LossLess Group
Status quo
RFID tracking has long been anticipated as the inevitable future of textiles management. Despite this, its widespread adoption has been delayed for over a decade. Common reasons for this lag include perceived high costs, lack of accuracy, and unclear benefits. Also, until the introduction of Fides, the cloud-based SaaS textile management eco-system by LossLess Group, there existed no hotel-centric application that hotel operators could turn to.
Overcoming Challenges
At LossLess Group, we have systematically addressed the concerns that prevented hotels from adopting RFID based textile management solutions. When it comes to cost, Fides essentially pays for itself through the savings it generates. Beyond financial gains, the system offers multiple benefits, optimizing stock levels and usage, relieving labor challenges, increasing housekeeping productivity, facilitating circularity by re-use of assets, and contributing to environmental sustainability.
Addressing lifecycle control issues
Traceability provides detailed information about the price of textiles, items in circulation, number of washes, and losses. This functionality clarifies the composition of the all-inclusive pay-per-wash tariff commonly used in the industry. Hotels often opt for rental services because they struggle to control the lifecycle of their textiles. This decision is made without fully understanding the real economics of such services. From a financial standpoint, the visibility gained from traceability raises the question whether renting assets used daily should remain the preferred option.
Embracing Technological Evolution
The extension of transaction models is a natural consequence of the inevitable evolution of technology. As such, it should not be perceived as offensive, but as a call for change. Connected textiles represent a new industry, opening up numerous opportunities.
