Asset Management Blog | Equipment Tracking Blog

In this post we discuss the tracking of physical assets (vs. digital or other types of assets) and are focused specifically on asset tracking for construction.

As construction equipment is one of a contractor’s highest cost centers, being cost conscious about your equipment utilization and your owning and operating costs is critical. All contractors calculate the total cost of ownership (TCO) a little bit differently, with various expenses to consider.

Once you’ve decided to invest in and implement a new construction equipment fleet management system for your company, the fun begins. During your buying journey your vendor should have provided a comprehensive overview of their implementation process. Buyer beware: if your vendor says “Slap and...

There are a few phases and subphases of the buying journey that begin once you know where you want to go – or once you know what you are looking for. But before you start down this path to identify the best construction technology software for your business, be sure that you have determined the...

When looking for ways to improve business, Owners and their Management team spend a great deal of time looking at inefficiencies and how to better their operations so that they can make more money. They don’t have to look too hard to find that there is a lot of waste within their equipment...

It is no secret and it shouldn’t come as a surprise to anyone reading this that construction technology is being released at an exponential rate.  McKinsey reported construction technology as a growth area and startup funding is investing billions in this growing industry.

When is World of Asphalt 2019?

  In my experience, business owners in the construction industry all have issues with theft prevention.  If you find yourself in this position, know you are not alone.  Having your tools and equipment “walk away” from a job site...

Completing projects on time and within budget is a complex, challenging endeavor, especially if your business has several concurrent jobs spread over a broad geographic area. Asset tracking is a critical tool to helping teams control their assets. However, there is more to asset management than...

The dream of many owners is to grow their company from a small business to one of the major players in their market, and to do it quickly and strategically. As anyone who has attempted this journey knows, it’s a lot easier said than done – especially if you don’t invest in the technology and...

Asset management software is a computer program or digital system that helps keep track of an organization’s stuff. That stuff can be machines, vehicles, products, or pretty much any physical item that matters in terms of cost or revenue. Asset management is needed because things - large and...

Tenna is thrilled to be exhibiting this year at The 2018 Landscape Show (booth 1079), which is presented by Florida Nursery, Growers and Landscape Association (FNGLA). Here are our top 3 reasons for becoming a member of FNGLA and for participating in the show.

We’ve been there. We’ve lost parts, had them stolen, misplaced them so that we had to rent or order more. We’ve had heavy equipment break down mid-operation due to infrequent maintenance and lost time on the project schedule to accommodate repairs. We’ve sacrificed margin on our jobs after...

The basic start to today’s complex industrial asset management systems probably started with a simple question like, “Where the heck is that skip loader when we need it?” It was driven by frustrated foremen or site managers who were tired of wasting time and money conducting labor-intensive...

As industrial companies rely more and more on asset tracking information to manage operations, protecting their data becomes more important than ever. Unfortunately, computer hackers are a highly sophisticated group, often possessing skills and technologies that outstrip the capabilities of...

There’s a lot of talk these days about IoT, or the Internet of Things. But what, exactly, is IoT and what does it do?

There are a lot of articles that talk about the hidden costs in construction. Many of these are associated with the building of the project and are out of a contractor’s control: fees associated with the state or municipality, environmental delays, incomplete designs, unanticipated site...

Technology is reshaping the world of asset management (and the world at large) faster than anyone could have anticipated. To get an idea of where our industry might be headed, Tenna asked three experts to share their ideas on upcoming changes that will rock our industry in the near and distant...

I chose the college I attended for many reasons, one of which was the centralization of resources it provided.  From the class buildings and recreational areas to the dorms and food halls, everything I needed was within easy reach. Not having to ride a bus or trolley or walk for 20 minutes to...

Between the current economic factors impacting the construction landscape and the continuing advances in tools, materials and technologies, 2018 promises to be a very interesting year for the construction industry. As we peer into our crystal ball, here’s a quick look at the top three economic...

Digital asset tracking is growing by leaps and bounds as more companies in the construction, oil and gas and other industrial industries learn about the business management benefits of this powerful technology. These days, management in most industrial companies has a basic understanding of what...

Tracking tools, equipment and other assets in laydown yards and job sites used to be an inefficient and time-consuming task for construction and other large industrial companies. Manual processes for checking equipment in and out of sites made it difficult to determine their location and status....

    Our Tenna Sales and Client Success Team attended the International Construction & Utility Equipment Exposition (ICUEE) this past October in Louisville, Kentucky. Being an Internet of Things (IoT) Organization, we know that...

When working hard to complete projects on schedule and within budget, preventive maintenance of your fleet equipment and vehicles can easily get overlooked or delayed. Yet, few things are more important for the growth of your business and your bottom line than taking good care of your...