Savvy businesses can take advantage of little-known component of the Stimulus Bill to dramatically cut the cost of investing in new equipment. It’s called Section 179, and it allows companies to deduct the full price of qualifying software and equipment the same year they purchase it.
“Section 179 is one of the few incentives included in any of the recent stimulus bills that actually helps small businesses,” says Irina Tsyganovskaya, Shine & Company LLP, an accounting firm that specializes in the jewelry industry. Instead of waiting for years to depreciate the cost of investing in new equipment, “you can deducted the full purchase price from your income,” she says.
TracTech understands the importance of making sure you maximize the return on your investment. Our equipment meets all the criteria set for Section 179—which means making an investment in advanced RFID technology now will pay off even more quickly for businesses that invest their money wisely.
Make sure as much of your product as possible is equipped with TracTech RFID tags. To help manufacturers and others dealing with large numbers of loose gems, TracTech has developed tags specifically designed to be used on diamond papers and polybags.
Going through vaults of merchandise is a time consuming and often frustrating process. Trac tech can ease the burden of manual counting and free you from the need to individual scan untold numbers of bar codes.Whether you’re dealing with diamond papers or individual items, TracTech will be an invaluable tool that will allow you to capture major amounts of information with minimal effort.
Sales lines can spend an entire year on the road without a detailed inventory of the line. While your low-technology competitors are taking their trays and rolls apart and doing inventory, slowly, piece by piece, you can simply be placing them in a TracTech scanner and getting full information in a manner of moments.
It’s a great idea to take a look at how you’re handling your sales lines and think through the ways that integrating RFID into the process can help you speed things up. Whether you use trays, rolls or your items are in displays, it’s all the same to TracTech. We can read the tags without you ever having to pick up an item, giving you full information in a matter of minutes. Now is the time to think about your sales lines that are due back in at the start of the year. TracTech RFID can help you put your sales lines in order.
New tools such as our HR-300 hand-held scanner mean users now have a wireless, hand-held scanner that can allow them to capture information as they walk around the stores without opening display cases or directly handling products.
Getting accurate data off sales floors without interrupting salespeople during the busiest time of the year can prove an invaluable advantage, one that, once again, will put TracTech users ahead of their competitors.
Advanced logistics technology like TracTech RFID is enabling business giants and small companies alike to triumph. One book that will help you tap into the full potential of the RFID and logistics revolutions is Making Innovation Work: How to Manage It, Measure It, and Profit from It.
We’ll be glad to send you a free copy of this business classic that has helped smart businesses boost their profits and outflank their competitors. To get it, all you need to do is answer a few simple questions below.
To help us serve you better, let us know the benefits you want to get from RFID technology. Once we get your information, we'll send this valuable book to you right away. Then we'll call and let you know exactly how we can benefit your business.
Prospective customers often tell us they’re intimidated by the challenge of retagging their entire inventory. They’re intimidated by the prospect of having to handle tens of thousands of items and invest in new RFID tags. We agree with them. What we’ve found is that, when you’re working with a technology as powerful as RFID, it’s best to start in the shallow end of the pool.
To get the greatest benefit from TracTech RFID technology, carefully examine when, where and how your goods are moved each day–then use containers that enable you to reap the greatest benefit possible from the systems. If items are on display, they can be put in the 72-piece trays that fit into TracTech’s scanners. If they’re in the right plastic bags or envelopes, TracTech can usually scan right through most packaging. You’ll know where things are faster and more efficiently than ever before.
Printers are the most mechanically complex devices in any computer system. That means that they must be among the best designed and most robust and reliable. With its roots firmly in the jewelry industry, TracTech made creating a durable, efficient, compact and sophisticated printer one of its top priorities. The result: the P50 Desktop Printer. Here are some of its most important features:.
- Small footprint. Space is at a premium in much of the jewelry world, so the P50 has an amazingly small footprint for a device of its size and power, measuring just 12.5″ D by 8.5″ W by 7.5″ H.
- Simplicity. We know how important speed and efficiency are for TracTech users. So the P50 uses a one-step process to encode and print tags. That means you just print them out and attach them to your items.
- Flexibility. To help improve user efficiency, TracTech has numerous different tag types. The P50 can work with all of these, including our jewelry tags and diamond labels.
- Tested and reliable. Since TracTech is part of the jewelry industry, it has direct access to the jewelry industry environment needed to stress test any new tool it creates. The P50 endured extensive punishment before it was released to the industry.
- Targeted Design. The best tools are designed with their exact users in mind. Every aspect of the P50 was created after looking at what retailers and smaller wholesalers/manufacturers need. That’s one reason so much power has been put in such a small footprint.
To better serve its customers at JCK 2012, TracTech Systems has expanded into the ETS (Equipment, Technology and Supplies) pavilion to work directly alongside its strategic partners. These include leading IT and systems support companies including; DCIT, ARMS, BCI, The Edge, Diaspark, Logic Mate and MPI Systems.
To accommodate continued growth in the tech category, ETS is opening on May 31, a full day earlier than the rest of the JCK show and stays open through close on June 4. For a free consultation, contact TracTech Systems at firstname.lastname@example.org or call 212-682-4172, and start improving your work flow processes dramatically!
Logic Mate International Inc.
THE EDGE by Abbott & Shapiro LLC
Jewelry Computer Systems
Business Computer Systems
MPI Systems, Inc.
Has RFID hit a tipping point in terms of market adoption? It would appear so, given the strong growth in the amount of companies from all sectors making use of this technology. In 2011, the RFID market value grew to$5.84 billion. However, growth in the RFID market is not equal across the board; several distinct sectors are leading the charge.
Among the fastest-growing sectors is retail apparel, where RFID tags are used to at Point of Sale to enhance security and provide insight into consumer buying habits. Such information is a veritable goldmine for marketers; the combination of decreased losses and increased sales makes a strong case for a strong return on investment for RFID in apparel.
In the jewelry sector, the word on the street is that Wal-Mart has advised its suppliers to become RFID capable by 2014. And when Walmart talks, vendors and other competitive retailers listen. Should the integration of jewelry RFID into Wal-mart and Sams distribution and store operations take place, most experts believe RFID tags would emerge and as a new industry wide standard; requiring those who wish to stay competitive in the jewelry manufacturing, wholesaling and retailer categories to become RFID capable.
TracTech Systems, the leading producer of Radio Frequency Identification (RFID) diamond and jewelry inventory management technology, has announced a partnership with The EDGE, a widely acclaimed and comprehensive jewelry store management system designed specifically for independent retail jewelers. In addition to enhancing the abilities of the TracTech RFID inventory management system, The EDGE utilizes the Microsoft .NET Framework, with features such as desktop to internet connectivity, store to store connectivity via the internet and more. EDGE software supports wired and wireless networks and multiple storefronts.
Used by over 1100 stores since its creation in 1987. EDGE software believes that inventory management is the first critical step to a successful retail business. Creating, maintaining and controlling inventory is a top priority in The EDGE software. It is done simply, elegantly and accurately.
“The EDGE software program is used by jewelers who understand and invest in greater store efficiency”, explains TracTech V.P. Sales & Marketing, Tim Murphy. “Now, adding an RFID capability, jewelers using EDGE software with TracTech RFID, jewelers can count and analyze their jewelry inventory in minutes, not hours. That frees up staff hours for critical sales and service activities” With TracTech Systems, The EDGE will be able to serve complete RFID enabled business solutions to its innovation driven retail client base.
In this Issue
TracTech RFID System Speeds Up Inventory & Fulfillment for Clients
Growth is generally a function of productivity. Everybody wants more of it, but exactly how are manufacturers getting it done? TracTech recently conducted a survey of its new and existing clients. We’d like to share with you some insights on how our clients are using RFID to improve their business now, and their plans for 2012.
When trying to constantly increase customer satisfaction and improve fulfillment, Lewis of Pink Diamond in LA told us that with the install of his RFID system, he’s made that happen. “Pink Diamond is a high volume operation; before we installed RFID, we spent hours every day in inventory and processing memo orders. With RFID tags, those hours become minutes, and we can focus on delivering high quality order client fulfillment service.”
The Centurion Jewelry Show has added cutting edge RFID technology from TracTech to its list of 140 exciting high end jewelry manufacturers and other leading tech suppliers to the industry.
TracTech is joining with retail chains discussing security issues, including loss prevention.
Returning to MJSA and its over 120 leading manufacturer suppliers to the jewelry industry, TracTech will be bringing new and exciting technology additions to its lineup of RFID products.
The only way to truly appreciate TracTech Systems is to see this revolutionary inventory control technology in action. A demonstration will show you how simple it is to exponentially increase the efficiency of your business while improving the accuracy of your inventory. Everyone knows ROI as return on investment, but with TracTech Systems, ROI takes on a whole new definition — Reliable, On-Time Inventory.
For a short demonstration of the Trac Tech system, visit www.tractechsystems.com/benefits. To discuss the systems application for your company, contact Tim Murphy at 914-882-7698 or email at email@example.com.
©2012 TracTech Systems
January 2nd, 2012 in Newsletters
In this Issue
What Exactly is RFID
Radio frequency identification is a system using radio waves to track and identify objects based on data assigned to tags attached to SKUS of your choice. RFID systems consist of readers and tags, which contain receivers and transmitters for the assignment and storage of data. Once you’ve assigned data to tags on your inventory, your RFID reader can identify hundreds of tagged items instantly and pull up all of the data.
November 4th, 2011 in Newsletters