Atlanta, September 15, 2021 – Tosca, a global leader in reusable container and pallet pooling for supply chains, announced today that it has added a comprehensive IoT service called Asset IQ to its broad portfolio of reusable assets. Tosca Asset IQ is supply chain IoT that delivers critical data and insights about supply chain performance. Partners will use it to find efficiencies and relieve bottlenecks, leading to better performance.
The Asset IQ service involves outfitting Tosca’s pooled reusable products with active IoT technology and reporting real-time data on a dashboard accessible to customers on their own computers and mobile devices. Tosca will work with customers to determine the best solution for them by combining the Asset IQ technology and products from Tosca’s broad portfolio of reusable pallets, bulk containers, displays, crates, and dollies that best suits the customer’s needs. Core capabilities include real-time asset location, the ability to pinpoint asset leaks, and monitoring of asset utilization, cycle times and overall pool efficiency.
Eric Frank, Chief Executive Officer at Tosca, is excited to roll out Asset IQ to both the United States and EMEA markets. “The ability to record and understand data is one of the most important ways a business can understand actual performance and identify improvements that can be made. We see a huge potential for our customers to optimize efficiency in their supply chains by combining our high-quality products with the intelligent insights provided by our IoT technologies.”
Tosca Asset IQ enables organizations to keep track of products through the supply chain and utilize a smaller pool of reusable assets, reducing overall waste and supporting the circular economy. In addition to offering the ability to trace products and assets through your supply chain, Asset IQ allows for advanced functionality such as temperature, humidity, vibration, inventory, weather, and hygiene tracking.
Uncover hidden opportunities and create smarter supply chains that optimize performance with Tosca Asset IQ. To learn more, visit www.toscaltd.com.
Tosca (www.toscaltd.com) is a global leader in reusable packaging solutions and pooling for food supply chains. Our unique end-to-end pooling capabilities offer growers, suppliers, and retailers a smarter and more sustainable way to move their products from source to shelf. With reusable containers and pallets that preserve product quality and reduce shrink and labor cost, we help these customers build higher-performing supply chains.
Tosca’s recent acquisition of Polymer Logistics and Contraload now creates one stronger partner with expanded global reach and a more robust product portfolio, capable of serving both upstream and downstream markets.