Answer
An organisation utilising the IQ solutions can achieve operational cost benefits in many areas. For example all IQ products can programmed to display an electronic seal number, so as well as saving actual physical sealing product costs, seal management and control procedures could be streamlined. A reduction in manpower and an increase in control could quite quickly be seen.
Shrinkage or internal thefts from within an organisation costs millions in lost profits and could easily be reduced. IQ offers total transparency of who, when and where an assets has been accessed, making everyone involved within the supply chain accountable for their actions in or around a designated asset area. Consequently it becomes much easier to identify and eliminate weaknesses in your internal supply chain, reducing losses from within and deterring thefts externally to you organisation.
Increasing vehicle security is the obvious area which can be improved upon and adopting a proactive approach to your own or your 3PL provider’s fleet could reduce losses of your assets or give you the competitive advantage to maintain or secure new business opportunities.