The need for accurate, effective tool and inventory management is more important than ever before for achieving success in competitive industries like construction. When you don’t have complete control of your equipment and tool inventory, there can be several ramifications. Here are five consequences of poor tool control and how implementing an efficient, easy-to-use tool control management system like ToolHound 5 can avoid these concerns.
1. Poor Productivity
Getting the job done on time and without errors is the focus of any business, no matter what the industry might be. Poor tool control can result in missing deadlines and wasted man-hours. If a piece of equipment or a tool is missing, the time it takes to locate or replace it can lead to stalled productivity and wasted time for both managers and workers. Overstocking can become an issue as well. ToolHound 5 tracks the issue and return of tools using a comprehensive database and a simple, accurate inventory management system so that tools can be located quickly.
2. Hazardous Job Sites
Safety is a primary concern on any jobsite, and lost or missing tools can create a hazardous environment. From simply tripping over an errant tool that was not returned properly to having a tool break or malfunction while being used, it’s easy to see why safety can be quickly affected without the right tool control system. ToolHound 5 addresses worker safety by ensuring equipment and tools meet safety standards through scheduled calibration and maintenance. ToolHound 5 was designed to provide operations with a substantial advantage in increasing tool control efficiency and worksite safety.
3. Wasted Money
Each tool that is not accounted for and must be replaced costs money; however, a tool control management system can save you money in other ways as well. For example, having the right tools in the right place at the right time can ensure you don’t end up paying workers for downtime caused by missing equipment. Also, ToolHound 5 can scale down the need for paying employees to manage tool rooms, leading to lowered labor costs. By making staff accountable, there can be a reduction in tool hoarding and theft as well, allowing for substantial cost savings. In addition, ToolHound is a proven solution for automating report creation, helping construction firms utilize important data without having to pay the labor costs for that data’s preparation.
4. Inability to Scale
Tool and equipment management becomes more and more complex as a construction firm grows and begins taking on multiple projects in various locations simultaneously. Inefficient tool control can make it difficult or impossible to handle many jobs at once, seriously limiting a company’s ability to scale their operations upward. ToolHound has successfully allowed for the remote management of tool and equipment inventories at multiple locations for many different companies.
5. Damaged Professional Reputation
When needed tools and equipment are not available, employee morale can become low as workers are unable to perform their tasks. Project delays and mistakes caused by irregular equipment maintenance can also damage your company’s reputation both among clients and workers. ToolHound 5 makes tool and equipment maintenance, calibration and replacement much more efficient through automated scheduling.
ToolHound Helps Avoid These Issues
ToolHound is scalable to any size organization in construction, mining, oil and gas, utilities and other industries. By using cutting-edge RFID tool tracking and management solutions from ToolHound, you can streamline your current processes and avoid the many pitfalls of inefficient tool control.