ROI for IoT implementation in Inventory Management

  • Optimizing the stock level at all time
  • Enable Omni-channel sales approach
  • Anti-counterfeiting
  • Capture missed revenue
  • Avoid fraud risks
  • Space optimisation & visibility
  • Simplify & speed up inventory processing
  • Increased inventory accuracy
  • Eliminates out of stock / unavailability of goods
  • Space optimisation & visibility
  • Speed up inventory stock take / cycle count / auditing
  • Minimize inventory searching time
  • Eliminate human mistake
  • Improve efficiency of sales return
  • Intelligent procurement with demand planning
  • Reduce inventory size
  • Eliminate excess order / overstock
  • Pilferage
  • Accidental loss
  • Waste of goods expirations
  • Damages due to non-optimum storage condition
  • Write off
  • Eliminate wrong inventory distribution shipment

ROI for IoT implementation in Asset Management

  • Always has sufficient equipment to treat patients
  • Asset availability & visibility
  • Hygiene control and compliance
  • Simplify and speed up asset processing / management
  • Minimize asset searching time
  • Eliminates asset shortage / unavailability
  • Speed up asset stock take / auditing
  • Eliminate human mistake
  • Intelligent procurement with demand planning
  • Maximize usage; avoid asset being idle
  • Eliminate access of asset
  • Reduce asset size
  • Misplace or lose
  • Pilferage
  • Accidental loss
  • Damages due to improper maintenance