TAKE Solutions moves higher as its mobile supply chain gets successfully deployed

TAKE Solutions is currently trading at Rs. 23.70, up by 0.05 points or 0.21% from its previous closing of Rs. 23.65 on the BSE.

The scrip opened at Rs. 24.80 and has touched a high and low of Rs. 24.80 and Rs. 23.60 respectively. So far 6921 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 48.70 on 30-May-2011 and a 52 week low of Rs. 20.10 on 23-Nov-2011.

Last one week high and low of the scrip stood at Rs. 24.80 and Rs. 20.10 respectively. The current market cap of the company is Rs. 289.48 crore.

The promoters holding in the company stood at 58.34% while Institutions and Non-Institutions held 7.08% and 34.59% respectively. 

TAKE Solutions’ mobile supply chain has been successfully deployed by Midmark Corporation across manufacturing operations with former’s enterprise mobility portfolio of solutions. Leveraging TAKE’s mobility portfolio with its existing Oracle E-Business Suite application, Midmark has the control and visibility into real-time inventory to reduce out-of-the box failures directly from handheld scanners on the shop floor. Further, Midmark plans to roll-out a second of three deployments by early 2012.

Midmark deployed TAKE Solutions’ Gemini and Compliance Label Manager solution suites to provide mobile data collection using wireless scanning devices, thereby increasing the availability of real-time information on receiving, shipping, and inventory activity across its supply chain.

Solution’s pick confirm scanning functionalities helps parcel shipping eliminate manual picking errors of incorrect product and quantities, thereby reducing out-of-the-box failures by 75% within a month of implementation. Coupled with Pick Confirm, Move Order functionalities help floor operations accurately transact material movement within Midmark’s manufacturing facilities for shipping locations around the world, establishing verification and product scanning procedures, improving cycle-time and ensuring appropriate delivery on all transactions. Further, label manager helps ensure accurate product identification and real-time label printing via wireless printers on the shop floor.

TAKE Solutions’ through its Supply Chain division, has been focused on the Oracle ERP ecosystem for over a decade. The company has automated warehouses, streamlined manufacturing and distribution processes, and improved inventory accuracy for over 300 enterprises running Oracle EBS. TAKE Solutions has proven to be the supply chain partner of choice for large manufacturers and distributors in the high-tech, pharma/medical, industrial products/services, and consumer packaged goods industries who need to maximize their investment in Oracle, but minimize the cost and risk of customizations.