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.

Look at any job site, and you will see a lot of construction equipment. If you are a contractor on a job, can you see all your equipment, and know what equipment is on your site? Is it working? Is it being utilized? Can you see what’s available to you on other projects or at the yard that you...

In construction businesses, the more transparency you have over your assets (people, equipment, tools), the more margin you can earn, more competitive you will be and more profit you will generate.

What is equipment tracking software?  We get asked this question frequently and wanted to provide information on what equipment tracking software is, how it works, industries that commonly use it and the benefits of using it.

“What are the benefits of a GPS tracker for equipment?” This is one of the most asked questions we get. Not surprising as you weigh your options against other tracking technologies and want to understand the benefits of GPS.

We get asked for a “rugged tracker” a lot.  Understandably so, given our customers are contractors and the construction environment is rough.

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...

  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...

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...

This event isn’t just one tradeshow.  It is two!  The GIE Expo is one of the tradeshows.  Hardscape North America is the second.  They are both at the same location, which gives an attendee or exhibitor the two-for-one ability to see what is going on in the industry and to get some quality...

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...

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...

Radio frequency identification, or RFID, is a nifty technology with a multitude of applications in commerce and everyday life. First used in World War II by the British to track enemy aircraft, RFID has since integrated itself into our world in ways most people aren’t even aware of. For example,...

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...

Companies rely on their fleet of vehicles to get equipment and materials to job sites, finish projects on time & stay within budget. From heavy civil contractors to utility contractors and more, construction companies rely on their fleet of vehicles, trucks and trailers to get equipment and...

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...

For the past two decades, digital asset management has enabled construction companies to track their assets anywhere at any time with a minimum of manual involvement. This has produced significant improvements in operational efficiencies, lower costs and healthier bottom lines for construction...