AIM Honors Loftware for AIDC Innovation on Hypertherm Project
Recognized for Efforts Resulting in Improved Production Uptime & Major Cost Savings
Cranberry Township, PA
– August 28, 2014 – AIM, the industry association and worldwide authority on barcode, RFID, RTLS and mobile computing, has selected Loftware of Portsmouth, New Hampshire, as the winner of the 2014 AIDC Case Study Competition. This award, given annually by AIM, recognizes those who have developed and delivered compelling solutions that contribute to the growth and advancement of automatic identification and data capture (AIDC) through innovation and technologies which provide benefits that decrease risk, increase the demand and accelerate the adoption of AIDC throughout the world. The award will be presented to Loftware
on September 8th at AIM’s 2014 Industry Awards Luncheon during AIM Summit 2014 in Washington, D.C.
Hypertherm, a recognized leader with nearly 50 years of experience as a manufacturer of advanced plasma, laser and water jet cutting systems, was experiencing significant growth thanks to operations and partners worldwide. Unfortunately, their existing "home grown” product label printing system could not sufficiently accommodate this growth. It began to present considerable risks to Hypertherm’s operations, which contributed to customer dissatisfaction, brand integrity issues and lost revenues due to mislabeling issues.
To meet these challenges, Loftware provided Hypertherm with Loftware Spectrum®, an out-of-box, 100% browser based, all-in-one enterprise labeling system with a streamlined and centralized approach. The implementation provided immediate results and met the company’s on-demand labeling print requirements throughout all of Hypertherm’s locations and across their worldwide network of suppliers.
The project’s results not only streamlined a cumbersome manual process and reduced mislabeling, but improved production time, the ease of maintenance and brand credibility with customers – not to mention realizing $1.5M - $5M in annual savings!
"We look forward to honoring Loftware’s innovation at this year’s AIM Industry Awards Luncheon,” said Mary Lou Bosco, AIM’s Chief Operating Officer. "We applaud Loftware’s amazing efforts to not only save millions of dollars for Hypertherm, but show their suppliers and customers around the world what incredibly positive impact AIDC technologies can have for everyone. This is a perfect example of how to leverage the power of business for future growth and success.”
For more than 40 years, AIM has served as the association and worldwide authority on automatic identification, data collection and networking in a mobile environment. AIM members are manufacturers, distributors, resellers and end-users of bar code, RFID, RTLS and mobile computing solutions. AIM is dedicated to accelerating the growth and use of Automatic Identification and Mobility technologies and services around the world.
Visit us online at www.aimglobal.org.