Knowledge of asset management best practices and their efficient application can result in a smoothly-running organization that will become more productive, have more involved employees, stay compliant, and serve its customers better. In the end, all these...
Tools are among the most easily lost and misplaced assets in public and private organizations. Maintaining real-time information about their location is invaluable. Tool tracking is an important function for construction companies, retail outlets, nonprofit...
Heavy equipment maintenance and repair is a must to keep your business moving. When equipment is down, clients are frustrated, projects lay idle, and profits are lost. Since operators must find a way to repair heavy equipment on-site—it’s not easy to roll a...
Asset tagging is a key part of efficient asset management. Without proper tagging, companies can’t keep an eye on their valuable machinery and critical equipment as it moves across job sites, which leads to equipment losses, and project delays. Fortunately, effective...
The construction industry loses around $1 billion per year due to construction site theft. According to experts, that number continues to rise annually. In addition, the National Insurance Crime Bureau reported that only 23% of the stolen heavy equipment in 2014 was...
