CAPE SYSTEMS GROUP, INC.
Previous company name
VERTEX INTERACTIVE, INC.
Name change date
Cape Systems Group, Inc. is an international provider of supply chain management technologies. It offers a comprehensive range of software systems and tools for enterprise wide and collaborative supply chain optimization. It was formerly known as Vertex Interactive, Inc. and changed its name to Cape Systems Group, Inc. in 2005. The company was founded in 1898 and has its headquarters located in South Plainfield, New Jersey. Its sales office is in North America, primarily based in Texas. It is also active in Europe through its headquarters in London, England. The company’s stocks are listed on the NASDAQ OTC Bulletin Board under the ticker symbol CYSG.
Cape Systems Group aims to provide superior, innovative, cost effective, end-to-end supply-chain execution solutions that take advantage of the most advanced technologies available. The company has also developed representatives across five continents, supporting multiple languages and time zones serving customers worldwide.
Some of the company’s products include: packaging and pallet optimization software; integrated warehouse and inventory management solutions; pick-to-light systems; radio-frequency identification (RFID) asset tracking; transportation management systems; and load optimization software. Cape Systems serves customers including some Fortune 500 companies. These are active in pharmaceuticals, consumer packaged goods and third party logistics, consumer products, cosmetics, publishing, and retail industries.
Cape Systems Group, Inc. (Cape) is a provider of supply chain management technologies, including enterprise software systems and applications, software integration solutions and packaged software. The Company’s offerings are separated into two main categories: enterprise systems (software and hardware) and packaged software. In enterprise systems, Cape designs, develops, produces, markets and supports a suite of Linux and Windows-based warehouse management system software and light-directed systems for inventory, warehouse and distribution center management. The Company’s packaged software is designed to assist in evaluating packaging and palletizing configuration and truck/container loading in order to optimize package shape/size and pallet and truck utilization. Cape is in the process of completing development of and has begun to sell two new product offerings: PicRite Dashboard, a Web-based graphical dashboard, and PicRite Robotic Palletizing System, a robotic integration software.
Description and history
Cape Systems Group, Inc. (Cape) is a provider of supply chain management technologies, including enterprise software systems and applications, software integration solutions and packaged software. The Company’s offerings are separated into two main categories: enterprise systems (software and hardware) and packaged software. In enterprise systems, Cape designs, develops, produces, markets and supports a suite of Linux and Windows-based warehouse management system (WMS) software and light-directed systems for inventory, warehouse and distribution center management. The Company’s packaged software is designed to assist in evaluating packaging and palletizing configuration and truck/container loading in order to optimize package shape/size and pallet and truck utilization. Cape is in the process of completing development of and has begun to sell two new product offerings: PicRite Dashboard, a Web-based graphical dashboard to provide managers with real-time reporting via seamless, mobile integration with WMS software, and PicRite Robotic Palletizing System, a robotic integration software, which uses its existing pallet optimization capabilities to provide enterprise-level and off-the-shelf robotic automation capabilities.
The Company’s enterprise customer list includes companies in the pharmaceutical, consumer goods, cosmetics, publishing, third-party logistic and retail industries. Cape’s packaged software customer base numbers approximately 3,700, and includes Wal-Mart, Nestle, Procter & Gamble, Smurfit-Stone and International Paper. During the fiscal year ended September 30, 2006 (fiscal 2006), Sanford Corporation accounted for approximately 7% of the Company’s total revenues.
eWMS is designed to fully automate a warehouse. The system is a fully integrated, scalable product designed to address day-to-day operational functions and inventory availability. It operates on platforms, such as Linux or Windows and utilizes relational database management systems. The system includes integral radio frequency (RF) support to facilitate product movement processes within the warehouse. Receiving, inventory control, replenishment and picking are automated. The system includes inventory control functions, such as receiving, system-directed, automatic replenishment, consolidation and cycle counting. The product includes a number of standard functions that can be custom configured to suit the physical warehouse and inventory control requirements of the customer. It can control and record all material movements, including: planned and unplanned receipts, adjustments and order processing.
Cape’s light-directed picking solutions interface with a number of enterprise resource planning (ERP) systems and can be modified to work with almost any system. The Company’s product line includes a mobile cart-based system. This system, CartRite, utilizes light panels and advanced wireless communications in its warehouse management application. Cape has developed standard communication interfaces with ERP vendors, including SAP, JD Edwards, Oracle, Peoplesoft and Microsoft Great Plains Resources, and other enterprise level systems. The Company is an authorized software provider for many shippers in the United States, which includes UPS/FedEx/RPS/USPS. The software is capable of simultaneous production of shipping bar codes when labels are generated. PicRite, TurnRite, and PutRite light-prompt systems are being used in various industries, including pharmaceuticals, cosmetics, publishing, mail order industries, automotive, electronics, direct selling associations, retail and wholesale distribution. Customers include Merck Pharmaceutical, Pfizer, Wyeth, Estee Lauder, OfficeMax, Rite Aid and Braun Electronics.
The Company has developed and offers automation software, which integrates its pallet optimization and enterprise software to allow for on-the-fly-palletizing of consistent-size cartons using Motoman robots. This system is installed at Bolthouse Farms. As of September 30, 2006, Cape was enhancing this capability to include palletization of mixed carton sizes or bundles and several major robotic systems.
Cape is in the process of completing development of an advanced suite of supply chain visibility and dashboard products. The Company is completing development of and offers a graphical Web-based portal to seamlessly access its enterprise WMS product suite using mobile technology, such as mobile phones and personal digital assistants (PDAs). Cape is also in the process of developing dashboard interfaces with other ERP, customer relationship management and other WMS systems.
Packaged Software Products
The Company offers a range of software solutions for all packaging design, palletizing and truck or container loading needs. The CAPE PACK and TRUCKFILL programs can be fully integrated with other systems, and offer simple import and export features. Sharing pallet specifications and container load diagrams is enabled with the e-mail feature and the Web Page Publisher program. CAPE PACK palletizing and package design software calculates pallet loads, enables users to design custom packages, evaluate alternative product dimensions, review optional pack arrangements and test package integrity using the compression strength testing feature. CAPE PACK also includes import and exporting capabilities, enabling integration with other systems, such as SAP. Product data can be imported into CAPE PACK and stored in product, bundle and case size databases.
The Arrange Group takes the design process a step further and helps to design improved case sizes, better product arrangements, or bundles, within the case and get more product on a pallet. Beginning with a fixed product size, the user can set a range of desired product quantities and the program would calculate alternative bundles, secondary packaging sizes and arrangements. The Design Group is used to evaluate alternative product dimensions so more product will fit in the case, on the store shelf, and on the pallet. This group builds on Pallet and Arrange so beginning with a variable product dimension, the user can specify how much each dimension can vary up or down and in certain increments. The program then calculates alternative product dimensions, bundles, cases and the resulting pallet load.
CAPE PACK’s graphics technology enables users to view true to life representations of solutions and the power to share the results with other people. The program generates three-dimensional, color displays of full, quarter and club-store pallet loads. CASEFILL, DISPLAY PALLET, AND KDF are utilities, which can aid in the consolidation of cases, automatically calculate mixed product pallets for club-stores, and to generate pallet loads using bundles of KDF’s flat glued cases. DISPLAY PALLET PROGRAM accesses a customer’s product database to help manufacturers and retailers build three-dimensional displays of single and mixed-sized products for club stores.
TRUCKFILL software specializes in the organization and priority loading of products into trucks and containers. PALLET-LITE is a scaled-down version of the Pallet Group capabilities within CAPE PACK that has been released into the European market. It provides users with a program to develop simple pallet patterns.
Apply and Comply is a turnkey radio frequency identification (RFID) labeling solution that gives users the capability to be compliant with Wal-Mart, Target, Gillette, Best Buy and the United States Department of Defense mandates. Designed for companies that are facing RFID compliance mandates on low to mid volume products, the Apply and Comply product offers a portable solution containing all of the hardware, software and equipment necessary to provide a RFID compliance label tagging solution. The Company also distributes RFID Tag Locators. This application uses commercially available RFID tags and readers to measure RFID performance at the case and pallet level under real-world conditions.
Cape competes with SSA Global Technologies, Manhattan Associates, ComVest Investment Partners, Real Time Solutions, Oracle, i2 Technologies, Siemens, Kingway, Lightning Pick, TOPS Engineering, ODIN Technologies and Venture Research.
Formerly known as Vertex Interactive, Inc.
Provider of supply chain management technologies
CAPE SYSTEMS INC
J. H. COHN LLP
US SIC Code
3619, Kennedy Road
City province or state postal code
07080, SOUTH PLAINFIELD, NJ
Phone: +1 908 756 2000
Country address: UNITED STATES OF AMERICA
Website url: www.capesystems.com