Upload
colleen-wiggins
View
43
Download
0
Tags:
Embed Size (px)
DESCRIPTION
Operations Update. Isaac Angel Executive Vice President, Global Operations. Supply Chain Overview. PLAN. SOURCE. SUPPORT. MAKE. DELIVER. W O R L D C L A S S P E O P L E. Supply Chain Model & Benefits. Build to Stock and Build to Order model - PowerPoint PPT Presentation
Citation preview
OperationsUpdate
Isaac Angel
Executive Vice President, Global Operations
Supply Chain Overview
Supply Chain Model & Benefits
• Build to Stock and Build to Order model
• Fulfillment model: DC shipments and direct to customer shipments
• Hybrid model of manufacturing
• Capabilities to rapidly respond to customer requirements
• Overriding dedication to quality of products
• Build a diverse portfolio of technologies — barrier of entry
• Constant re-engineering to retain the leadership position
• New product intros
• State of the art e-SCM tools & systems
• Global capacity
PLAN SOURCE MAKE DELIVER SUPPORT
W O R L D C L A S S P E O P L E
Integration Highlights
Merge CapitalizeIntegrate
• Investments– Oracle 11i upgrade– Inventory investment– NURIT capacity expansion
• Consolidate and simplify– Closed 4 factories and 5 DC’s
• Expanded our in-house manufacturing by 60%
• Largest provider of wireless product in the payment industry
• Focus on demand planning competence– Service level is linked to our ability to plan
2007 Overview
• Successfully merged two different Supply Chains into one cohesive team
• Launched 13 NEW products this year
• Production of over 500K payment systems per quarter
• Implemented (just) Oracle 11i Advanced Planner Module with teams located in US, Singapore and Israel
– Done by employees who didn’t know each other 12 months ago!
• Supply NURIT 8020 turn key out of Brazil
• Completed PCI transition within the product portfolio
Simply the most powerful and nimble Supply Chain
in the payment industry … Undisputed
2008 Plans
• Implementation of ATP – Available to Promise technology
• Continued consolidation of sites
• Focus on Fill Rate improvement (>95%) and lead-time reduction to customers
• Plan and invest to build scale for $2B enterprise
PlanPlan InvestInvest+ ConsolidateConsolidate+
PCI PED
• Challenges
• Inventory
• PCI PED deadline
• Forecast/projections
Ensuring safe handling of sensitive informationand improve cardholder confidence
R&D Overview
R&D Global Footprint
Honolulu
Sacramento
San Jose
Mexico City
ClearwaterMiami
Atlanta
Sao Paolo
Buenos Aires
Paris
WarsawLondon
Bangalore
Singapore
TaipeiHong Kong
Manila
DallasBeijing
SavannahTel AvivSpain
ItalyToronto
New York
Russia
India
Turkey
Australia
Dublin
Product Design Centers Platform Software Development Centers Application Development Centers
Worldwide over 700 personnel developing system solutions
R & D Investment
Note: Hypercom 2006 figures per Morgan Keegan; Ingenico 2006 figures per Merrill Lynch; Ingenico 2003 – 2006 figures converted using exchange rate of US$ 1 = 0.784 Euros
Note: Financials above reflect FYE October 31 for VeriFone and LTM June 30 for Lipman.
$33
$42
$56
$61
$24$27 $28 $27
$44$41
$52
$34
$0
$10
$20
$30
$40
$50
$60
$70
2003A 2004A 2005A 2006A
R&
D S
pe
nd
($
in
mm
)
VeriFone
Hypercom
Ingenico
R&D Integration Highlights
People
• Senior Management
• Program Management
• Dev & Tech Support
• ISS & PAYware teams
Products
• PINpad1000SE (PCI)
• TMS applications
• NextGen Products
Technologies
• NextGen Platform
• PCI 2.0 Platform
• Contactless Platform
Business Process
• PLC Development Process & Sign-off
• Custom Project Process & Sign-off
2007 Overview
• PCI-PED, PCI-EPP, PCI-UPT, PCI-DSS
• EMV level 1 and 2, PBOC 2.0, CB 5.2
• MasterCard TQM and PTS
• Regional Bank/Processor(Class B, Class A, etc)
• Regional Security associations(Interac, CC, Currence, ZKE,SAKO-I, ep2, ETSL, APCA, NETS, EPSCO, PCEC)
Industry Certifications
VeriFone EMV Solutions
• EMV Hardware (L1) compliance on all platforms
– Vx, Nurit, MX, SC 5000, Verix, Smart 5000, OpenPay, Secura, Xplorer, Xtreme
• EMV Software (L2) compliance on all EMV platforms
– Vx, Nurit, MX, SC 5000, Verix, Smart 5000, OpenPay, Secura, Xplorer, Xtreme
• EMV L1 and L2 certifications planned for all new smart card products
– New Vx, Verix, SC 5000, MX modules planned with additional requirements for Canada (EMV Interac compliance); Custom modules for China and France
• MasterCard Terminal Quality Management (TQM)
– Label maintained on all EMV products
FY 2007 – Major Releases
Q1’07
V5 terminal
SC5000 Vx/NURIT PTS
China RoHS
Qx 720
OP 4100
VisualPayments
31 Customs
Q2’07
Vx570 ISDN
NURIT 293
MX870 EMV
FOPT
OTS
(IPCharge)
51 Customs
Q3’07
Vx 510 (PCI)
Vx 610 (PCI)
V5 PINPad
NURIT 2930
NURIT 8400
MX850
MX830
PC Charge 5.7
IP Charge 1.2
69 Customs
Q4’07
Vx 810
Vx 670 (BT)
NURIT 8020 (PCI)
PINpad1000SE
QX110W/T/D
RiTA 3.03
75+ Customs
FY2008 Plan – Solutions
• Product line enhancements
• Integrated & modular contactless
• Expanded communication options
• Platform architecture consolidation
• PCI 2.0 architecture & certifications
• Custom & sustaining projects
• New ECR & UPT system solutions
Payment / Integrated Systems
FY2008 Plan - Systems
• PAYware Merchant, PrePAY, Link, and CMS enhancements & regional customizations
• RiTA Server, IP Charge enhancements
• PC Charge 6.0 release & updates
• VeriFone Managed Services, Rapid Application Development (RADD) Tools
• VeriCentre & NCC enhancement releases
• PCI DSS compliance for all relevant products & services
Enterprise Systems
Mandates
PCI & PABP
Unmatched PCI approved portfolio!
• 27 product models PCI PED approved
• 3 payment applications PABP approved
• 1 payment service CISP approved
Challenges (2008)
• PCI 2.0 architecture, design, and certification for new PEDs & EPPs
• Visa PABP mandates & certifications for new Payment Applications
Oct 1, 2007 PCI EPP (for all newly deployed EPPs)
Jan 1, 2008 PCI PED (for all newly deployed PEDs)
Apr 1, 2008 PCI 2.0 (for all newly submitted PEDs & EPPs)
Jul 1, 2008 PABP certification required on all new payment applications
Jul 1, 2010 All POS PEDs in use must be certified (Visa PED or PCI PED)
Wireless Leadership
NURIT 8000
Vx 670
Vx 610
• Industry leading product portfolio
– NURIT 8000, Vx 670, Vx
610
• Leading wireless technologies
– GPRS, CDMA, Wi-Fi, Bluetooth
• Total solution & services
– Systems, software, gateway, airtime, deployment
– ON THE SPOT Managed for PATT (IPCharge)
• Worldwide network certifications
Thank You!