What are lost assets costing your business?

    Help your business to track moving assets, reduce costs and improve customer experience.

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    SCT Logistics Case Study

    For example, SCT Logistics found that with Track and Monitor deployed, the cost saving is forecasted at $3.8m per year (versus not having a tracking solution).

    Total moving assets

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    Cost per moving asset

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    Total lost assets per year
    Calculated potential savings

    Here’s how it can look for some other organisations


    A construction company is spending $750,000 every year hiring equipment because they can’t find their own assets.


    A council uncovered a loss of $800,000 worth of missing assets over 3 years due to errors from manual tracking processes.


    A utility customer with 150,000 assets in the field annually is currently scanning 10,000 times a day to keep up to date records.

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    About this calculator

    Use our Asset Tracking Calculator as a guide to help you think about the power of IoT in your business.

    It provides a simple estimate of the cost of lost or misplaced assets, and the potential savings you could make using IoT asset trackers.

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