Save money on construction rental equipment with Telematics.

Have you ever rented a piece of equipment and then found out that you had that piece of equipment sitting idle at another jobsite?

It's a common problem. You rent a piece of equipment for a job, but then you realize that you already have that same piece of equipment sitting idle at another jobsite. Or, you rent a piece of equipment for a job, but then you find out that you don't actually need it.

This can be a costly mistake. You're wasting money on rental fees, and you're also taking up space at the jobsite.

How can telematics help?

Telematics is the use of electronic devices to track and monitor equipment. This technology can be used to help you avoid renting equipment that you already have or don't need.

Here are a few ways that telematics can help:

• Real-time location tracking:?Telematics devices can track the real-time location of your equipment. This means that you can always see where your equipment is located, even if it's not on your jobsite. This can help you to avoid renting equipment that's already sitting idle at another jobsite.
• Utilization monitoring:?Telematics devices can track how often your equipment is being used. This information can help you to determine if you're actually renting the equipment you need. If you find that you're not using a piece of equipment as much as you thought you would, you can consider returning it or selling it.
• Maintenance alerts:?Telematics devices can also send alerts when your equipment needs maintenance. This can help you to prevent equipment downtime and avoid costly repairs.

Conclusion

Telematics can be a valuable tool for businesses that rent equipment. By using telematics, you can avoid renting equipment that you already have or don't need. This can help you to save money and keep your jobsites running smoothly.

Here are some additional tips for using telematics to avoid renting equipment that you already have or don't need:

• Install telematics devices on all of your equipment.?This will give you the most comprehensive view of your equipment's location and usage.
• Set up alerts for equipment that's not being used.?This will help you to identify equipment that you can return or sell.
• Monitor your equipment's maintenance schedule.?This will help you to prevent equipment downtime and costly repairs.

By following these tips, you can use telematics to save money and improve your equipment management.?Learn more about how mJobTime Telematics is saving customers money by tracking their equipment and other assets. https://mjobtime.com/telematics/