Safeguarding Your Equipment Equipment Theft: A Growing Problem for Business Owners

Overview Discuss the size of the problem Discuss reasons for equipment theft Review steps to safeguard equipment Discuss a variety of available anti-theft options

Size of the Problem 300 Million to 1 Billion per Year (For heavy equipment only) Does not include –Tools –Materials –Business interruption Crew downtime Contractual penalties Increased insurance premiums Replacement or rental costs

Top 10 States in Texas 2.North Carolina 3.California 4.Florida 5.Pennsylvania 6. 6.Georgia 7. 7.Illinois 8. 8.Missouri 9. 9.South Carolina Indiana The Top 5 States Accounted for 38% of the Stolen Equipment in 2004 Data provided by: NER

Hortica – Top 5 States for Equipment Theft January, 2000 thru September, 2006 Illinois - 19 Texas - 16 Florida - 15 North Carolina – 15 South Carolina – 14 Total of 193 claims 41%

Graph provided by: NER

3 Key Factors Of Equipment That Is Stolen Value – Primary factor – How much is it worth? Mobility – Size –Can it be moved easily? Age of equipment –Newer equipment has higher re-sale values.

Average Cost of New Equipment Skid Steers – $15,000 to $30,000 Backhoe Loaders – $45,000 to $70,000 Tractors - $30,000 to $50,000 Forklifts - $20,000 - $40,000

Recovery Rates It is estimated that less than 10% of stolen equipment is recovered. Reasons Low risk crime High payoff Poor owner records Titling & registration is not mandated Organized crime High demand for equipment – US & other countries Poor security measures in place One Key Fits-All

What can you do? Protecting your equipment Re-key your equipment Don’t leave equipment in remote locations Inventory your equipment frequently Have designated storage areas so you know if something is missing Paint your equipment a unique color –Include your company name & logo Install & use anti-theft devices

Collection of Equipment Information Manufacturer Year manufactured PIN / Serial # Owner Applied # (OAN) Color Decals / Logos Download an Equipment Information Form at:

Owner Applied Number (OAN) Hidden & Visible Visible from a distance Unique # to the equipment or unique to the owner Can be engraved for added security

Equipment Information Collection Service National Equipment Registry Stores Owner & Equipment Information in a National Database Secure System Used only in equipment recovery Works closely with Insurance & Law Enforcement Agencies

National Insurance Crime Bureau Non-profit organization Receives support from law enforcement and insurance agencies Toll free hotline TEL-NICB ( )

DATA DOT Features Laser etched micro-chips Unique number to your equipment Can only be seen using specialized equipment that is only available to law enforcement Registered with NER

RFID Durable & accurate tracking system Includes product information: –Serial number –Product information –User information –Small & easily concealed Mobile scanner allows you to track who the tool or equipment is assigned to

Electronic Article Surveillance (EAS) Security System Paper thin sticker – soft & hard security tags Can be placed inside of the equipment Alarm activated if the tool goes past the gate

Key Features Easy self installation Cellular technology 2X stronger signal than a typical cell phone Optional phone line Can be moved from job site to job site Self monitored or monitoring service Monitoring service available Door/Window MotionSecurity Cable Key Chain Container Base Unit

Key Features Standalone units (No base unit necessary) Call up to 3 programmed phone numbers Self monitored or monitoring service Magnetic mounting GPS locator Mobile Lock Motion Equipment

Other Products Weighttroller – tells you how much the load weighs Speedtroller – set a speed limit for your equipment – receive a report if the limit is exceeded Movetroller – full equipment monitor software – track the movement of you equipment Key Features Keyless system Start machinery from key pad Only authorized employees can start equipment Tracks employee use Track maintenance intervals

Caterpillar Mobile Security System (MSS) Keys are embedded with a microchip. On MSS equipped machines only the MSS Key will start them Available on new machines or as a retrofit Can be programmed to tell you who accessed the machine Can be set to only work during a specific time period

Telematics Features GPS Positioning Speed Engine status Tracks service hours Mechanical problems Remote shutdown Web based program lets you see where your equipment is Increased equipment utilization Reduced maintenance costs Increased equipment efficiency Set site specific boundaries

Features GPS tracking system Central monitoring Works with law enforcement agencies Radio transceiver Recovered more than 3 billion dollars of stolen assets to date Early Warning Recovery System Lets you know when you equipment is moved Be alerted by phone, or pager

Features Key Switch Alarms Geofences – Alarm System Machine Shutdown Device GPS Technology Theft Detection

Other Popular Non-vehicle Equipment Theft Welders Air Compressors Generators Powered Hand Tools

The End Any Questions ??