Heavy equipment refers to vehicles mostly dedicated to construction and large scale engineering or municipal projects. They are major investments and can be challenging to manage. Some companies build their own fleet, while others rent from third parties as...
When companies begin to organize assets for greater efficiency and control, the first items that come to mind are naturally movable assets, such as hand tools, tablets, and inventory in a supply chain. These items might be checked out by employees, moved between rooms...
If you’ve invested in a secure and well-stocked inventory of tools for your company, it makes sense to have a safe and organized place to keep them. A well-managed tool crib is significant for you as well as your employees and stakeholders. The importance of good tool...
Because they often move from place to place, construction assets are especially subject to theft or misplacement. Effective construction asset management is vital for increasing profits, deterring employee and outside theft, locating missing items, and making...
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...