Why this matters to buyers
Small asset theft can lead to significant hidden losses and operational disruptions, affecting productivity and costs for businesses managing physical assets and equipment.
Recommended buyer actions
- Implement asset tracking and security measures
- Review insurance coverage for small equipment losses
Original source context
Asset theft and equipment loss remain persistent challenges across industries including construction, transportation, utilities and field services, placing increasing pressure on organisations already managing tight margins, labour shortages and complex supply chains. While the financial impact of stolen high-value equipment is well understood, the day-to-day operational disruption caused by missing tools, smaller assets and specialist […] The post Study Finds Small Asset Theft Behind Millions in Hidden Losses appeared first on Logistics Business.
Read the original report · Logistics Business