About the Cost of Loss Tracker Service
JIT Solution helps organisations identify the true financial impact of operational incidents, waste, downtime and recurring problems.
The JIT Solution Cost of Loss Tracker connects incident reporting, cost analysis, corrective actions and management reporting so organisations can move beyond recording incidents and start understanding what those incidents actually cost
- Consultation and workflow review
- Template design
- Field Configuration
- Formula setup
- Dashboard and Reporting Support
- Staff Training
- Ongoing Improvement Support
Formula Setup
Consultation
Template Design
Training
Field Configuration
Ongoing Support
Objective of the Service
The objective is to provide businesses with a simple, structured, and repeatable process that captures the direct cost of incidents such as:
- Damaged stock or materials
- Wasted Product
- Lost labour hours
- Machine or process downtime
- Repair or replacement expenses
- Related operational losses
This gives management clearer visibility of hidden losses, supports stronger corrective actions, and helps identify repeat issues affecting profitability and operational performance.