LYIT (Last Yard Inventory Tracker) is a hardware and software system designed to track high-use maintenance parts in environments such as workshops, crib rooms, trailers, and remote laydowns. It operates offline and syncs once online, providing real-time visibility to avoid stockouts and improve operational flow.

Use of LYIT hardware is provided under a rental arrangement. Equipment remains the property of Open Road Ventures Pty Ltd and is leased for the duration of the agreed subscription. The equipment is supplied for use exclusively at the agreed site location and may not be relocated without approval.

Clients are responsible for maintaining the equipment in good condition. Any damage due to misuse, negligence, exposure to unsuitable environments, or unauthorised relocation will result in invoicing for replacement or repair costs.

Standard onboarding and support are included as part of the subscription. Training materials and documentation are made available via our support hub. Ongoing technical assistance may be provided depending on your plan and support agreement.

LYIT operates on a 12-month subscription cycle. All subscriptions renew automatically unless cancelled in writing with a minimum of 60 days’ notice. Payment is made via invoice and due within the terms stated. Non-payment may result in suspension of system access and removal of hardware.

Upon cancellation or non-renewal, all LYIT equipment must be returned in working order within 30 business days. If hardware is not returned or is returned damaged, the client will be invoiced for its full replacement cost.

LYIT collects non-personal inventory and usage data for performance analysis and may use anonymised data for marketing and product development purposes. No personally identifiable data will be shared without consent.

We are committed to maintaining the highest standards of security and compliance. The LYIT platform is hosted in secure, enterprise-grade data centers located in Australia and Singapore, certified against internationally recognized standards including SOC 2 Type II, ISO/IEC 27001 (Information Security Management), ISO/IEC 27017 (Cloud Security), and ISO/IEC 27018 (Cloud Privacy). These facilities also operate in alignment with GDPR and other relevant data protection frameworks.

All data in transit is encrypted using industry-standard TLS/SSL protocols. Our internal systems and processes are designed following best practices in information security, access control, and risk management. We maintain a strong focus on operational integrity, business continuity, and the secure handling of customer data throughout the operational lifecycle.

While LYIT continues tracking offline, certain features require internet connectivity. We do not guarantee uninterrupted service and are not liable for third-party network outages or data loss caused by external factors.

LYIT is a tool designed to support inventory management. Open Road Ventures Pty Ltd is not liable for business loss, equipment failure due to unrelated issues, or damages resulting from reliance on system notifications alone. Clients remain responsible for operational oversight.

These Terms are governed by the laws of Queensland, Australia. Any disputes arising shall be resolved under Queensland jurisdiction.

For questions about these Terms, hardware returns, or account matters, contact us HERE