Smart connected products can detect, deter and prevent losses of all kinds, making everyone a winner by improving profitability all around.
Spoilage. Cold-chain failure. Theft. No matter what form it takes, loss is a drag on profits. Taking home less at the end of the day is enough to motivate any business owner to want to stem the tide. The secret to successful loss prevention is making the math work: if your loss prevention strategy costs you less than the losses it prevents, you’ve found a winning approach.
Smart connected products are increasingly effective at loss prevention because the cloud can deliver the always-on, never-sleeping, works-anywhere vigilance essential to detecting, deterring, and preventing losses. As the cost of connecting products comes down, businesses are finding that the math is mathing for more loss prevention scenarios.
The bottom line is that loss prevention can be very profitable. When your connected product helps customers turn potential losses into potential profits, the ROI couldn’t be clearer and your connected product’s value proposition almost writes itself.
Smart connected products are the secret to detecting, deterring, or preventing losses due to theft, shrinkage, or spoilage.
Preventing losses is the most straight-forward value proposition imaginable. Any customer would gladly pay 5, 10 or even 50 cents for every dollar in losses you could guarantee to eliminate for them.
There are several ways to price a loss prevention offering built using a smart connected product:
Blues helps you easily and quickly connect your products and deploy always-on monitoring, asset location tracking, and predictive maintenance to help your customers reduce or prevent losses.
Saving money for your customers is only possible if you can price your loss prevention offering accordingly. Blues makes it possible to create and operate smart connected products affordably. No carrier subscriptions, even when you need Skylo or Iridium satellite connectivity.
Blues offers the widest range of plug-and-play wireless technologies, including cellular, satellite, LoRa and WiFi. Pick what’s best for your loss prevention scenario, whether you are protecting static fixed assets or cargo that is transiting the globe.
Data travels from your connected product to the cloud off-internet and encrypted. Blues designed-in enterprise-grade security from the start, protecting your connected product from prying eyes so you can focus on protecting your customers from loss.
Zero-Configuration IoT: How AgroPatterns Revolutionized Agricultural Monitoring with Blues – Case Study
AgroPatterns provides precision agriculture solutions for the global fresh flower industry, serving growers across the globe who manage million-dollar greenhouse operations. In an industry where up to 45% of flowers never reach store shelves and timing is critical for holiday deliveries, a single environmental miscalculation can destroy crops worth over $1 million per greenhouse.
Using Blues cellular connectivity, AgroPatterns is able to deploy agricultural monitoring systems anywhere in the world. Real-time environmental monitoring now enables growers to catch problems before they destroy crops and make precise adjustments that protect million-dollar inventories.
Increase uptime by remotely monitoring the condition of your connected products so you can act before a failure occurs. Data-driven predictive maintenance eliminates costly outages, increases customer satisfaction and boosts everyone's P&L.
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Improve energy management by connecting your products to gain real-time visibility, generate predictive insights, and enable your own automated controls. Reduce energy consumption, improve equipment efficiency and lower costs, while increasing sustainability and meeting compliance needs.
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Eliminate costly and unnecessary truck rolls by connecting your products to deliver real-time visibility into when maintenance or top ups are actually needed, instead of on a fixed schedule. Increase customer satisfaction with proactive, data-driven, perfectly-timed service visits. Learn more about how Blues eliminates unnecessary truck rolls.
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Connect your products to enhance safety and security through continuous monitoring, event detection, and automated alerts. Protect people, vehicles, cargo, and operations. Cost-effectively meet safety regulations and prove compliance. Learn more how Blues enhances safety and security.
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Reduce theft and eliminate spoilage by connecting your products with uninterrupted global coverage, using sensor telemetry and real-time location to protect equipment and inventory. Avoid these preventable and costly losses which disrupt operations. Learn more about how Blues helps reduce theft and reduces spoilage.
Learn moreWhether you're focused on protecting people, vehicles, cargo, and operations – or all four! – we're ready to chat or help you dive right in.
