COVID-19
LossLess Group
Connected linen
Differentiation and preservation of cash
Whilst the potential advantages of RFID tagging have been recognized by the laundry industry for many years, the real benefits have not materialized until LossLess Group has developed their connected linen service TaaS: Textile as a Service.
The traditional rental model has become commoditized and users have seen little differentiation between suppliers. However, with connected linen the benefits of a bespoke service that is controlled and transparent add significant value to the laundry proposition.
In a post COVID-19 world the TaaS connected linen model will significantly reduce the working capital requirements for laundry companies, allowing cash-efficient expansion. Becoming a part of the LossLess Group family will help laundries expand profitably.
Total visibility of textiles in circulation will help both the users and the laundries improve efficiency, and reduce the amount of stock required to provide a consistently reliable service. With absolute clarity of data there are no disputes on invoicing and therefore improved payment times.
In addition to TaaS, our value proposition offers leaseback constructions of textiles and laundry equipment.
Related articles
More industry and technology
April 3rd, 2020
UHF RFID
Our tracking system TaaS, Textiles as a Service, is the product of integrating UHF RFID with other innovative technologies. RFID, an acronym for Radio Frequency Identification, is a wireless communication technology that uses radio waves to identify and track objects. […]
Read moreApril 17th, 2020
Textiles and the environment
At LossLess Group , we consider it one of our primary responsibilities to help flatten the curve of environmental mismanagement. We operate in interconnected industries that have a common denominator: Textiles, a one trillion dollar annual market. According to the […]
Read moreApril 24th, 2020
ADR, RevPAR and Occupancy
Hotels, or if we want to use a more confusing term: the lodging industry, use 3 key performance indicators to measure their performance: ADR, RevPAR and Occupancy rate. However, unlike other holy trinities in business, this is really a duality […]
Read more