This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Port Logistics Group And TAGSYS RFID Announce Strategic Partnership

HOUSTON, Feb. 18, 2013 /PRNewswire/ --  Port Logistics Group, the nation's leading provider of gateway logistics services, and TAGSYS RFID, a global provider of item-level inventory management systems that streamline the supply chain, today announced a strategic partnership to enable RFID solutions for Port Logistics Group customers at their U.S. gateway facilities.

(Logo:   http://photos.prnewswire.com/prnh/20111018/DA87732LOGO)

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.

"Our clients include major U.S. retailers and the companies that supply them," said Bob Stull, CEO of Port Logistics Group.  "RFID compliance is becoming a critical part of doing business in the retail supply chain, and we want to ensure that Port Logistics Group is a step ahead in providing distribution solutions that are RFID ready."

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.

"Our partnership with Port Logistics Group offers a unique opportunity to bring the benefits of our RFID solutions to multiple customers at a strategic point in the supply chain," said Alain Fanet, CEO of TAGSYS.  "We hope to demonstrate the benefits of RFID in the distribution center – inventory visibility and accuracy and reductions in processing costs – and be in a position to offer expanded solutions both upstream and downstream, from point of manufacturing to point of sale."

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.

ABOUT PORT LOGISTICS GROUP: Port Logistics Group is the nation's leading provider of gateway logistics services, including value-added warehousing and distribution, transloading and cross-docking, vendor consolidation and national transportation.  With more than 4 million square feet of warehouse space strategically located in and around major North American ports, Port Logistics Group provides the critical link between international transportation and the "last-mile" supply chain.

ABOUT TAGSYS RFID: TAGSYS RFID is transforming the way to connect, communicate and interact with goods.  We provide item-level inventory management systems that streamline the supply chain.  This enables companies to control pricing strategies, increase sales and improve customer satisfaction.  For more than 15 years, TAGSYS has established a proven track record in deploying RFID systems in demanding environments.  We have implemented RFID-based systems to more than 500 customers in 40 countries.  TAGSYS leads the industry with the largest R&D investment to expand the potential of RFID.  More information on TAGSYS can be found at www.tagsysrfid.com .

SOURCE Port Logistics Group

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs