There are many opportunities within the construction industry to optimise and streamline processes using construction equipment asset management.

Firstly, let’s start by answering the question of ‘What is construction equipment asset management?’ Simply put, it’s the tracking and management of all your construction equipment, tools, plant and machinery. This includes tracking asset location and monitoring asset condition and availability.

If you’re new to the world of construction equipment asset management, check out this guide on what you can do to implement a construction equipment tracking solution.

Log all of your Construction Equipment Assets

Your business may already have a fixed asset register that includes your construction equipment. It’s worth discussing this with the broader company to establish if you have an asset register, if it’s up to date and if it could be a starting point for your equipment asset register. If you’re keen to learn more about how a fixed asset register can benefit your business, you can do so, here.

Whether or not you have a fixed asset register, it’s important to track your assets uniquely. What this means is treating each asset as a unique asset – because that’s what they are. Maintenance against one piece of equipment is relevant to that exact asset only and can be useful to make informed decisions about continued repairs/maintenance on each asset.

The best construction equipment asset management software does the job of creating and maintaining an asset register of your critical tools and equipment. Additionally, due to the nature of the construction industry and also the equipment and machinery that are relied upon, the right equipment tracking system ensures you can see instantly the last location of all your kit as well as monitor its condition and availability. These extra pieces of information are critical to optimising your processes and ensuring jobs get completed on time and budget.

Tag tools, equipment and machinery

Tagging your assets is an essential part of implementing an effective solution. We have crafted two tagging options which cover most requirements. These are vinyl asset tags and metal QR plates.

A top tip from us, having worked with many construction companies to implement equipment asset management solutions, is to tag assets while you’re logging them in your asset register. It’s essential to take a realistic approach to equipment tagging and tracking. Firstly, it’s unlikely all of your assets can be tagged within a week; even a month may be too ambitious. Tools and equipment that are in circulation will very likely need to come back to a central base to be logged and tagged. Alternatively, you can spread the burden and have each project team tag their own equipment. If you’d like to discuss the best option for your business, contact us, and we’ll be very happy to answer your questions and make practical recommendations.

Equipment Maintenance Tracking

Once you’re underway with better equipment tracking, you can also take advantage of construction equipment maintenance software that will benefit the business even further. Add inspection, maintenance and servicing due dates for each asset and you’ll be alerted when tools and equipment require attention. It’s a straightforward way to simplify what can otherwise be a very chaotic and stressful process.

Add any other Asset Information you need

Storing all information relevant to assets in one easily accessible place has excellent benefits. This can include:

• User manuals
• Financial/Purchase information
• Manufacturer/Model
• Serial Numbers
• Photos
• Warranty Expiry dates
• Spares/Replacements links
• And much more!

Make Better-Informed Decisions

One of the most helpful things construction equipment management does is create an automated, detailed history record for each and every one of your assets. Having this audit trail assists with reporting, monitoring asset whereabouts, clamping down on asset loss and damage and compliance checks.

The best thing about using construction equipment asset management software is that it helps you make more informed decisions. For example, if you can see that an asset has required a lot of reactive maintenance, it may be more economical to replace it rather than to continue repairing it.

Choosing the right Equipment Tracking Software

With itemit, you’ll be able to track and manage all of your construction tools and equipment in a simple way. To see how itemit can save you time and money, start your free trial and start tracking your construction equipment today!

If you’re looking for more information, read our post on how to use construction equipment maintenance software.

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Equipment checkout software helps your business to know what equipment is available, its condition, and where it is. It adds an additional element to asset tracking and management, which is key to ensuring your colleagues have the assets they need to get the job done well.

How Does Equipment Checkout Software Work?

Compile a list of your equipment 

The process of equipment tracking starts with a need to log your tools and equipment in a system. This has to be the first step in your process. Once you’ve got accurate equipment records, everything else comes easily. Logging your equipment can be as simple as recording the name of the asset and its serial number. Later on, you can always add more information including:

• Manufacturer
• Model
• Date of purchase
• Purchase Price
• User manuals
• Inspection Date
• Servicing Date
• Current value
• Owner
• Availability
• and more!

Tag and scan your equipment

The way equipment checkout software works is simple. 

Each piece of equipment will have a unique profile and be tagged with a QR Code asset tag. Every time this piece of equipment needs to be checked out, the user checking it out need only scan the QR code and mark it as checked out.

Effective equipment checkout software will also come with a bookings feature, meaning that equipment can be booked in advance to avoid any confusion or double booking.

So, if you need to check out, say, a Projector for your upcoming meeting, all you need to do is open your equipment checkout software on your mobile, scan the QR tag, and check out the Projector.

See item availability at a glance

All of your employees can have access to your equipment management system will also be able to use the itemit web portal. What this means is that they’ll be able to see which pieces of equipment are available. If the equipment they need is available, they can quickly check it out or book it for a future time period.

Alternatively, you may want to have fewer people in charge of all of your bookings. In this case, all it takes is a booking request, and your administrators will be able to look up whether the asset is free in your equipment checkout software. After this, they’ll be able to verify whether the asset can be checked out or not.

We’d recommend the former, however, as rolling your equipment checkout software to your entire company cuts out any middle-men or red tape. Simply select an asset, check it’s available, and check it out!

The Benefits of Equipment Checkout Software

Equipment checkout software has many benefits for businesses. One of the most significant benefits is that all of your colleagues can use it and interact with the software in real-time. What this means is everyone gets a totally transparent view of what they can use, when, and for how long. Here are just some of the additional benefits you’ll get.

• Monitor equipment availability
• Real-time updates of asset location 
• Find assets close by that are available for use
• Ensure smooth operations by giving full transparency of tools and equipment to the team
• Plan for future events and projects by booking equipment in advance

You can also integrate your equipment checkout software with other apps using Zapier, so that you can see bookings on Google Calendar or Trello.

Try the itemit equipment checkout software today. Start your free 14-day trial now.

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The best asset tracking software will benefit your enterprise in many ways. You gain accountability over your assets, can track and monitor their whereabouts, and record crucial maintenance information. In addition, you’ll also get the full benefits of a fixed asset register.

It’s essential to use asset tracking software to keep track of everything and to make sure business operations are running smoothly. Without this visibility, you’re losing out on a lot of predictive power and data. The best asset tracking solution will help you predict costs and increase efficiency in your energy usage and your business’ productivity. 

How do you choose the best asset tracking software for your enterprise? There are three easy steps to find out if the asset tracking software you’ve selected is the right fit for your business.

Know All of Your Requirements

Your business will have many requirements that asset tracking software can fulfil. So, if you’re currently looking for an asset management system to fulfil one need, it’s worth considering if it can help in more areas of your business. For example, if you’re specifically looking at tracking small tools so that less go missing, and you’re looking to achieve an ROI that way, it’s worth looking at how else asset tracking software can be applied to produce additional efficiencies for your growing business.

While it will solve the problem of assets becoming unaccounted for, it’ll also help your finance team calculate and predict OPEX and CAPEX. The right software helps the procurement team to as they know how often people use which assets. Asset tracking software will also help the teams using the tools with booking and check-in/check-out capabilities so that everyone knows at a glance which tools are available.

Run a Small Scale Pilot

When you’ve established all of your requirements, and you’ve settled on your asset tracking software, it’s a good idea to test it in the context of your operations. We always recommend running a small scale pilot before a business-wide rollout. That way you can ensure you’ve selected the best asset tracking software for your requirements. Whether this is minimising the number of assets you start off tracking, or if this is keeping the system within one area of your business, a small scale pilot will show you if this is the solution for you.

Furthermore, as asset tracking software is usually priced by the number of assets you wish to track, a small-scale rollout can help in keeping initial costs down and proving the validity of a monetary investment.

Rollout to the Wider Business

When you’re satisfied that you’ve chosen the best asset tracking software by addressing all of your requirements and by testing it out, the final step in getting up and running is to roll it out to the wider business. Asset tracking systems with shareability options are the best, as a wider rollout and training process remains a smaller task.

What is Asset Tracking Software used for?

Asset tracking software should ensure your business is able to track and monitor the assets it relies upon. Depending upon your business, this may include tracking IT hardware and computers as part of a hardware inventory management system or it may be monitoring the condition, availability and location of your tools and equipment. 

No matter what assets you need to monitor, the itemit asset tracking software could be the solution you’ve been looking for. If you’d like to know more, give us a call at 01223 421611 or email us at team@itemit.com.

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or, download the itemit app to get started

If you’re looking for UK based asset management software, you’ve come to the right place. itemit is the UK’s number 1 asset tracking solution. Our UK based team, means you get quick responses to your questions, support exactly when you need it and a team of experts that can visit you onsite.

itemit was born in Cambridge and developed here with the help of our customers. Our customers span the globe and range from construction companies, to restoration companies, healthcare companies and companies tracking and managing very high-value collections of assets.

What are the benefits of choosing UK asset management software? There are many, and we’ll lay them out as follows:

Local Support

The first benefit of using UK asset management software is that you get local support. We’ve travelled across the UK to help a variety of different companies set up their asset tracking processes and to help to train staff. Often, we’re able to assist you remotely, but should we be needed onsite, we can get to you very quickly.

If you ever have a query, question, or even a feature request, you’ll be able to call us between 8am and 5pm. We’ll walk you through everything, and we’re always happy to help.

Here at itemit, we pride ourselves on our ability to support a wide range of companies across the globe, but there’s no denying that a touch of home can go a long way.

Speedy Deliveries

When you’re looking for asset management software in the UK, you’ll probably also require tags for your tools and equipment. 

Having gained many years of experience working with companies just like yours, we’ll talk through your requirements with you and advise you on the best tags for you.

Using asset tags to streamline your asset management processes is essential either way. There’s a clear cut benefit here. If you order asset tags from us, we can get them to you the very next day, which means you’re able to start tracking sooner!

We’ll even be able to send you free samples, all you need to do is ask. Drop us an email at team@itemit.com

Home-Grown Asset Management

An underrated but undeniable benefit is that itemit was born and raised in the UK and is designed to solve problems faced internationally.

Do you need ITAM asset management software? Then check out itemit and you’ll see just how helpful the right tools can be for your business. Alternatively, if it’s healthcare asset tracking software or small tool tracking software you need, then we have the solution for you too.

We’ve built up an impressive client base in the UK, working with a varied range of UK businesses. Our client list includes Anglian Water, the Ministry of Defence and Aldi, amongst many other local and international companies.

Each company has its own needs, but those needs have helped itemit develop and grow. Our business model is based on asking what companies want, and implementing solutions for these requests. The UK has it’s own niche set of markets. There’s more agriculture, different types of businesses, and varying niches. All of these markets have helped itemit grow to what it is today.

To find out more about how itemit can help your business, whether you’re in the UK or one of our friends from abroad, you can contact us at any time, or fill in the form below to start tracking your assets.

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or, download the itemit app to get started