Key Takeaways: RTLS helps construction companies track equipment, staff, and vehicles in real-time. It prevents theft, reduces downtime, and enhances worker safety with geofencing and emergency alerts. Choosing the right RTLS depends on accuracy needs, budget, and...
Don’t lose sleep at night wondering whether you accurately tracked the cost of your rental equipment. Instead, ditch the guessing and track equipment efficiently using these 3 simple steps: 1. Track Each Piece of Equipment Individually Including Its Daily Cost...
Key Takeaways: Depreciation impacts equipment resale value and tax liabilities. Major equipment upgrades can extend equipment life and adjust depreciation. Leasing offers flexibility but requires careful financial planning. Tracking depreciation ensures accurate...
Key Takeaways: Implementing software without clear goals leads to inefficiency and wasted resources. Disconnected software creates extra work, slows operations, and increases errors. Employees need structured, hands-on training and ongoing support to maximize software...
Key Takeaways: Contractors lose up to 90 hours per month tracking tools. 31% of construction projects face delays due to theft. 60% of employees struggle with new software due to poor training. Web-based asset management software cuts search times and improves...
Real-Time Locating Systems (RTLS) pinpoint the location and movement of assets, equipment, and personnel, offering unmatched potential to boost operational efficiency and cut costs. With the RTLS market projected to reach $30.43 billion by 2032, understanding these...
