ByBox unveils innovative new technology: Stockonnect™ - CILT(UK)
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ByBox unveils innovative new technology: Stockonnect™

03 August 2016/Categories: CILT, Industry News, Freight Forwarding, Logistics & Supply Chain, Operations Management


International technology company, ByBox, is expanding its technology offering with the launch of its latest development, Stockonnect™, a sophisticated solution that combines a smartphone app and Bluetooth enabled App Box to simplify the delivery of parts to problem sites. The technology creates a robust delivery solution for large sites, where traditional delivery methods often lead to delays, missed SLA’s and lost parts. 
                                                                                                                          
Stockonnect™ 

Stockonnect™ takes the form of an intuitive smart phone app, which enables any authorised user to deliver parts into one of ByBox’ App Boxes, a Bluetooth enabled locker that can receive, store and dispense parts to engineers. The technology is underpinned by ByBox’ in-house Thinventory™ software, providing businesses with an efficient management platform to organise the delivery and swap-out of SLA-critical parts. The App Boxes operate using long-life lithium batteries and can therefore be sited in a host of locations as there is no dependency on conventional power sources.

Delivery companies can register with ByBox and use the Stockonnect™ app to deliver parts to one of the App Boxes, using clever scanning technology whereby the app takes control of the driver’s smartphone camera, allowing them to scan the tracking label in to the App Box.  This in turn creates a notification to the recipient, advising the time and location of the delivery. The recipient then collects the part at their convenience using the app to scan the part out of the App Box.

Benefits to businesses 

On large worksites with multiple buildings and individual drop-off points, the App Box acts as single convenient drop off location, reducing stock loss and the amount of time spent by couriers tracking down the correct reception or engineer to deliver to, whilst simultaneously cutting the amount of waiting time for the engineer. Using real-time technology, businesses can dynamically assign a collection to the most suitable engineer, and no time is wasted tracking down parts to fix, or urgent pieces of broken equipment for repair. 

App Boxes are also open 24/7 for delivery and collection meaning expensive same day deliveries can be converted into a more cost effective standard delivery. Equipped with full inventory functionality, including auto-replenishment of parts and a complete reporting suite, Stockonnect™ also enables business to hold strategic inventory on-site, which is fully visible to businesses to further improve SLA performance. 
Stuart Miller, CEO and co-founder of ByBox, comments: “Over our many years in the industry, we have found that a key frustration for businesses with large sites has been the efficient swap out of critical parts on a daily basis. Not only do parts get lost, but the time it takes for both engineer and courier to meet is costing businesses dearly. This applies equally to the delivery as well as the return part. With Stockonnect™ these issues are eliminated meaning better engineer productivity, reduced logistics costs and less inventory. It’s a global solution for a global problem.”

For further details on ByBox please visit: https://www.bybox.com/
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