PiN IoT provides real-time tracking solutions for the waste and recycling industry by fitting low-power tracking devices to skips and vehicles, enabling automated visibility of operations and precise inventory management. This technology addresses the issue of unknown skip locations, allowing companies to optimize collection processes, increase capacity by 30%, and reduce costs associated with underperforming assets.
Funding
$3.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Waste and recycling companies often lack real-time visibility into their skip and vehicle operations, leading to inefficiencies in collection processes and unknown locations for a significant portion of their skip inventory. This lack of oversight results in underperforming contracts, lost revenue, unnecessary skip purchases, and increased operational costs.
Solution
PiN IoT provides a comprehensive tracking and analytics platform designed to digitize waste collection and recycling processes. By fitting low-power tracking devices to skips and vehicles, PiN enables automated, real-time oversight of operations, providing precise visibility of skip inventory at depots and customer sites. The system integrates with existing operational data to match skips to individual contract agreements, capturing every skip and vehicle movement digitally. PiN's software processes this data into intuitive reports and analytics, monitoring service delivery, contract performance, and inventory availability, facilitating proactive optimization of planning, service delivery, and overall performance.
Target Audience
The primary customers are waste and recycling companies seeking to optimize their operations, increase efficiency, improve customer service, and ensure compliance through real-time tracking and data-driven insights.
Features
- Low-power tracking devices with a 7-year battery life, fitted to skips and vehicles
- Integration with existing operational data to match skips to customer contracts
- Real-time, automated visibility of skip inventory at depots and customer sites
- Digital capture of every skip and vehicle movement
- Intuitive reports and analytics for monitoring service delivery and contract performance
- Real-time alerts for route deviations, delays, failed jobs, and service errors
- Identification of discrepancies in operating system data as they arise
- Historical trend data, transport, and skip utilization metrics for optimizing capital deployment