CONSTRUCTION EQUIPMENT TRACKING CHALLENGES: WHAT ARE THE CHALLENGES THAT THE CONSTRUCTION INDUSTRY FACES WHEN TRYING TO TRACK THEIR EQUIPMENT?
The Construction industry is inherently dynamic and constantly changing. There is always new equipment being purchased, rented, and shipped to construction sites across a large geographic area. It becomes a challenge to keep track of every moving part within this business sector. Construction Equipment, employee assigned equipment, and consumables are often delivered over time and divided into multiple shipments to the same construction site. After completing one phase of the job, equipment may either be moved into storage or shipped straight to the next construction site. It proves to be extremely complicated to create an efficient and accurate inventory system to accommodate such a robust and dynamic sector. Relying on old-fashioned and cumbersome processes such as ledgers or spreadsheets are not only fallible due to human error, but they are also labor-intensive and costly. Working with these types of processes will certainly lead to faulty maintenance, theft, misplacement, and therefore massive net losses.
WHY SHOULD YOU TRACK YOUR CONSTRUCTION EQUIPMENT, EMPLOYEE ASSIGNED EQUIPMENT, AND CONSUMABLES BOTH AT THE JOB SITE AND YOUR WAREHOUSE?
Tracking your construction equipment, employee assigned equipment, and consumables is a tedious but vital job in every warehouse. But it’s also extremely important to track every piece of equipment at the construction site as well. A system capable of streamlining your tracking processes both at the warehouse and the job site is fundamental to ensure accurate data gathering. Keeping track of every equipment, materials, and consumables will improve accountability across your organization, reduce excess purchases, reduce paperwork, eliminate manual tracking that is prone to error, and improve maintenance accuracy.
Once everything has been properly tagged and tracked, the possibility of loss decreases and allows your organization to clearly evaluate the use of all consumables, materials, and equipment. By having a clear picture of every asset along with their location, user, and maintenance status, your organization will be able to see the efficiency of allocated resources.
Does the crew have sufficient resources at the job site? Is there a need to increase or decrease resources allocation on a specific job site? If so, which assets need to be brought in or taken away? Is the crew sufficiently stocked in case of an unplanned situation? Your construction company might be overpaying for unnecessary resources; however, the only way to be certain is by effectively tracking and managing the job site and your warehouse closely.
After every construction equipment, employee equipment, and consumables have been properly tracked and logged into a safe and reliable system, you need to consider what is your process for tracking maintenance requests and services. Your equipment must always be compliant with new regulations and up to date with their preventive maintenance. The system you use to track those statuses must be flexible enough to accommodate the different types of equipment and the multitude of regulations each must comply to. This means that the software you choose must not only work in your office and warehouse but also at the different job sites your equipment and workers are located. Having the flexibility to use a system that adapts to the way your business functions is essential for a smooth and successful operation.
WHAT ARE THE ADVANTAGES OF TRACKING YOUR CONSTRUCTION EQUIPMENT?
- Improve asset allocation
- Locate assets by job site and user
- Streamline equipment inspections, calibrations, and preventive maintenance
- Ensure equipment and crew compliance
- Equipment and tools preservation and retention
- Eliminate project interruptions due to mismanagement of equipment, materials, and consumables
- Improve efficiency, accuracy, and accountability across your entire company
- Save money and time by knowing where and when to cut costs and losses
- Run audits easily and consistently
CONSTRUCTION EQUIPMENT TRACKING SOLUTION: WHAT ARE THE BENEFITS OF CHOOSING ASSET PANDA TO TRACK, MAINTAIN, AND SUPPORT YOUR CONSTRUCTION EQUIPMENT?
Asset Panda provides a flexible and reliable platform to track, manage, and support your construction equipment. It adapts to the way you work, allowing you to customize the system however is best for your business. It is a cloud-based software platform that couples with free mobile apps. It gives you the freedom to access all of your assets at any time, from anywhere. With Asset Panda every account is a premium account and every feature comes standard. Enjoy unlimited flexibility, unlimited users, unlimited mobile app downloads, and unlimited locations.