serves customers in the United States and internationally. TAGSYS RFID Group, Inc. was formerly known as Gemplus Tag and changed its name to TAGSYS RFID Group, Inc. in October 2001. The comp...

841 Prudential Drive

12th Floor

Jacksonville, FL 32207

United States

Founded in 1996

Phone:

904-423-8627

Key Executives for TAGSYS RFID Group, Inc.

Chief Executive Officer and Director
Founder and Vice President of RFID Integration
Chief Financial Officer and General Manager for EMEA/APAC
Head of Industry & Logistics Division
Chief Architect
Compensation as of Fiscal Year 2014.

TAGSYS RFID Group, Inc. Key Developments

TAGSYS RFID Introduces New Item-Level Inventory Management System to Boost RFID Benefits for the Textile Rental Service Industry

TAGSYS announced the launch of its next generation ACUITY system. ACUITY 2014 is a complete, real-time, RFID-based item-level inventory management system specifically designed for textile rental service professionals. ACUITY is scalable and adapts to their evolving requirements in terms of stock volumes and multiple site deployments, and significantly contributes to reducing linen losses and offering new value-added services. ACUITY integrates seamlessly with existing operational and IT infrastructure, and provides accuracy and efficiency in business processes, even in a disconnected mode, such as delivery and collection to and from laundry customers' sites. ACUITY enables laundries to offer new services to their customers such as real-time inventory of their own stocks, cage tracking, and monitoring of linen durability and life-cycle, while reflecting on new business models to be more competitive.

Port Logistics Group, Inc. and TAGSYS RFID Group, Inc. Announce Strategic Partnership

Port Logistics Group and TAGSYS RFID announced a strategic partnership to enable RFID solutions for Port Logistics Group customers at their U.S. gateway facilities. The companies will partner on development and deployment of TAGSYS RFID solutions, integrated to Port Logistics Group proprietary EventTracker WMS, to support the increasing demands from retailers and manufacturers for RFID capabilities throughout the supply chain. In particular, the companies will focus on RFID applications for shippers with high value apparel and consumer goods. The companies will jointly deploy TAGSYS RFID solutions to support item-level receipt of goods and outbound order verification, as well as inventory management and cycle-counting. The companies are running two pilot programs for customers at Port Logistics Group's LA /Long Beach and New York /New Jersey gateways in the first quarter of 2013.

TAGSYS RFID Group, Inc. Deploys FiTS (Fashion-Item Tracking System) Integrated RFID System with Faconnable

TAGSYS RFID Group, Inc. announced it is rolling out a global deployment of its FiTS (Fashion-item Tracking System) integrated RFID system with one of the world's top fashion brands, Faconnable. The implementation includes more than 70 branded retail stores, distribution centers on two continents, integration with third-party logistics suppliers, and 100% coverage of the millions of items being sold by Faconnable and its retail partners. The result is complete item-level visibility throughout the supply chain through an optimized system for reducing costs and accelerating replenishment cycles. The TAGSYS system is based on its innovative UHF RFID hardware and e-ConnectWare(TM) software to monitor inventory at each step in the supply chain. The FiTS system provides a centralized management dashboard that delivers detailed real-time information on product availability, shipment status and retail inventory levels. It integrates with existing business process systems such as Faconnable's ERP system, as well as its distribution partners' WMS solutions. With the TAGSYS system, Faconnable management can quickly adapt product distribution and replenishment strategies to meet specific market and store needs, reducing item handling costs and improving sales opportunities through reduction of out-of-stocks. Beginning a pilot project a year ago, the company tested the TAGSYS system in retail environments and its two main distribution centers. The implementation is now expanding to include all 70 of Faconnable boutiques worldwide as well as its two logistics suppliers. The deployment includes UHF garment hang tags, HHU-400 handheld readers, the SRU-400 point of sale reader, UHF Security Gates for theft prevention and TAGSYS' e-Connectware software, which manages RFID data and provides an interface to back-office and in-store systems as well as enterprise applications. When items arrive at a distribution center or retail store, the merchandise is read as its passes through UHF portals positioned at a variety of checkpoints. As the events are recorded, the inventory is automatically updated within Faconnable's management software.

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