Asset Tracking ROI
Calculator
Use this tool to calculate the ROI of Thinxtra’s Massive IoT asset tracking solution - AssetInsight.
AssetInsight is Thinxtra’s asset track and trace solution that enables organisations to access data and insights they previously couldn’t or, in some cases, they didn’t know they had. This data enables informed decision making for smarter and more sustainable supply chains.
AssetInsight is cost-effective, with a compelling return on investment (ROI) in many use cases and low total cost of ownership (TCO).
See for yourself!
Note: This calculator assumes an average lifespan of 5 years for the asset.
Select a currency
What is your business type?
How many assets do you want to track?
What is the average cost per asset?
What % of your assets do you lose each year? (10-40% is a typical range)
How many hours are spent searching for assets per employee per week? (5-20 hrs is a typical range)
?This includes searching for lost assets, performing stocktaking activities, chasing customers to return assets, resolving customer disputes regarding asset returns
What is your employee pay rate per hour (or assume AUD 37, NZD 35, HKD 150)
How many employees search for your assets each week?
What's your average asset utilisation rate? (45-60% is a typical range)
?
What's your average asset utilisation rate?
For example, a 30% asset utilisation rate means your assets are not being used 30% of the time.
ROI over 5 years
Congratulations on exploring the potential of asset tracking for your business!
We’d recommend a more in-depth assessment to determine your ROI. Our calculator provides a general overview, but we believe your business could be on the path to achieving a positive return on investment with our asset tracking solutions.
Book a personalised discovery session to explore how Thinxtra’s asset tracking solution can create additional revenue from the insights of untapped data. By understanding your specific use case, we can align the right solution to your business and maximise ROI.
Disclaimer:
Disclaimer:
The return on investment calculator (“ROI Calculator”) is provided for your information only to provide
an estimate on your ROI of using Thinxtra’s Massive IoT asset tracking solutions and is not a quote.
Thinxtra has not verified the results or certified the ROI Calculator for accuracy or its suitability for
your purposes. All reasonable care has been taken in preparing and designing the ROI Calculator;
however, Thinxtra provides no warranties and makes no representations that the information provided
is appropriate for your particular circumstances or indicates you should follow a particular course of
action. The results should not be taken as a substitute for professional advice.
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Let’s have a complimentary discovery session
Contact us if you are interested in a complimentary discovery session with us to work out if Thinxtra’s asset tracking solutions are right for you.
