Spintly Announces Seamless Integration of Its Access Control Platform with Apple Wallet

Spintly announces that Spintly Access Control now integrates with Apple Wallet, making it more convenient for building administrators to securely manage access for their corporate spaces. This integration will enable an organization’s employees to use employee badge in Apple Wallet to unlock office spaces, turnstiles, elevators and key-card protected amenity spaces — all with a simple tap of an iPhone or Apple Watch. This eliminates the need to open an app or present a traditional, plastic access key.

Employee badge in Apple Wallet helps deliver a convenient and contactless experience for users. Employees can seamlessly add their employee badge to Apple Wallet after an initial set-up through Spintly's app. Once added, the badge will give them access to enter their office building, office space and shared amenity spaces. Unlike physical cards, there is no waiting time for gaining building credentials and access for new employees.

Once an employee badge is added and activated in Apple Wallet, users can simply hold their iPhone or Apple Watch near a door’s NFC-enabled lock to access secured areas. With Express Mode, employees don't need to unlock their device to use their badge in Apple Wallet. If an iPhone needs to be charged, employees can still use their device to access their office or amenity areas with Power Reserve.

Employee badge in Apple Wallet takes full advantage of the privacy and security built into iPhone and Apple Watch. When employees use their employee badge in Apple Wallet, it is never shared with Apple or stored on Apple servers. If their iPhone or Apple Watch is misplaced, the owner of the device can promptly use the Find My app to lock the device and help locate it.

IoT Market in Retail Applications to Grow by USD 71.2 Billion from 2024-2028

The global Internet of things (IOT) market in retail applications size is estimated to grow by USD 71.2 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  22.8%  during the forecast period. Burgeoning cloud-based radio frequency identification (RFID) systems is driving market growth, with a trend towards evolution of artificial intelligence (AI) and augmented reality (AR) in retail stores.

Retailers utilize Artificial Intelligence (AI) to analyze customer buying patterns and target specific audiences, enabling customized product promotions. AI also powers conversational commerce through chatbots integrated with messaging apps, enhancing user engagement. IoT in retail applications introduces automated checkout systems using IoT devices, increasing customer satisfaction and footfall, particularly during time-constrained situations. For instance, Nayasale Retail Pvt. Ltd., an Indian startup, operates an AI-driven autonomous store in Kerala, featuring an automated checkout system, eliminating the need for cashiers or salespersons. Similar to Amazon Go, this store uses weight sensors to identify purchased items. These advancements are expected to fuel market growth during the forecast period.

In today's retail landscape, IoT technology is revolutionizing the way businesses operate. With omnichannel retailing, interconnected devices enable personalized shopping experiences. Smart payment solutions like contactless payments, mobile wallets, and Point of Sale systems streamline transactions. Retailers gather real-time insights into customer behavior using machine learning and AI, enhancing customer experience optimization. Asset management is improved with Bluetooth low energy sensors and RFID tags. E-commerce benefits from digital avatars and experiences. IoT services offer real-time data, cloud deployment, and on-premise solutions. Security is a priority with cybersecurity and data protection. IoT hardware includes sensors, beacons, and autonomous cleaning robots. Supply chain optimization and inventory management are enhanced, while digital infrastructure supports advertising and marketing efforts. IoT solutions provide professional and managed services, ensuring retailers stay competitive in the digital age.

Find My's Share Item Location will help airlines find your luggage

Apple's update for Find My in iOS 18.2 will let users share the location of AirTags with other people, which could help airlines track down your lost luggage faster.

On Monday, Apple said it will be adding a feature called Share Item Location, usable with its Find My network. The feature will let users share the position of an AirTag or a Find My network accessory with someone else.

The idea is that it can be shared with someone you trust, who may be able to retrieve the tagged item on your behalf if you cannot, for example.

This isn't just limited to people, as Apple says it will be sharable with airlines.

More than 15 airlines will be supporting the feature in the coming months, including Air Canada, British Airways, Delta Air Lines, Qantas, and Virgin Atlantic. More airlines are expected to be added over time.

Identiv and InPlay Partner for BLE-Enabled IoT Solutions in Cold-Chain, Healthcare, and Automation

Identiv announced a strategic partnership with InPlay, a provider of wireless System-on-Chip (SoC) solutions. The collaboration will focus on delivering Bluetooth Low Energy (BLE)-enabled tags and IoT solutions by combining Identiv’s best-in-class BLE tag engineering and design expertise with InPlay’s NanoBeacon technology.

The partnership is set to produce innovative BLE-enabled IoT solutions tailored to high-value industrial use cases, such as cold-chain temperature compliance for food and logistics providers, and other high-value use cases such as asset tracking and patient tracking within healthcare settings. Identiv’s specialty designs will be powered by InPlay’s IN100 SoC chipset family and manufactured at Identiv’s state-of-the-art facility in Thailand using the latest BLE production technologies.

The initial focus of this collaboration will be BLE-enabled cold-chain monitoring, a critical need for maintaining temperature compliance in the food and logistics industries. Future applications will expand to industrial automation, healthcare-related applications, smart packaging, and enhanced security for high-value assets.

GS1 Connect 2025 Set To Convene in Nashville

GS1 Connect 2025 will be held June 10-12, 2025, at the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee. The annual event provides insights on industry trends, best practices and innovation for supply chain, e-commerce and technology professionals. Attendee registration is now available. Additionally, industry members interested in speaking at the conference can review the GS1 Connect Call for Presentations Application.

With more than 40 live sessions planned, the event will span five tracks: healthcare, grocery, foodservice, retail and standards & technology. The conference will offer networking opportunities, solution provider exhibits and educational resources for those seeking to build their foundational GS1 Standards knowledge.

For this year's event, themed "Amplify," GS1 US invites thought leaders to amplify their insights on supply chain success using GS1 Standards. Presenters will be expected to discuss how GS1 Standards have helped them increase supply chain transparency, visibility and efficiency. 

Tuya Smart Announces Partnership with MLG to Accelerate Smart City Development in the UAE

Tuya Smart, a global cloud platform service provider, has announced a partnership with Multi Level Group, a smart city integrator in the Middle East, during GITEX 2024. This collaboration will accelerate the development of hardware intelligence and draw a new blueprint for smart cities in the Middle East.

MLG is a leading fintech and digital transformation solutions provider in the Middle East and North Africa region. The company offers a variety of innovative services, including digital transformation, software development, systems and process automation, hardware design, and in-house production. Additionally, MLG provides self-service platforms, banking and financial solutions, and comprehensive one-stop solutions to fully support the customized needs of its clients.

Through this partnership, Tuya will leverage its cloud developer platform to help MLG develop diverse smart hardware capabilities, including remote management and interactive learning, to enhance people's smart living experiences. Simultaneously, by leveraging Tuya's open hardware ecosystem, MLG can achieve interoperability between devices of multiple categories and brands, significantly improving the intelligence level of spatial scenarios and providing greater support for the construction of smart cities in the Middle East.

In the future, Tuya and MLG will gradually expand cooperation into smart communities, home energy management, and Smart Home & Real Estate SaaS and other fields, jointly exploring and practicing new models of deep integration between smart homes and smart cities.

The cooperation between MLG and Tuya marks a significant step forward in developing smart cities in the Middle East. In the future, with deeper collaboration, both parties are expected to achieve breakthrough progress in more fields, bringing a superior smart living experience to Middle Eastern residents and jointly writing a new chapter in the development of smart cities.

OMNIVISION Debuts Industry’s Smallest-Footprint Sensor for Presence Detection, Facial Recognition and Always-On

OMNIVISION, a developer of semiconductor solutions, including advanced digital imaging, analog, and touch & display technology, announced the new OV0TA1B monochrome (mono)/infrared (IR) CMOS image sensor, the first and only solution that fits 3mm module Y dimension and smaller notebook computers, webcams and IoT devices.

The OV0TA1B is a low-power device that is ideal for artificial intelligence (AI)-based human presence detection (HPD), facial authentication and always-on (AON) technology.

Stand-alone 940nm IR cameras are becoming more mainstream, especially in the latest generation of ultrathin-bezel design notebooks that feature personalized AI features and require HPD and facial authentication capabilities

The OV0TA1B comes in either IR or mono, depending on the customers’ design needs (in cases where the system has another stand-alone RGB camera). It features a 2-micron (µm) pixel based on PureCel® pixel technology for high-performance sensitivity and MTF (modulation transfer function), allowing it to maintain the HPD and facial authentication.

The OV0TA1B delivers 440 x 360 resolution at 30 frames per second (fps). It is a low-power 220x180 (2.58mW@3fps) image sensor in a 1/15.8-inch optical format.

The OV0TA1B is available for sampling now, and it will be in mass production in Q1 2025.

CardFree Provides Only Integrated Wallet Solution for NFC Space

Given the recent news about major mobile Operating Systems allowing 3rd party access to the NFC Wallet and the Secure Element, CardFree, the all-in-one platform empowering merchant wallets, will provide partners with a purpose-built platform delivering customized order, pay, and loyalty solutions to deploy through a single API integration.

The team that helped launch the gold standard in merchant wallets 17 years ago formed CardFree to bundle the same set of services, simplify deployment for the rest of the market and prevent vendor fatigue. Services can be deployed in conjunction with a payment vehicle of choice and provide customers with real-time offers, ordering and loyalty all directly integrated to the Point of Sale (POS). While each market with significant NFC adoption has its own unique drivers, growing NFC usage in the U.S. requires value for consumers at brick & mortar merchants.

“When we founded CardFree we looked forward to the day when Wallets would allow for third party applications to fully embrace the opportunity with NFC technology,” commented Jon Squire, Founder and CEO. “We built this platform to cover all of our merchant partner needs and were even granted a patent in our early days to cover the single tap/scan method. We are excited to power our partner brands with a seamless handshake at the POS, particularly since these tools have a proven track record of driving customer acquisition, ticket size and frequency. CardFree has historically focused on the hospitality space, but NFC Wallets will also allow for a new ecosystem that CardFree can bolster - namely payments players who need to deepen their current offering with merchants to better engage with consumers. Simply adding a new payment vehicle to a digital wallet won’t drive adoption, you’ve got to surround the experience with elements that reduce friction and drive engagement.”

ETSI releases consumer IoT market security guidelines

The European Telecommunications Standards Institute (ETSI) has issued new guidelines to enhance the cybersecurity and data protection of consumer IoT devices.

As more household devices connect to the internet, these guidelines highlight the associated vulnerabilities that come with increased convenience and connectivity.

“Consumers are increasingly reliant on connected devices for secure transactions, making it essential for manufacturers to prioritize security by design to earn that trust,” stated Jan Ellsberger, Director General at ETSI.

“These guidelines aim to tackle the most critical vulnerabilities, and I am confident they will help create a safer IoT ecosystem, provided we remain vigilant—understanding that this work is never truly ‘finished.’”

The document clarifies that it does not aim to solve every security, data protection, and privacy issue related to consumer IoT. Instead, it focuses on the most urgent and common vulnerabilities by providing a “baseline level of security and data protection.”

PayPay and Alipay+ Extend Enhanced E-Wallet Payment Options to Over 3 Million Merchants Across Japan With Expanded Partnership

At the Singapore FinTech Festival 2024, PayPay, Japan's top QR payment operator, announced an expanded partnership with Alipay+, Ant International’s cross-border mobile payment and digitalisation technology solution, broadening its merchant coverage network across Japan. By working with local partners including PayPay, Alipay+ will now connect over 3 million local merchants to the global payment ecosystem, enabling local businesses and payment partners to provide global visitors seamless and secure payment and travel experiences with their preferred domestic e-wallets.

Through this expanded partnership, travellers using Alipay+ payment partner apps will be able to scan PayPay QR codes to make payments at a wide range of merchant-presented mode (MPM) stores across Japan, even if the merchants have not yet displayed Alipay+ point of sale materials. They can also look forward to special promotions during the upcoming Christmas and New Year travel peak seasons. Alipay+ will collaborate with PayPay merchants to launch a promotional campaign, which will run from December 20, 2024 to January 10, 2025.

Users of participating payment partners, including Alipay, AlipayHK, GCash, Kakao Pay, Toss Pay, Touch 'n Go eWallet, and TrueMoney, will be offered an exclusive 10% discount (up to a maximum of JPY 1,000, CNY 50). Tinaba will also provide a 10% cashback promotion (up to a maximum of EUR 20). Eligible users may redeem the offer once during the campaign period.

Alipay+’s current partner payment app network in Japan includes 16 e-wallets and bank apps, such as Alipay (Chinese mainland), AlipayHK (Hong Kong SAR China), MPay (Macao SAR China), South Korea’s Kakao Pay, Naver Pay and Toss, Singapore’s OCBC Digital, Changi Pay and EZ-Link, Malaysia’s Touch ‘n Go eWallet and MyPB by Public Bank Berhad, the Philippines’ GCash and HelloMoney, TrueMoney (Thailand), Hipay (Mongolia), and Tinaba (Italy).

NFC Market worth $30.55 billion by 2029

The global NFC market will be USD 30.55 billion by 2029 from USD 21.69 billion by 2024, at a CAGR of 7.1% during the forecast period according to a new report by MarketsandMarkets. Rapid industrialization and urbanization prevail largely in the emerging economies of China and India, particularly through the development of smart cities. Gradual concentration in industrial development has increased demand for the infrastructure required in cities. This would eventually lead to the development of educational & healthcare institutions, public administration offices, shopping malls, stores, and warehouses. This, in turn, will boost the demand for advanced NFC solutions and smartcard, particularly in technologically advancing countries such as India, China, and Brazil.

NFC hardware products are internal NFC-enabled accessories that are built into the device to facilitate NFC communication. These include NFC IC/Chips designed for smartphones to make contactless payments, access control, and secure paring with other NFC devices for data sharing. NFC tags are similar to RFID tags that are used to store small but essential data used as readers and access control devices. NFC tags are similar to RFID tags and are used to store essential data in a compact format.

This data can be read and accessed by NFC readers or NFC-enabled smartphones. NFC tags are commonly utilized for proximity and vicinity identification. Some of their applications include transit systems, ticketing, access control, and offline authentication through digital signatures.

In the transportation industry, the NFC-enabled phone transactions can be used with existing contactless infrastructure, which requires no additional investment. NFC enables two-way communications such as redeeming a ticket and sensing a receipt. NFC forum tags placed behind posters and other printed media (smart posters) allow travelers to touch and read schedules, get special offers, and learn about destination highlights. The major applications of NFC in the transportation industry are ticketing and access control. NFC-enabled smartphones and travel cards allow passengers to simply use their personal devices/cards on designated readers to validate their tickets or access rail, metro, and airport stations. NFC adds several benefits in all stages of ticketing such as convenience, security, and flexibility. Proof of ticket registration, special travel discount coupons and entitlements can be stored on the phone or travel cards.

North America is one of the leading markets for NFC in terms of R&D, network design/deployment, and the presence of key market players such as Broadcom (US), Qualcomm Technologies, Inc. (US), Texas Instruments Incorporated (US), and Flomio, Inc. (US). In North America, the US is considered to have the most engaged mobile user base, and this is expected to grow with the addition of new subscribers. Full-fledged NFC implementation in North America is expected to boost retail services. In the current scenario, the NFC industry for such services is growing continuously. The US is a leading adopter of advanced technologies committed to implementing automation solutions across various sectors. It ranks among the top three countries for spending on smart city initiatives and is also one of the top five nations in industrial automation investments. Additionally, smartphone penetration rate is high in the country, which has facilitated the widespread adoption of wired and wireless technologies.

IoT Testing Services Market was valued at USD 3.2 billion in 2024 and expected to reach USD 10.4 billion by 2029

The IoT Testing Services Market was valued at USD 3.2 billion in 2024 and expected to reach USD 10.4 billion by 2029, rising at a CAGR of 22.6%.

Internet of Things (IoT) testing services are a collection of processes, tools, and methodologies used to test IoT systems and applications. IoT systems are made up of networked devices, sensors, software, and networks that share data. These systems are tested to ensure they operate accurately, safely, and effectively in real-world scenarios. IoT testing is critical for ensuring the dependability, safety, and seamless integration of IoT technology across industries.

Automated testing tools and frameworks are crucial for managing large volumes of data and interactions in IoT environments. Integrating artificial intelligence (AI) and machine learning (ML) in testing enables more intelligent testing processes that can adapt to evolving scenarios and data patterns. The emergence of edge computing, blockchain, and digital twin technologies in IoT testing enables more robust real-time testing capabilities.

The market is expected to grow at a compound annual growth rate (CAGR) of 22.6% during the forecast period, due to rising adoption of automated testing tools, growth of IoT testing-as-a-service (TaaS), and demand for 5G-driven testing. Growing demand for IoT security services, increased demand for IP testing of IoT devices, and government initiatives for smart cities will create opportunities for market growth in the forecast period. However, the industry faces challenges such as a lack of standards for interconnectivity and interoperability in IoT solutions.

IoT Evolution World Announces Winners of the 2024 IoT Edge Computing Excellence Awards

IoT Evolution World announced the recipients of its 2024 IoT Edge Computing Excellence Award.

This award recognizes the companies emerging as leaders in the growing edge computing space.

Companies selected for this award have proven that their products are enabling advanced IoT deployments by offering edge solutions that bring real-time computing, data availability, analytics, AI and machine learning to edge devices.

Winning the 2024 IoT Evolution IoT Edge Computing Excellence  Award can be valuable for several reasons:

Recognition and Prestige: Winning an industry-specific award like the IoT Evolution Edge Computing Excellence  Award enhances your company's or project's credibility and reputation within the IoT and private networking communities. It demonstrates your expertise and leadership in the field.
Visibility and Exposure: Awards often come with media coverage, press releases, and social media recognition. This exposure can help you reach a wider audience, attract potential customers, partners, investors, and collaborators.
Networking Opportunities: Industry awards ceremonies and events provide a platform for networking with other innovators, industry leaders, and potential partners. This can lead to new business opportunities, collaborations, and partnerships that can drive further growth.
Market Differentiation: Winning an award sets you apart from your competitors by showcasing your unique and innovative approach to private networking in the IoT space. It can help you stand out in a crowded market and make your solutions more appealing to potential clients.
Employee Morale and Recruitment: Recognition through awards can boost employee morale and pride in their work. It can also attract talented professionals who want to be part of an award-winning team, enhancing your recruitment efforts.
Marketing and Branding: The award logo and recognition can be prominently displayed on your website, marketing materials, and communications. This can help you create a strong brand image associated with innovation and excellence.
For more than 20 years, TMC, through our respected brands like IoT Evolution, has been honoring technology companies with awards in various categories. These awards are regarded as some of the most prestigious and respected awards in the communications and technology sector worldwide.  Winners represent prominent players in the market who consistently demonstrate the advancement of technologies. Each recipient is a verifiable leader in the marketplace.

Phenix Label Unveils Innovative Tear-Away Label for Improved RFID Scanning of Liquid-Filled Retail Packaging

Phenix Label introduced a recyclable packaging design for liquid-filled bottles featuring a tear-away radio-frequency identification (RFID) label tab.

With a RAIN RFID inlay from Tageos embedded into the label above fill levels, this innovative design improves reliable scannability on the store shelf. This enables retail brands to comply with the RFID scanning guidelines of large retailers, while also increasing sustainability by simplifying recycling.

The Phenix Label packaging design resolves inherent challenges in the RFID tagging of liquid-filled bottles. This enables retail brands to comply with the RFID scanning guidelines of large retailers, while improving sustainability by allowing consumers to easily remove the RFID portion of the label before recycling empty bottles.

The Phenix Label packaging design resolves inherent challenges in the RFID tagging of liquid-filled bottles. This enables retail brands to comply with the RFID scanning guidelines of large retailers, while improving sustainability by allowing consumers to easily remove the RFID portion of the label before recycling empty bottles.

The patent-pending Phenix Label packaging design resolves inherent challenges in the RFID tagging of liquid-filled bottles. Traditionally, the high-conductivity properties of liquid hampered the performance of RFID tags, resulting in poor or no data transmission. In fact, this issue has previously hindered efforts by 'big-box' retailers such as Target and Walmart to expand RFID tracking use on liquid products for faster, more accurate inventory management.

The tear-away tab design also supports sustainability, allowing consumers to easily remove the RFID portion of the label and recycle empty bottles. Plus, the extended tab provides brand manufacturers with additional packaging space for persuasive marketing, increasing product visibility on the retail shelf.

Leading contract packager Goodwin Company collaborated with Phenix Label to pioneer the production of an RFID-tagged liquid chemical product for retail brands, leveraging the recyclable Phenix Label tear-away tab design. This achievement marks a significant milestone in packaging technology, enabling Goodwin's clients to meet evolving RFID tagging mandates from major retailers such as Walmart, while continuing to offer high-quality, compliant products.

To ensure maximum performance, Phenix Label selected the Tageos EOS-261 M730 RFID inlay for their label design. Offering a combination of compact footprint, exceptional versatility and highly reliable performance, this ultra-small inlay meets a wide range of ARC specifications. The new Phenix Label design is categorized for use on automotive, lawn and garden, and health and beauty products, in compliance with the ARC Program RFID performance requirements outlined by the Auburn University RFID Lab.

RFID Market Set for Steady Growth: Key Trends and Forecasts Through 2031

The RFID market was valued at $11.8 billion in 2021, and is estimated to reach $31.5 billion by 2031, growing at a CAGR of 10.2% from 2022 to 2031.

The growth of RFID is majorly driven by the surge in government initiatives to boost RFID-based solutions across various industries coupled with the growing demand for RFID products in retail sectors. Moreover, the rise in demand for RFID solutions in the banking and healthcare sectors is expected to drive market growth. However, the high rise associated with data security and privacy is acting as a prime restraint of the global market. On the contrary, the surge in the adoption of RFID tags for Industry 4.0, the Internet of Things, and smart manufacturing is anticipated to provide lucrative opportunities for the RFID industry during the forecast period.

According to RFID market analysis, the retail segment was the highest contributor to the market in 2021. The security & access control and retail segments collectively accounted for around 46.8% market share in 2021. The surge in prime players' initiatives to develop and deploy next-generation smart infrastructure solutions has led to the growth of the RFID market. Further, the high-frequency segment is expected to emerge as the fastest-growing segment of the market during the forecast period of 2022-2031.

Hybrid RTLS Solution Tracks Infants in Hospitals

Technology company Litum is offering a real-time location system (RTLS), for infants that includes its new “Little Tag” designed for a hospital’s smallest patients.

 The infant security service using the tag aims at reducing the risk of mismatches and abductions with a department-focused approach, in highly-secured areas of a hospital.

The solution-as-a-service (SaaS) features both ultra-wideband (UWB) and Bluetooth Low Energy (BLE)-enabled anchors, gateways, as well as tags, to identify the location of an infant and that infant’s mother or other individual, within a meter or less.

And beyond providing real-time tracking and alerting for the security of the infant, the system offers analytics for hospitals to better understand procedures and efficiencies around deliveries, infant visiting times, and even how long authorized parties remove an infant from the nursery.

Indian smart water metering market is forecast to increase at a CAGR of 18.9% to $180.2 million by 2030

The smart water metering market in India is forecast to increase at a CAGR of 18.9% to $180.2 million by 2030

The smart water metering value chain covers smart water meters, network solutions, meter data management (MDM) and customer information system (CIS) billing solutions, customer engagement portal (CEP) and data analytics solutions, and project management (consultants and system integrators).

Rapid urbanization is worsening the scarcity and stress on India's water resources, driving demand for smart water meters to ensure universal water coverage that is economical and environmentally sustainable. India is investing in developing water supply infrastructure to ensure universal coverage through policies and schemes, such as AMRUT 2.0.

The initiative involves providing universal water supply coverage to more than 500 Indian cities. Over the next 5 to 10 years, this scheme will extend to other remaining towns and cities as part of the country's goal to provide universal water supply to all urban populations. Water supply projects are being clubbed with water metering to ensure equitable water supply, cost recovery for services provided, accurate billing, and holistically reduce non-revenue water losses. NB-IoT and LoRaWAN-based LPWAN solutions are forecast to witness robust growth, given their extensive use for AMI-based smart water metering.

The analysis forecasts smart water meter unit shipments and the revenues associated with smart water metering solutions in India. The total revenue is derived by considering the unit price (typically offered to a utility by the solution provider) of hardware and software solutions involved in the smart water metering value chain. The report only covers smart water meters used for metering water consumption by domestic and non-domestic (commercial and industrial) end customers.

Oracle Helps Healthcare Organizations Address Critical Inventory Management Challenges

Oracle is introducing new supply chain capabilities within Oracle Fusion Cloud Applications Suite to help healthcare organizations optimize inventory management and improve patient care. The latest updates to Oracle Fusion Cloud Inventory Management and Oracle Fusion Cloud Procurement will enable organizations to increase productivity, expand insights, and enhance buying decisions by automating inventory management, increasing inventory visibility, and improving procurement data quality.

The latest healthcare-specific supply chain updates within Oracle Fusion Applications include:

    Inventory Shortages Workbench: Helps organizations quickly identify and solve for inventory shortages or stockouts. Part of Oracle Inventory Management, the workbench provides a single view of inventory and enables customers to easily assess critical item shortages and identify the cause, review options for addressing item shortages, and take action to reduce stockouts.
    Mobile Recall Management: Helps organizations respond quickly, accurately, and comprehensively to product recall notices. Part of Oracle Inventory Management, this new responsive mobile application enables customers to quickly scan items and locations, record recall counts, and take immediate action to quarantine affected items, improve patient safety, and reduce risk.
    RFID for Replenishment: Enables organizations to increase productivity and prevent delays by helping ensure the right amount of stock is in the right location at the right time. Part of Oracle Inventory Management, the new feature leverages technologies from Avery Dennison, Terso Solutions, and Zebra Technologies, to automate inventory management by automatically capturing usage, updating stock balances, tracking location, and triggering restocking of supplies and materials.
    Symmetric Health Solutions Partnership: Helps organizations increase productivity in sourcing and minimize product order errors. Part of Oracle Healthcare Marketplace, a B2C shopping experience within Oracle Procurement, the new expansive third-party medical, surgical, and device product catalog from Symmetric Health Solutions enables customers to discover, source, and price desired items that are not listed within their organization's existing item master, frequently purchased items, or contract portfolio. The fully attributed and enriched data helps reduce manual data maintenance and improve analytics.

Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) helps healthcare organizations seamlessly connect supply chain and clinical processes to quickly respond to changing demand and supply conditions to deliver the best patient care. With new features added every quarter, Oracle Cloud SCM helps customers create a resilient supply network and processes that outpace change.