Small assets, large costs: why every inventory matters
Asset-management discussions naturally focus on the most expensive equipment. Daily operations often depend on hundreds or thousands of smaller resources: tools, electronics, parts, consumables, accessories, and shared equipment.
72% of costs come from small assets
The 2026 Samsara and Wakefield Research study reports that 72% of operational costs attributed to missing assets came from resources valued under CA$14,000. In the same research, 98% of organizations said asset searching happened daily or weekly.
The study surveyed 1,500 financial executives across several countries and operations including construction, logistics, field services, and utilities. These figures do not mean every organization loses the same amount of equipment. They show how repeated small inefficiencies become significant at organizational scale.
An asset can be lost without disappearing
Equipment may have moved to another room, been given to an employee, transferred to a project, or stored somewhere else. For the operation that needs it now, the result is similar: it is not available at the right time. The organization may search, rent a replacement, or buy another one.
A common foundation for every industry
A municipality may track equipment, a service company shared material, a workshop parts and tools, or an event team equipment by project. The principle is the same: when a resource has value and moves, it helps to know where it is, how much remains, and what it is assigned to.
PROVINTOR provides that shared foundation so material management does not depend only on spreadsheets, paper, or employee memory.
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