Companies lose 10–15% of reusable pallets annually — $15–$50 per pallet. Nobody knows who has the pallets or when they'll return. Manual pallet counts take hours and are inaccurate. Pallet shrinkage at $20M+ companies costs $500K–$2M per year.
Asset tracking platform using IoT sensors and barcode scanning to provide real-time visibility into pallet locations, custody chains, dwell times, and return rates — reducing pallet loss by 60%+ and automating reconciliation.
Companies with 1,000+ reusable pallets or containers, pallet pooling companies managing shared assets, and manufacturers tracking returnable packaging across their supply chain
Sustainability pushes reusable packaging adoption. IoT costs make per-pallet tracking economical. Supply chain visibility expectations extend to packaging assets. Pallet pooling models require accurate tracking for billing.
Per-pallet: $0.50/pallet/mo (up to 5K), $0.30/pallet/mo (5K–20K), $0.15/pallet/mo (20K+). IoT devices: $5–$15/unit. Minimum $199/mo.
Physical inventory counts quarterly. Hours of labor, inaccurate, reactive only
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