Woodcliff Lake, NJ, February 12, 2013—I.D. Systems, Inc. (Nasdaq: IDSY), a leading provider of wireless solutions for securing, tracking and managing high-value enterprise assets, has received a series of purchase orders from Walgreens (NYSE: WAG, Nasdaq: WAG) for the latest generation of I.D. Systems' PowerFleet™ wireless Vehicle Management System (VMS). The new system will be deployed on hundreds of material handling vehicles across multiple distribution centers in the United States. Walgreens originally implemented I.D. Systems' wireless technology in 2003 and is systematically upgrading more than a dozen of its facilities to the current generation of PowerFleet VMS.
Included in the upgrade is implementation of I.D. Systems' new Analytics software—a set of software tools that gives executives and facility managers a single, integrated view of asset activity across multiple locations, generating site-to-site comparisons and enterprise-wide benchmarks of material handling operations. Walgreens management expects that I.D. Systems Analytics will enable deeper insights into—and help optimize—industrial vehicle performance across its distribution network.
"Walgreens is a longtime customer that has established our wireless VMS technology as a best practice for safety, cost reduction, and productivity optimization," said Ken Ehrman, I.D. Systems' president. "We are eager to support Walgreens' deployment of the latest generation of PowerFleet, which incorporates many new capabilities for vehicle access control, safety checklist automation, and intelligent impact management.
"We are particularly excited about introducing Walgreens to our new Analytics platform, which is designed to improve the speed and quality of business decisions—and shed light on the outcomes of those decisions—to help streamline enterprise material handling operations and generate a greater return on investment from corporate assets."
Included in the upgrade is implementation of I.D. Systems' new Analytics software—a set of software tools that gives executives and facility managers a single, integrated view of asset activity across multiple locations, generating site-to-site comparisons and enterprise-wide benchmarks of material handling operations. Walgreens management expects that I.D. Systems Analytics will enable deeper insights into—and help optimize—industrial vehicle performance across its distribution network.
"Walgreens is a longtime customer that has established our wireless VMS technology as a best practice for safety, cost reduction, and productivity optimization," said Ken Ehrman, I.D. Systems' president. "We are eager to support Walgreens' deployment of the latest generation of PowerFleet, which incorporates many new capabilities for vehicle access control, safety checklist automation, and intelligent impact management.
"We are particularly excited about introducing Walgreens to our new Analytics platform, which is designed to improve the speed and quality of business decisions—and shed light on the outcomes of those decisions—to help streamline enterprise material handling operations and generate a greater return on investment from corporate assets."
