To all construction companies, equipment is one of the most critical factors that contribute to the success of their business. Managing these apparatuses wisely and making the best use of them might help firms save a lot of time and money. In this article, we will find out more about construction equipment management and how businesses can optimise the process. Read on!
Working and collaborating with others is a large part of the construction industry. As frontline employees are likely the first ones to notice problems with equipment, your team should find a way to communicate with them effectively. By this, all the team can be notified of the equipment status during the construction or during the materials shipping.
Well-transferred information can bring many advantages to the firm. For example, engineers can instantly address damages and repairs. This helps prevent delays and also prevent people from using broken or inoperable equipment. Make sure to incorporate cloud-based technology, like an ERP solution, into your construction equipment management so that you can collaborate in real-time with stakeholders and have a single source of information.
To get successful construction equipment management, companies may start by managing all their data effectively. This data should be communicated to project managers, engineers, superintendents, and others. Without a centralised and updated database, a lot of cascading challenges may come to construction firms over time.
Having a digitised inventory, equipment, and machinery list reduces chaos and improves clarity on what is available and in what condition it is available. This increases the likelihood of making an insightful decision. Synergix ERP software is built with an intelligent dashboard that allows easy access to reminders and notifications on details. With the help of ERP solutions, firms can easily update data about the purchase of expensive machinery, annual maintenance reports, an inspection of equipment, inventory, etc.
Construction firms are well aware of the difficulty of keeping track of dozens or even hundreds of pieces of equipment. If your firm does not set up with the correct kind of technology, there could be so much chaos taking care of all these machines.
Comprehensive ERP software can address the issues of equipment tracking that enterprises usually encounter. The Synergix ERP Contract Management module works in tandem with our asset management module to track rental equipment using a unique serial number identifier. You can do scanning via Bluetooth scanner and linked to your device for rental off-hire barcode scanning and send real-time information updates to the headquarter’s ERP System.
Construction firms should always prioritise maintenance. According to studies, construction equipment maintenance accounts for approximately 40% of total project overrun expenses. Preventive maintenance is critical for extending equipment’s life cycle and avoiding expensive repairs.
Maintenance is more than just lubricating moving parts and changing filters. It is a deliberate approach to equipment management from the time the equipment is purchased until it reaches the end of its useful life.
Maintenance plan acts before wear and tear causes major costs or equipment failure. Regular inspections, part replacement, testing, and analysis can help you improve your equipment’s reliability, performance, and resale value.
Downtime and delays can be reduced with construction equipment management. If you do have some downtime, you may utilise the information obtained by Synergix ERP system to minimise loses in the future. This could include arranging maintenance, storing equipment, or replacing out parts. Your company can optimise the processes surrounding construction equipment management as you adopt a fully integrated solution.
Synergix Technologies’ completely integrated and customisable ERP system can provide robust construction equipment management, based on our 32 years of experience. To reduce net cash investment, eligible businesses can take advantage of multiple subsidies worth up to 70% of the qualifying cost.
If you have any further questions, please contact us right away!