Tangible Value RFID Data ...

Tangible Value RFID Data: TrueDemand Launches with six million in funding to develop new class of predictive applications that will drive value from rfid implementations: Investments from Mayfield and Bay Partners Provide Capital to Create Applications that Enable Organizations to Gain Greater Value from RFID Investments ...

... "TrueDemand Software, Inc. announces the launch of the company and its strategy to deliver a suite of radio frequency identification (RFID) applications for manufacturers and retailers that will help organizations derive tangible and rapid value from the data generated by RFID tags. " ...

TrueDemand Software, a pioneer in the development of RFID-enabled enterprise applications, provides a new class of predictive supply chain solutions that help solve supply chain execution and planning problems to reduce out-of-stocks and excess inventory. By combining RFID-based information with TrueDemand’s business solutions, organizations can better manage the live replenishment of RFID-tagged inventory from production through sale across the supply-and-demand network. As a result, customers can better anticipate and proactively remedy supply chain problems before they occur, gaining greater value from their RFID investments. The TrueDemand team includes RFID innovators and proven supply chain experts instrumental in the advancement of RFID technology and the efforts of the Auto-ID Center, now EPC Global. Headquartered in Los Gatos, California, the company is backed by leading venture capital firms Mayfield and Bay Partners.