SpaceCode News & Press Releases

News - Spacecode

Geneva, 1st March 2012
Spacecode launches new...[+]

15th July 2011
Spacecode expands its operations...[+]

21st September 2011
Spacecode expands its operations...[+]

RFID Journal Steinmetz - June, 2011
Steinmetz Diamond Group...[+]

Geneva - April, 2011
The diamond supply chain...[+]

Paris - September 15, 2010
2010 SpaceCode Launches...[+]

Geneva - May 31, 2008
SpaceCode Advances...[+]

Geneva - April, 2008
SpaceCode Deploys High...[+]

Geneva - March 3, 2008
SPACECODE Releases and...[+]

Paris - June, 2007
SPACECODE signs a license...[+]

London - April 7, 2007
SPACECODE Introduces New...[+]

London - March 23, 2007
SPACECODE Announces...[+]

London - November 18, 2006
SPACECODE and Tyco...[+]

Paris - October 20, 2006
Novel Applications...[+]

London - October 11, 2006
SPACECODE and...[+]

London - September 30, 2006
SPACECODE and...[+]

Geneva - September 20, 2006
SPACECODE Introduces...[+]

Geneva - September 6, 2006
SPACECODE Study Confirms...[+]

Paris - January 20, 2006
SPACECODE to exhibit at...[+]

London - September 10, 2006
SPACECODE To Present...[+]

London - August 18, 2006
SPACECODE To Present New...[+]

Geneva - August 4, 2006
SPACECODE Receives...[+]

Geneva - November 20, 2005
SPACECODE Launches...[+]

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Geneva, April, 2011
Importance of Technology Implementation

The diamond supply chain is an impressive series of linked steps and markets starting with retrieval
of rough stones from mines, and ending with the delivery of beautiful gems to the final consumer. The entire process involves many stages, companies, transactions, people, and movements of high value stones between global locations. To manage this process companies until now have largely relied on layers of manual and barcode procedures. This results in inefficiencies, lack of control, human errors and delays, confusion, poor customer focus and responsiveness, and increased costs.

However changes and pressures in the industry are compelling these companies to increasingly
look to other technologies and processes to be updated and modernized through the use of technology and further automation. Radio Frequency Identification (RFID) is one such technology that can and isrevolutionizing the diamond supply chain. It is anticipated that technology and automation will be employed at various and numerous points in this supply chain. The adoption of this technology will occur at different times for different stages and processes of the supply chain, but ultimately all these technologies will converge, linking with and between each other to transform the diamond industry supply chain.

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