Monitor productivity of assets in project execution

Plant & Equipment Management is at the heart of all construction operations. Effective equipment management is therefore essential to the success of any project.

Most construction companies usually record equipment movement either with paper files or through the use of spreadsheets. However, manually tracking such high-ticket assets leads to multiple problems for construction companies.

Construction equipment maintenance contributes to about 40% of total construction project overrun costs, according to a study in the International Journal of Engineering Science Invention.?

Here are all the challenges that construction companies encounter with traditional equipment management.

• Inaccurate data
• Failure to comply with calibration standards
• Time-consuming manual processes
• Lack of on-site assistance

Overcome equipment management hurdles with Tracecost

Dedicated equipment management software helps companies maintain an accurate log of all their valuable equipment and enables them to schedule recurring calibration services. This enables companies to pull down instances of lost equipment and wasted work hours.

With Tracecost, easily track the movement of all your assets and take important data with you, wherever you go.