Discover the brand new warehouse management extension and what’s next with iMarq in 2023

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now I’d like to take you through the
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agenda before I move into uh into
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introductions
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and let me start by introducing Prabhu
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and myself
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Prabhu is our CTO and The Man Behind all
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those fantastic things you see in my
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mark
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he’s going to be talking to us about all
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things
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wmmx and more
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my name is evanovkas I’m a business
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development rep here at Connex I work
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with Crews and teams to help them
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simplify their maintenance processes
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and I’ll be talking through Imark and
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its capabilities
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as it stands today and before handing it
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off to Prabhu that take you through all
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the upcoming features now we will both
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answer your questions at the end of the
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session but again please feel free to
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pop them in whenever you have one
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moving on so what is I’m Imark is our
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Premier mobile application that
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digitizes and automates your workflows
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it eliminates any paper driven processes
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allowing your crew to be more efficient
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and ultimately save time
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Imark also integrates with other
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Enterprise systems you might be using or
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plan to use in order to streamline your
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processes and simplify even the most
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complex systems
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in simplest terms Imark was ultimately
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built to make the life easier for your
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crew and the technicians in the field
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so looking at the past Imark has been
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primarily used for Asset Management
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right specifically the maintenance of
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those assets
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we have seen many of our customers use
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Imark to help maintain their distributed
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assets
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facilities and heavy machinery
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there has really been no challenge big
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enough for us when it comes to this
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and here we are now
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we are still doing what we do best which
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to put it frankly is enabling our
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customers to be more efficient by use of
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our Imark system
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foreign
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we like to think that we are ultimately
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solving a very common problem which is
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the maintenance challenge you know we
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break it down to what is being done
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right the work itself the frequency of
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what is being done so how often
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uh where it is being done and who is
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ultimately completing stud work
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it now comes the big one right how are
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how is this work getting done right how
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are they getting that stuff done this is
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where I Mark already addresses those
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challenges head on
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it digitizes and automates those
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processes into one easy to use system
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Imark can Auto assign work orders it can
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provide built-in reference guides and
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enrich that data that they are
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collecting by allowing the user to take
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advantage of all of those great things
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that our mobile devices can do
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and this this is what makes our tools so
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great at what it does
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so what’s missing right it’s the ability
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to manage Parts equipment and inventory
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and this is where I’d like to hand it
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off to Prabhu
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thank you everyone
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so let me continue and then take it from
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there
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Heaven you can see my slide right yes
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looks good okay so um
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iMac as a product like Evan already
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mentioned it’s used for maintenance and
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it is a configurable solution where any
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type of Maintenance that is done in the
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field can be taken care using Imark it’s
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a configurable mobile app configurable
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solution where you can do inspections
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you can do create you can create service
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requests you can create incident reports
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from the field so any sheet of paper
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that a company that an organization uses
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today can be configured now
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having said that uh when it comes to
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maintenance right maintenance of asset
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itself where does the cost go and what
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are all the efficiencies that we can
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make we always keep thinking of that
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because we believe in organic growth of
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our product we don’t want to add a
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module to our product unless it is
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warranted or necessary in our space of
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the scope that we are playing right so
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having said that the cost of Maintenance
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majority of the type goes on labor and
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parts and the time involved by labor and
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the parts that are consumed so when we
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were working with our customers
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um also most of the time uh the delay in
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maintenance happens when asset is
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waiting for parts so what we thought is
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we are doing maintenance already
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effectively and we are saving time for
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the users from the maintenance
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perspective now from the parts and
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consumer concentrated perspective we
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want to introduce this module
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to our customers that pay we can send
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alerts and notifications to the parts
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department on time saying that hey this
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specific part is running low so you may
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have to order those parts or whenever
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when a maintenance person is trying to
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fix an item they are consuming parts
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right we want to show the parts
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available to those to that mechanic at
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that instance so that it’s just a click
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of two buttons and then they consume the
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parts and not only consume the parts we
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go back and update our warehouse
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management module with appropriate
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quantities so that end of the day the
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delay on maintenance can be reduced as
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much as possible having said that it
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goes back to our vision of giving back
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the time to the mechanics and the
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maintenance score when I say giving back
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the time
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the delay in maintenance can be reduced
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the cost that is associated with
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maintenance can be tracked appropriately
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based on the parts consumption right
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having this having all this in mind we
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want to come up with the swarovs
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management extension module we are not
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calling it as a virus management system
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we are calling it as various management
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extension because we pick and choose
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transactions that are applicable for the
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maintenance world
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now having said that uh let me go to the
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scope of the module itself right
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basically we want to eliminate all the
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complexities that is being introduced by
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a typical varos management system where
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you know they have to go through
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so many screens and transactions for
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them to maintain any part right or a
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quantity so what we thought is we’ll
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pick transactions like you can receive
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Goods you can issue Goods when I say
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receive goods and issue Goods to receive
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parts issue parts
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and the ship parts in case of 3pl
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customers not only that have set up a
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lot of notification in such a way that
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when the parts are consumed by the
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maintenance group when it hits a reorder
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Point like balance on hand hits reorder
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point there will be an alert email that
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will be sent to the parts department
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saying that hey you are running really
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low on this specific part you need to
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order these parts or when it hits
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minimum then we can also
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send an escalation email saying that hey
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you have to order now like today right
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so things like that can be done so what
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we did is we we pick and chose the
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transactions in such a way that track
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inventory receive Goods issue Goods ship
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codes now ship codes we introduced
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because there were set of customers who
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are asking for a 3pl kind of a setup
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where they want to store the material
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and then you know send it to the
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customers so all our product
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um all through the design of the product
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there will be a reference to a customer
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and a supplier now the the customers can
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pick and choose which field they want to
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use again the configurability of the
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product is brought in into the warehouse
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management system also where anything
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and everything that you see here today
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is configurable now having said that
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from the scope perspective right they
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can maintain parts right create and
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maintain Parts along with the unit of
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measure uh the quantity on hand uh what
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is the unit price of the material and
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things like that now they can receive
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and issue Goods like I mentioned earlier
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we have even enabled mobile transactions
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in such a way that when a material is at
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the gate the user can pick up his phone
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go to the gate and then receive the
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goods right there so that you know the
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inventory goes up in their system so
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receive goods and issue of goods
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and also create shipments again this is
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applicable for a 3pl uh kind of a
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customer setup where they want to store
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the goods in their warehouse and then
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send it to the customer and they build a
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customer for the time that they are
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storing right so that also we are
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addressing through this module and last
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but not the least tracking inventory
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right with color codings in such a way
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that when when a parts department
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manager or a supervisor logs into our
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system they click on the varos
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management module it shows with color
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coding saying that this part is low on
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quantity uh here is the reorder Point
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here is the minimum here is the maximum
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here is the reorder quantity and things
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like that right so we do that now before
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I go into the future modules when this
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the various management module is
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available it is available today we have
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already released it one of our customers
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in the testing phase
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integration testing is going on uh so so
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it is available like today I just want
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to
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take some 2-3 minutes on showing the
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screens itself
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so let me bring my Firefox browser here
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and then I will log in as a user into
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our system this is our website again it
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has hosted out of Microsoft Azure again
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anything and everything that you see
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here is configurable and role based in
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this case since it’s a demo user I have
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enabled we have enabled all kinds of
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modules
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now when it comes to warehouse
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management extension that’s the one
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module that we are talking as soon as I
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click on it it goes ahead and downloads
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the inventor sorry yeah you might need
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to upload the screen on right now I can
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see the slides oh okay sorry that’s okay
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I thought I shared the desktop so can
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you see the screen now yes we’re good oh
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thanks thanks everyone so no problem
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that’s
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that’s the URL so let me go ahead and
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log in as a user now again like I
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mentioned earlier anything and
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everything that you see here is
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configurable by customer and also we
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have some inbuilt kpis
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um as part of our uh solution even the
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parts uh availability or the the parts
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inventory can be brought in as kpis here
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now having said that let me click on
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this varos management extension and that
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that is the scope of transactions that
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we are talking with this module now when
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you see here when it comes to inventory
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right we can show the inventory at Park
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level and you see here the customer and
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supplier now we can hide those columns
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show those columns say if it is in-house
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right within uh one single organization
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these two may not be required we can go
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ahead and hide it so again the product
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is configurable now when it comes to the
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color coding itself green is more than
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Max uh yellow was like nearing Mini red
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is less than minimum right so that’s the
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balance on hand that’s the reorder Point
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reorder quantity minimum and maximum so
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you can maintain uh all these uh you
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know quantities using our module using
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our product we can also send alerts like
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I mentioned earlier when when a balance
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on hand hits less than reorder point
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less than uh between minimum and maximum
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and less than minimum so we can send
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those alerts and notifications through
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our system
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now in future we are also planning to
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introduce a procurement module that I
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will come next but again for now it is
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various management extension to track uh
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inventory right now when it comes to
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inventory itself we can track it at the
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park level or we can go at the plant
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level storage location level or bin
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level we also have a view of uh serial
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uh materials right serial number based
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material so all those things we we cover
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but again based on the customers need we
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will go ahead and configure it basically
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these two transactions covers creating
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and maintaining Parts Goods issue Goods
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received shipment itself you can create
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shipments and also when it comes to
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shipment we also support the PDF outputs
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in your own format we can go ahead and
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you know print it out with barcodes and
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a bill of leading barcodes and shipment
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number barcodes and we can bring in any
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barcode that you wanted so that again we
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we are trying to make the life of the
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parts department and the maintenance
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group easy enough so that they click on
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couple
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buttons here and then they get to the
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transaction where they need to go you
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can also Import Parts uh if you if you
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want to import it from an Excel sheet
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you can go ahead and import it or you
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can even export it now having said that
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WX wmx module is a standalone module
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that is hosted out of Microsoft Azure we
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have our own database it works within
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four walls on top of it if you want if
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you want it can also be integrated with
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your Enterprise asset management system
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where you are maintaining parts and if
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you want to again bring the parts from
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your eam system to our system and just
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manage the quantities alone so that you
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can keep track of inventory levels we
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can do that too so it’s a hybrid
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approach that we also support where we
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can coexist with your existing
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environment this at least you know I
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hope gave you an idea of the scope of
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transactions the scope of module that we
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are trying to introduce now having said
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that I am going to go back to the slide
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itself what’s next right now now that
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the various management module is
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available of course there will be some
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announcements we will be adding product
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features and things like that now the
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next uh step in the process itself is
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like I mentioned earlier we are planning
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to get into the procurement side of it
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see when it comes to procurement again
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I’ll be very kind of right it is going
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to be little complex
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creating a purchase order placing a
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purchase order purchase order
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acknowledgments we have done that before
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we have uh one of we have done one other
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product which takes care of all those
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things but creation of a purchase order
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itself we are planning to introduce
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um probably by 2024 q1 it should be
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available so we are planning to
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introduce a procurement module and we
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also want to get into aie right
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now when it comes to technology and
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product right we are we are very strong
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and not introducing anything that is not
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warranted by a use case in the sense
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where we don’t want to do it for the
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sake of Technology we want to do it only
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if there is uh out about it that is a
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use to it that is a requirement to it
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right now having said that some of the
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use cases that we are thinking as like
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when when a mechanic is trying to do a
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specific maintenance task we want to
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introduce such capabilities in such a
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way that it goes back and brings what
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needs to be done for that kind of a
16:44
specific maintenance tax that he or she
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is doing or bringing up the vmrs codes
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based on the the kind of uh the the
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issue that the mechanic is explaining
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right he talks to the app like as of
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today we have speech to text as part of
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our solution right for for entering
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commands they can just talk to the app
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and it types it for them now as an
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extension of it they they tell this is
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is the issue and it brings up the
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appropriate vmrs code so those are some
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of the use cases that we are thinking
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that we wanted to introduce we are also
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planning to work with Microsoft Azure a
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capabilities on that we are planning to
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partner with them it’s not done yet but
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again we are in process of investigating
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those areas so that we bring in a into
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our product again we do all
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things because
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because we want to make the life of the
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crew easier and then give back the time
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that they want to spend
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that they really want to spend in actual
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maintenance task rather than filling up
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a sheet of paper
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at least that is what I wanted to share
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regarding the varos management and
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future modules of Imark they want
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perfect well hey thanks Prabhu I uh I
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appreciate everything that you’ve had to
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show us today I am I’m personally
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excited to see how this uh wmx and all
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of these new features you know we’re
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just going to add such great value to
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our customers uh we are going to move
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into taking questions from the audience
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next if we happen to run out of time and
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we cannot address all the questions you
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know please don’t worry uh we can reach
18:25
you can reach out to us after the
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session so please uh feel free to reach
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out to either prop or I with any
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additional questions
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let me just open the QA here it doesn’t
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look like we have any right now
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foreign
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that means we have done an awesome job
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absolutely okay we have one here so we
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have a question what data inputs needed
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to get the warehouse extension started
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uh we need the parts details uh again
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like I mentioned earlier uh part number
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description quantity related items eoim
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unit cost if you want to maintain now
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again we would also like to know the
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scope on
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scope of the transactions that you want
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to implement what you want to do with
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this warehouse management that dictates
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many other things like for example you
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also want to receive Goods then we may
19:25
need some more information but to bare
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minimum uh to start with part number
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description Associated quantities unit
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of measure and we can run with it
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foreign
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now remember these parts that you are
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maintaining using our varos management
19:45
module will be available for the
19:48
mechanics when they are filling up the
19:50
inspection right inspection form using
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our uh product these parts will be
19:55
available for them to utilize during the
19:58
inspection time we’ll show on hand
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quantity the moment they consume it the
20:02
on hand quantity or balance on hand
20:04
quantity in the inventory will go down
20:06
so things like that is auto built and
20:09
especially we are doing this to make the
20:11
maintenance Cruise life easier
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perfect
20:16
next question how is the wmx licensed
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oh that’s a that’s a good one as uh is
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Satish there on the line uh probably
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that question we will we will take into
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uh the notes and then we can respond to
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it separately usually we go by users
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I’ll be
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um when it comes to the maintenance side
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of it we go by number of users who is
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going to uh use the product uh it’s a
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subscription model there will be an
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initial implementation cost and then
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there is going to be a user cost user
20:50
based cost but when it comes to virus
20:52
management we have some ideas uh we will
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share it with you separately
20:58
perfect thank you next question I have
21:01
the bomb for assets meaning the bill of
21:04
materials may be common parts how do you
21:07
how do we account for those
21:09
okay that’s a good one in fact uh we are
21:12
doing it for one of our customers there
21:15
are see when it comes to a specific part
21:17
you can maintain references in our
21:19
product so that you can associate a part
21:23
to different assets right part is a
21:27
consumed material for your maintenance
21:30
purposes whereas this is consumed for
21:32
maintaining a specific asset so you can
21:35
maintain multiple references for a given
21:37
part and we have screens for it using
21:39
which those references are in fact that
21:42
helps us right during the inspection
21:44
time or during the maintenance time when
21:47
a user tries to get a part we will go
21:49
ahead and filter it by that asset
21:52
whatever the available parts and it
21:54
shows up you can maintain with reference
21:56
to asset you can maintain with reference
21:58
to work orders you can maintain with
22:01
reference to any other transaction out
22:03
there that is created using our product
22:05
so yes we have uh screens to maintain
22:08
the references
22:09
great thank you okay next question is
22:13
which verticals are scope for wmx
22:17
implementations
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okay
22:22
that’s a
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and this might touch on a little bit
22:26
maybe you know any business uh sorry go
22:30
ahead so I was just going to say this
22:32
might touch on a little bit of what we
22:34
were talking about earlier with 3pl but
22:36
again with our current version is also
22:38
part of it but any industry out there
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see
22:43
when it comes to Highmark as a solution
22:45
right we are concentrating on or we are
22:49
targeting three verticals right now uh
22:52
utility Transit and uh construction when
22:56
it comes to Transit it is uh tracking
22:57
also like Logistics also we are doing
22:59
but from the product perspective right
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it’s a configurable product even
23:04
warehouse management it is a
23:05
configurable product see we have uh
23:08
designed it in such a way that it can be
23:11
implemented for any type of vertical out
23:14
there now if there is some uh linear
23:17
assets that you want to do then there
23:19
could be some limitations right because
23:21
those kinds of assets go in a different
23:23
direction so uh so that could be some
23:25
limitations but other than that any
23:27
business out there which has uh parts
23:31
that are maintained in the system for
23:34
their any any maintenance it doesn’t
23:35
need to be truck or a trailer right it
23:37
can be for any equipment
23:40
um uh out there it could be a pump it
23:42
could be anything out there where the
23:44
parts is consumed we can uh you can use
23:47
our product
23:48
perfect okay next questions are what are
23:52
off-the-shelf Integrations available I
23:54
mean which apps can be integrated
23:57
okay when it comes to
24:00
um integration right eam systems like
24:02
for example right we have integrated
24:04
with Maximo uh trapeze
24:07
um
24:08
Maximo trapeze
24:10
um sap Oracle
24:12
um all these Erp systems we have
24:14
integrated we also have an import option
24:17
where you can Import Parts using
24:20
um using Excel sheets but the message
24:22
here is it’s an open architecture we
24:24
have set of apis using which you can
24:26
push and pull data or if you have a
24:28
middleware for the system that you are
24:30
talking where we want to integrate we
24:33
can go ahead and do it in in a sense
24:35
where say A New Path has to be added
24:37
right you add it in your system of
24:40
choice which does so many other things
24:43
because think about it right casting of
24:46
parts we don’t do extensive costing of
24:48
parts we don’t do GL accounts we don’t
24:49
do any accounting related stuff see you
24:52
have a system out that which takes care
24:54
of that and based on what has been
24:56
consumed if we have to post it to that
24:59
system right we can use again the set of
25:03
apis that is available out there we have
25:05
parsers in place but out of the box we
25:08
already connect with sap Oracle Maximo
25:10
Trimble trapeze
25:13
um and support
25:15
in regards to retail could it be used
25:18
for replenishment
25:23
meaning so the other point reorder
25:26
quantity you are asking this
25:28
yes I believe so we have to look into
25:31
the use case you have to look into the
25:32
scope of the
25:34
uh
25:35
I’m just I don’t we just don’t want to
25:37
say yes uh Because unless we let me yes
25:43
it can be but we would like to see the
25:45
use case and then say yes to it because
25:47
when it comes to retail there are some
25:49
certain specific nuances that needs to
25:51
be handled but from the quantity
25:53
perspective yes we can
25:57
great can you talk a bit about how this
26:01
helps with tracking Parts movement you
26:03
know from stores to the field
26:05
yeah okay uh so two things right one is
26:09
even between stores I showed you the
26:12
plant storage location and Bin right so
26:15
between storage locations between plants
26:18
basically sites right you can go ahead
26:20
and do transfers we keep track of those
26:22
in the auditing tables we have a see I
26:25
showed you the goods issue and goods
26:27
recipe I didn’t show you the goods
26:30
transfer it isn’t works I’ll be very
26:32
candidate but again you can transfer
26:34
goods between within your organization
26:37
between plant and between storage
26:39
locations right now on top of it you can
26:42
also ship it to the outside world by
26:45
creating shipments that’s where this
26:46
shipment comes into picture where you
26:48
can go out and pick a material from a
26:50
specific plant uh ship so many Goods to
26:53
A supplier to a customer and then we
26:55
keep track of those yes through shipment
26:57
transactions
27:01
in case of sap in case of oracle’s
27:04
shipment so it’s a typically a a
27:06
transaction that is created when a part
27:09
is shipped outside your company
27:12
got it and to that point
27:15
how how does it work with third-party
27:18
shared inventory locations
27:22
third party shared inventory locations
27:27
like I just want to understand the
27:31
physical environment in the sense where
27:33
so maybe two or three companies are
27:37
using a warehouse
27:39
um which is shared between you know I
27:43
need to understand the the background of
27:45
it so we’ll take a note of it
27:48
from whom it has come we can reach out
27:51
to him and then understand because again
27:53
we don’t want to say you know give an
27:55
answer which we don’t understand the
27:56
question so I want to understand we want
27:58
to understand uh see okay having said
28:02
that on a generic level right
28:04
in our paths table we have a customer
28:07
based filtering we have uh uh supplier
28:10
based filtering we have plant-based
28:12
filtering location barrows uh site there
28:15
are so many parameters in the parts
28:17
table itself using which we can uh we
28:21
can
28:22
um segment the data so um say for
28:25
example if there is one Warehouse you
28:27
are uh you are your company a and there
28:31
is the same arouses used by Company B
28:33
we can treat you as different to
28:36
customers and we can store it
28:38
appropriately and you see only your own
28:39
parts so we can do that uh again we
28:43
would like to understand uh the setup
28:45
and then answer it appropriately this is
28:48
from the generic level I have answered
28:49
that question
28:51
great thank you and lastly our rest apis
28:56
available for Integrations with
28:58
third-party apps
28:59
yes
29:02
perfect that’s that’s a simple
29:04
straightforward answer yes great great
29:06
well great uh unfortunately that’s all
29:09
we have time for today it’s been a great
29:12
session and thank you all for taking the
29:14
time to be with us here today you will
29:16
all receive a copy of the recorded
29:18
session in a couple of days uh for more
29:21
information about Comics you know we can
29:22
head over to our website
29:24
www.conics.com we will be hosting
29:27
regular webinars with customers on
29:30
product releases and you know we hope
29:32
you can all be a part of them so on
29:34
behalf of Prabhu myself and the entire
29:37
Connex team thank you for joining us
29:39
here today and have a great day
29:42
thank you all bye