For the trades and industry sectors, equipment is a significant investment that plays a crucial role in operational efficiency. As equipment ages, its value decreases—a process known as depreciation. Understanding how to calculate equipment depreciation is vital for...
Key Takeaways: QR codes and smartphones help digitize, organize, and automate your asset management workflows. A QR code-based tracking system can help save between 5 and 15 workdays per worker per year by reducing the time spent searching for assets. One company...
Key Takeaways: Serial numbers help identify assets, but aren’t enough on their own. Barcodes and QR codes make tracking easier with scannability. RFID, NFC, and Bluetooth automate tracking—no scanning required. GPS provides real-time location visibility for your...
Are you getting the most out of your dumpsters? It’s a question many in the waste management industry don’t often ask, but one that can significantly impact their bottom line. Perhaps you’re dealing with lost or stolen dumpsters, inefficient routes,...
Key Takeaways: Assigning tools to individual workers increases overall productivity while minimizing theft and improper use. Digital asset management tools enable seamless check-in and check-out across multiple sites. Implementing both traditional and digital...
