Managing your inventory can be challenging if your company interacts with hundreds of items. Various pieces of equipment are used by your employees, exchanged between locations and staff, and checked in for maintenance. If you aren’t documenting these processes, your projects will bear the brunt of it.
RFID tagging is an advanced method of equipment tracking. It is becoming exceedingly popular with many industries now opting for it. The primary advantage of using RFID tags is that they allow mass data collection as opposed to barcodes that enable data collection one item at a time.
The US construction industry is one of the largest industries worldwide, with an annual expenditure of over $1,293 billion. It contributes a vital percentage to the GDP value of the United States, helping it drive up the economy.
This has resulted in an explosion in construction projects all over the country – companies in this space are in for speedy growth.
However, challenges are quickly creeping up to hinder this explosion.
Construction companies manage a multitude of moving parts and high-stake projects. Moreover, they rely on the availability of critical heavy equipment such as tractors, excavators, diggers, and bulldozers to carry out jobs.
But what happens if you lose track of these high-value equipment? Entire projects could face major setbacks.
AV equipment and appliances are extensively used throughout many industries. They serve a host of different purposes. Some of these include improved communication within internal teams or with stakeholders.
Streamlined tool crib management strategies are essential for cost savings and optimizing business performance. In order to do this, companies must lay down some basic principles to govern utilization.