Key Takeaways Creating a solid plan for the end of year inventory count is crucial. Categorizing inventory into consumables, materials, tools, and equipment can make inventory counting more efficient. Investing in construction inventory management software saves time...
Key Takeaways Idle time is a period during which your equipment is available and functional, but isn’t being used. Downtime describes the time during which the asset isn’t in shape to run due to a breakdown or scheduled maintenance. Tracking equipment idle time and...
Key Takeaways Clearly defining what constitutes equipment idle time and keeping track of it is the first step toward reducing it. Construction companies that want to reduce the idle time of their equipment should focus on making their project scheduling more...
Key Takeaways Enhancing equipment utilization allows for companies to better align equipment availability with project milestones. Construction companies that focus on improving the utilization of their existing equipment can save a lot of money. Using equipment to...
Maximizing productivity is a surefire way toward successful project completion. For this to work, however, construction companies must keep track of their productivity levels. And no, spreadsheets won’t help you here. To be honest, they’re most likely a part of the...
Key Takeaways: Equipment utilization is affected by project-related, equipment-specific, and environmental factors. Equipment availability, equipment downtime, and utilization rate are the key KPIs for measuring utilization. Telematics solutions can help optimize...
