ASAP Systems > Case Studies > Securing the Future with ASAP Systems’ Inventory System and Asset Tracking Solutions for Qrypt Inc.

Securing the Future with ASAP Systems’ Inventory System and Asset Tracking Solutions for Qrypt Inc.

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 Securing the Future with ASAP Systems’ Inventory System and Asset Tracking Solutions for Qrypt Inc. - IoT ONE Case Study
Technology Category
  • Functional Applications - Enterprise Asset Management Systems (EAM)
  • Functional Applications - Inventory Management Systems
Applicable Industries
  • Electronics
  • National Security & Defense
Applicable Functions
  • Quality Assurance
  • Warehouse & Inventory Management
Use Cases
  • Inventory Management
  • Track & Trace of Assets
Services
  • System Integration
  • Training
The Challenge
Qrypt Inc., a leading data-security company, was facing a challenge in managing an increasing number of high-value assets such as desktop computers, laptops, printers, televisions, electronics testing equipment, portable media devices, and phones. With the company's growth, the need for a more efficient and accurate inventory tracking system became essential. The company was also looking to eliminate the use of outdated manual spreadsheets for inventory management. The challenge was to find a solution that could effectively manage all their assets and efficiently track inventory.
The Customer
About The Customer
Qrypt Inc. is an industry leader in data-security that has developed the only cryptographic solution capable of securing information indefinitely with mathematical proof as evidence. The company has a hand-selected team of seasoned leaders in engineering, physics, and cryptography to build Qrypt’s patented solution. Their mission is to become the world's security standard for the quantum age and beyond. With continued growth, Qrypt was challenged with how to manage an increased number of high-value assets and the need for a more efficient and accurate inventory tracking system.
The Solution
ASAP Systems’ Barcode-Based Inventory System and Asset Tracking Solutions was implemented as the perfect solution for Qrypt. The system, complete with handheld barcode scanners, was competitively priced and user-friendly, allowing the company to effectively manage all their assets and efficiently track inventory. Beyond the complete Asset Tracking and Inventory System, ASAP System’s customer support and training played a critical role in the implementation of the system. The training helped reduce the learning curve and the employees felt comfortable with the software within a few times of using it. The system's intuitive features, including Check out/Check-in, tracking throughout multiple locations, and the ability to receive standard, serialized and serialized with quantity Inventory items, helped the security company save time and money.
Operational Impact
  • The implementation of ASAP Systems’ Barcode-Based Inventory System and Asset Tracking Solutions has not only streamlined Qrypt's inventory processes but also eliminated the use of manual spreadsheets. The system has helped position Qrypt to attain valuable certifications and approvals, such as the ISO9001 certification. The Passport feature of the system is helping Qrypt fulfill the essential asset management portion of the quality management requirements. The system has effectively reduced their bottom line and secured their future with effective asset tracking and inventory management processes, empowering Qrypt Inc. with continued growth and success.
Quantitative Benefit
  • The new system reduced the time per item from (up to) a minute to a second during monthly inventories.
  • The Barcode-based system saved an estimated 1,000 minutes of monthly manpower.
  • The system saved an estimated $8,000 in yearly wages.

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