🇦🇺Australia

Excessive Cruising Costs for Accuracy

2 verified sources

Definition

100% cruises tally every tree for absolute accuracy but are 'very expensive and cost prohibitive' for most cases, reserved for high-value stands where volume errors could cause major losses.

Key Findings

  • Financial Impact: AUD 10,000+ per high-value tract (cost-prohibitive full inventory vs. sampling methods)
  • Frequency: Per high-value stand or tract inventory
  • Root Cause: Irregular stand conditions requiring 100% tallying; professional duty to ensure accuracy within 'a few percent' but opting for full cruise inflates costs

Why This Matters

The Pitch: Forestry operators in Australia spend AUD 10,000+ extra per high-value tract on full 100% cruises. Automation of inventory sampling cuts this overhead.

Affected Stakeholders

Consulting foresters, Landowners with premium timber, Harvesting contractors

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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