Keep Track of Your Assets With Ease

Each time that a load of materials or a piece of equipment leaves the warehouse to go on the road, the assets of your company are at risk and have the potential to hurt your business if they’re lost or sent to the wrong location. Equipment getting sent to the wrong job site, or not being available when you need it is common, but it truly can have a negative impact on your company in many ways. Every moment that you’ve got a worker idle because they’re waiting for a material to arrive, that’s one moment more that they’re being paid for no work, and the company morale is going down due to boredom. And on top of the costs to your workers, it’s also hurting your bottom line and your reputation as a dependable contracting service.

When you’re late with your building schedule, this often leads to penalty fees, as well as the usual increase in the amount of money needed to pay employees for longer periods of working. This loss in profit from a job has the ability to severely damage your company and its potential to get more related jobs. Your reputation is one of the hardest things to build up and one of the easiest things to damage, so it needs to be cherished and taken into account with every company decision. If you develop a reputation for not having the necessary materials or equipment on site, or for not completing your jobs on time because of this lack of materials, it is going to be very difficult to maintain a level of success in the industry.

Keeping all of these factors in mind, it is extremely important to manage your materials and equipment closely, but this is a time consuming challenge that a busy person on a job site simply can’t do alone. That’s why asset tracking systems are so imperative to making sure that things run smoothly on the job site. When you implement GPS tracking on all of your materials and equipment, you gain total control of information that will tell you where each item is, so it will never be sent to the wrong job site, or “go missing.”

How does an asset tracking system work? Typically, each piece of equipment or load of materials is tagged, so that each time it leaves the warehouse or is moved to another job site, there is data logged into a main system with all material information. All of this information is instantly loaded into a main system that you can access on almost any job site, which allows you to check that you have all of the materials, and the locations of any ones that you need but don’t have. So no matter how big your project is, or how many materials and pieces of equipment you may have to complete the project, using a system like this will help to ensure that your jobs run smoothly, that you stay on schedule and that each day is productive for both your management and your team.