Loss Prevention

In its simplest form, asset tracking helps locate missing assets such as inventory and equipment. But instead of searching for misplaced or lost assets, RTLS can prevent the loss of theft from happening in the first place.

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How can AirFinder help with loss prevention?

Whether it is hoarding, misplacement or theft, assets end in the wrong place every day. Tracking with a real-time location system saves on repurchasing costs and time spent searching.
Some RTLS solutions track assets indoors, while other solutions can track assets outdoors. With AirFinder Everywhere, your company can prevent loss with one system that tracks in both environments. This unique solution is helpful considering the fact that assets are often found in unique locations.

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Why is loss prevention important?

The obvious answer is that it saves money. But here are a handful of specific use cases that can improve your companies return on investment. 

  • Eliminates hoarding

    Many times, staff hide equipment so they can have easy access when need. With RTLS, the equipment can become available to everyone.
  • Prevents theft

    There are many ways to prevent theft, but inevitably inventory or equipment will be stolen. A tracking device is the simplest method to locate the asset quickly.
  • Limiting misplacement

    Companies are run by humans. Which means mistakes will happen. Investing in RTLS is a simple way to limit human error.
  • Improves Customer Service

    Improving process efficiency can result in creating higher-quality goods and getting customers their orders in a more timely manner. This increases the likelihood of customers returning as they are satisfied and can also lead to attracting new customers.
Eliminates hoarding

Many times, staff hide equipment so they can have easy access when need. With RTLS, the equipment can become available to everyone.

Prevents theft

There are many ways to prevent theft, but inevitably inventory or equipment will be stolen. A tracking device is the simplest method to locate the asset quickly.

Limiting misplacement

Companies are run by humans. Which means mistakes will happen. Investing in RTLS is a simple way to limit human error.

Improves Customer Service

Improving process efficiency can result in creating higher-quality goods and getting customers their orders in a more timely manner. This increases the likelihood of customers returning as they are satisfied and can also lead to attracting new customers.

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Who needs RTLS to prevent loss?

No one industry needs loss prevention more than any other. In all practicality, every company could save money with a loss prevention solution. But here are some of the top industries that are using RTLS today.

  • Healthcare

  • Manufacturing plants

  • Retail Warehouses

  • Supply Chain Containers

Healthcare

Manufacturing plants

Retail Warehouses

Supply Chain Containers

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