3 Signs You Need Small Tool Tracking Software

March 10, 2020 • 3 min read
3 Signs You Need Small Tool Tracking Software
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There’s a high chance you need small tool tracking software. How do we know? You’ve stumbled across this article.

Ok, so that isn’t the first sign you need small tool tracking software, but if you’re thinking about how to track your tools, you’ve come to the right place!

Small tool tracking software will help your business to be more efficient. At itemit, we’re already helping to track restoration and remediation assets, construction equipment, healthcare and medical devices, housing and more!

Here are our top 3 signs to look out for which indicate you need small tool tracking software in your life!

 

Sign One: Your tools always go missing

The first sign that you may need a small tool tracking software is that your tools constantly go missing. Do you find yourselves searching for tools on a daily basis?

This isn’t a unique problem. You just need that spanner to finish off a job, but end up spending a lot of time trying to look for it. It can be frustrating when your work gets blocked, and tools going missing is one of the main causes of this.

There’ll be two main reasons your tools go missing, and they both relate to accountability. Either other companies are unintentionally using your tools, or your tools aren’t being used responsibly.

Using the best small tool tracking software solves this. Having an asset tag on your small tools allows everyone to see who owns them. Using a tool tracking software to track asset movement also shows your colleagues that each piece of equipment is unique and being closely monitored. This has a significant impact on responsible usage of your tools and equipment.

 

Sign Two: You don’t know who is using what

This may not seem like a problem at first and, in a sense, that’s a problem in itself.

At a glance, tracking your assets and knowing who is using what may not look like it matters, but it does. Why? Having unaccountability over asset use means that there’s a lot of overlap when it comes to needs.

For example, if three people need the same small tool at the same time, not using a small tool tracking software means first come first served.

If you’re using a small tool tracking software, however, you’ll be able to see which assets are booked out or assigned to which of your colleagues, knowing who is using what speeds up all of your processes and ensures your team have access to the critical tools they need

 

Sign Three: Your auditing process is a total mess

Auditing. You’ve probably built small tool losses and replacements into your forecasts and budgets. Therefore, you know how important it is to know which tools you own, which you’re using, who has what, where they’ve been, and when they’re due to be replaced.

It used to be standard practice to use a spreadsheet to track and manage your small tools. If you look at this objectively, it’s no wonder everything gets very difficult very quickly.

Every movement from site to site would require this spreadsheet to be updated, as well as every time an asset is lost, found, or replaced, or even replaced and found.

Using small tool tracking software automates this process, creating customisable and effective reports for you. Now, you don’t have to build in too much asset loss into your profit projections, and you’ll have a much clearer view of how your small tools are used.

If you’ve related to these three signs, itemit can help. itemit is an easy to use small tool tracking software. To find out more about how itemit can help your business, contact us today or fill in the form below.

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Article by

Dr. Alex Wong is the CEO & Co-Founder of RedBite Solutions, a spin-out from the University of Cambridge and creators of itemit. For more than 2 decades, Alex’s innovations have disrupted industries and reimagined traditional solutions, delivering breakthrough results. A pioneer of the RFID EPC Network and IoT, Alex has shaped modern tracking technologies. RedBite powers the world’s largest RFID deployment across 60+ countries and launched itemit, a leading barcode, QR code, GPS & RFID SaaS tracking platform. Dr. Wong holds a PhD in Engineering from Cambridge and remains an embedded researcher, leading EU & Innovate UK projects to bridge research with real-world applications.

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