Technology Overview

Conventional inventory replenishment by the central warehouse or suppliers is done by deploying manual labour to check the stock quantity and to top up to its optimal level. Such process is often very laborious and not timely, resulting in operations disruptions when supplies are depleted.

RP has developed a solution that enables efficient inventory management by tracking the inventory items on the racks and automatically triggering stock replenishment.

This technology can function as a stand-alone system or be integrated into the existing inventory systems through API calls. 

Technology Features

• Uses a suite of weight & proximity sensors and Internet of Things (IoT) technologies to improve the detection & monitoring of inventory levels and the replenishment process

• A near real-time inventory monitoring 

• Can be setup on existing rack or fabricated as a new rack

• Customisable to suit items of different dimensions and sizes 

Potential Applications

• Healthcare industry (hospitals and biomedical companies)

• Unmanned storage rooms

• Maintenance, Repair and Overhaul Operations

   

Benefits

• Cost effective

• Timely inventory replenishment

• Improvement in productivity

• Easy to set up and operate

   

Commercialisation

• This technology is available for licensing and technology transfer.