tagiq-roi-calculator

1. Prospect Information

Company Name

Industry

2. Asset Profile

Number of Assets ?Total assets you'd track with Tag IQ BLE tags. Include tools, equipment, trailers, containers — anything in GPS-blind zones.

Average Asset Value (£) ?Average replacement cost per asset. Construction equipment: £6K–£30K. Logistics containers: £2K–£10K.

3. Asset Loss & Theft

Include loss & theft savings

Assets Lost / Stolen per Year ?Construction: 5–10 per 100 tracked. Logistics: 3–7. US construction theft: £300M–£1B annually.

Avg Cost per Lost Asset (£) ?Construction: £6K–£30K. Logistics: £2K–£10K. Utilities: £5K–£15K. Rental: £3K–£20K.

Current Recovery Rate (%) ?Without tracking: Construction 7–21%, Logistics 15–25%, Utilities 10–20%. Only 21% of stolen construction equipment is recovered.

Recovery Rate with Tag IQ (%) ?With tracking: typically 75–90% recovery rate across all industries.

4. Labor & Search Time

Include labor & search savings

Workers Who Search for Assets ?82% of contractors report schedule delays from missing equipment. Count anyone who spends time locating tools or assets.

Minutes / Worker / Day Searching ?Low: 10 min. Typical: 15–20 min. Large ops: 30+ min. Even 15 min/day at £35/hr = £2,187/worker/year.

Fully-Loaded Hourly Rate (£) ?Include wages + benefits + overhead. Low: £25. Typical: £35–£45. Skilled trades: £60+.

Working Days / Year ?Standard: 250 days. Adjust for seasonal operations.

Search Time Reduction with Tag IQ (%) ?Typical reduction: 60–90%. Tag IQ provides real-time location so workers go directly to the asset.

5. Asset Utilization

Include utilization savings

Annual Rental / Replacement Spend (£) ?Annual spend renting or buying extra assets because existing ones can't be found. Construction utilization without tracking: 30–40%.

Expected Reduction (%) ?Construction: 10–20% reduction. Logistics: 10–15%. Utilities: 10–15%.

6. Operational Downtime

Include downtime savings

Downtime Incidents / Year ?Construction: 12–24/yr. Logistics: 10–20/yr. Utilities: 6–15/yr.

Avg Cost per Incident (£) ?Include idle crew costs, project delays, missed deadlines. Construction: £1K–£5K. Logistics: £500–£3K. Utilities: £1.5K–£5K.

Reduction with Tag IQ (%) ?Typical: 60–80% reduction. Tag IQ alerts when assets move unexpectedly or leave geofenced zones.

7. Tag IQ Investment

Per-Tag Hardware Cost (£)

Per-Tag Monthly Subscription (£)

Number of Tags Quoted

One-Time Setup Fee (£)

1. Prospect Information

2. Asset Profile

3. Asset Loss & Theft

4. Labor & Search Time

5. Asset Utilization

6. Operational Downtime

7. Tag IQ Investment

Annual Savings Breakdown

Tag IQ Investment

Per-Asset Economics

Savings by Category

1. Prospect Information

2. Asset Profile

3. Asset Loss & Theft

4. Labor & Search Time

5. Asset Utilization

6. Operational Downtime

7. Tag IQ Investment

Get Your ROI Results

Annual Savings Breakdown

Tag IQ Investment

Per-Asset Economics

Savings by Category