Tool Tracking Blog

Everyone needs to track tools, big Brands like Milwaukee™, DeWalt™, and Bosch™ have beacon-based tracking solutions – but are the beacons reliable? GPS or Bluetooth do they work like you expect?

Everyone needs to track tools, big Brands like Milwaukee™, DeWalt™, and Bosch™ have beacon-based tracking solutions – but are the beacons reliable? GPS or Bluetooth do they work like you expect?

Only 30% of firms currently deliver projects on budget, and only 15% deliver on time. Losing or misplacing expensive tools (and repeatedly rebuying them) has a major influence on these grave statistics – and your bottom line.

Replacing tools is frustrating, expensive, and disruptive to the flow of operations. The impact is real: delayed jobs, lost hour, and wasted money. Here are 3 key elements of a good modern tool tracking process.

Is your tool tracking helping or hurting productivity? Construction operations needs tool tracking, learn why good tool tracking leads to more productivity in operations.

You’ve got work to do. You have the weight of the entire business’s performance and profitability on your shoulders. And all you can think is, When the hell did it all get so complicated? Can we just get back to basics?

You know the mantra: follow the money. But here at ShareMyToolBox we say follow the tools. Follow the money? Let me save you the trip. If you’re a contractor, I can tell you exactly where the money leads.

Things aren’t getting any easier out there. In fact, each year the complexity of construction work continues to increase while profit margins get thinner. This is likely no surprise to you; it’s the reality you live in every day. For most contractors tool tracking is an essential function to make sure you stay profitable and an area where improvement is needed.

If you’re a one-man show, then tracking tools is just a matter of keeping the shed and the truck organized — and remembering which neighbor borrowed the drill (and that’s tough enough). But if you’ve got multiple jobsites manned by multiple field teams — you’ve got yourself a cluster– well, you know. Tracking tools and being able to locate your tools fast is essential to any business. If you’ve taken steps to get organized, then at a minimum, you at least know what tools and equipment you have.

Those golden days of heading to a job with your tool belt and a few thousand bucks of power equipment in the pickup are over. Between the tools, the tablets, and the lasers, tool investments are at an all-time high for contractors — as you well know. You also know it’s a pain in the ass trying to keep track of the tools and equipment used on various jobs, and the ever-increasing expense of those tools just multiplies the stress.