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

How consolidated and focused equipment fleet management software allows contractors to adopt with success.

In the construction industry, tracking devices are used to track heavy equipment, mid-sized equipment and fleet vehicles.

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.

This webinar follows FMI’s Fleet in the C-Suite research to improve leveraging equipment assets and FMI’s partnership with Tenna as we engage in a conversation about fleet management best practices and the application of modern technology to optimize the company’s investment in the fleet.

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 may be needing next week?

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.