April 28th, 2016 | Posted by: superadmin
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.
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.
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.
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.
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.
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.
March 31st, 2016 | Posted by: superadmin
For many years, paper was ubiquitous in the construction industry. From invoices to drawings, paper was everywhere – but this is all beginning to change. With the role of technology in construction continuing to grow, the modern jobsite has been forced to adapt and improve. One of the biggest improvements that many companies have adopted is going paperless.
Since technology is already being integrated into your day-to-day operations, it only makes sense to take the next step and eliminate paper. While this may seem like a no-brainer for enterprise-level construction companies, medium and smaller sized companies can also benefit from going paperless.
The Environmental Costs
Each year, more than 300 million tons of paper are consumed worldwide. Canada is the one of the world’s largest consumers of paper (second to only the US). Although first world countries make up a small percentage of the world’s population, they consume a disproportionate amount of paper compared to other countries. This results in deforestation, an increase in solid waste, and significant contributions to air and water pollution. Moving towards a paperless jobsite reduces your negative impact on the environment.
Sustainability is Good Business
Maybe you haven’t taken the time to think about your environmental footprint, and that’s okay. Many businesses are so focused on their bottom line, that they don’t consider how sustainability practices can have an overall positive financial impact. You may be surprised to learn that adopting sustainable practices is also good business. These practices help you to be more competitive and more attractive to consumers.
Increased Productivity and Lower Costs
If you’ve ever forgotten an important document or building plan and had to waste time driving back to the office, you understand the value of having access to documents in the cloud. Not only does a paperless jobsite eliminate the need to carry paper copies, but going paperless also helps cut down on administrative costs.
Handling paper can account for 30 percent of your organization’s overhead. This number takes into account the average number of hours workers spend on tasks such as filing, distributing, creating, retrieving, and destroying documents. A 2014 AIIM report showed that more than half of respondents see a return on their investment within a year of implementing paper-free projects.
How Can ToolHound Help?
ToolHound offers equipment and tool management software that is an integral part of any effort to reduce paper on the job site. Here are a few Toolhound Solutions that can help your company go paperless:
- ToolHound Purchasing Module – If you are still using a paper-based system for inventory tracking and purchase ordering, then ToolHound’s Purchasing Module is an excellent solution for you. It allows you to monitor item availability and usage to generate purchase orders.
- ToolHound 5 – ToolHound 5 offers paperless tool tracking and consumable tracking.
- Maintenance Module – The ToolHound Maintenance Module eliminates the need for paper work orders and service tasks.
If you have been considering reducing your paper consumption or going to a completely paperless jobsite, now is a good time to investigate tools that are specifically designed for the construction industry, such as Toolhound.
February 29th, 2016 | Posted by: superadmin
In today’s always connected world, technology offers a wide range of gadgets and services that make our daily lives more comfortable and convenient, not to mention more entertaining as well. On today’s job site, however, technology plays a much more valuable role — enabling greater efficiency and safety.
Technology has delivered a number of important advances that are revolutionizing the modern, high-tech job site.
RFID Tool Tracking:
The use of a tool and equipment tracking system, like ToolHound 5, increases both efficiency and productivity by managing valuable inventory across job sites. With RFID technology replacing bar code labels for many applications, reliable tracking of equipment can be done in real-time, even when tools are used in harsh, dirty or greasy environments.
But the ToolHound software not only simplifies tool tracking, it also contributes to improved safety. Because improper tool maintenance can lead to on-the-job mistakes and accidents, the ToolHound Maintenance Module keeps track of regular maintenance tasks with full reporting on when service is due, outstanding repairs, meter readings and maintenance histories.
Working in the Cloud:
With workers and resources spread across multiple job sites, many construction firms have come to rely on cloud computing as a more practical and efficient way to collaborate. Storing information ‘in the cloud’ provides secure, anytime access to applications and data from virtually any Internet-connected device, regardless of how much data storage that device offers. For example, ToolHound Cloud uses an online, hosted version of ToolHound to manage the movement, usage and location of tools and equipment without the hassle of maintaining web and database servers.
Availability of cloud computing and Wi-Fi Internet access, plus the growing number of workers with tablets and smart phones on the job, means ever-increasing mobility. To allow you to take full advantage of that mobility, there are a number of mobile apps for the construction industry, including CAD apps to change blueprints on the fly, and apps that help managers calculate supplies, concrete volumes, roofing materials and more.
Virtual High-Tech Job Site:
While drones, GoPro video cameras and 360-degree fisheye cameras are popular with hobbyists, they also come in handy for improved construction information workflow. Video and panorama photography are great tools to simplify visual documentation and bring the virtual job site to management, saving time and travel costs.
We’ve all become accustomed to the conveniences made possible by technology in our day-to-day lives. But when it comes to the hardware and software solutions available in today’s construction industry, a high-tech job site delivers unprecedented and even unexpected advantages.
January 21st, 2016 | Posted by: superadmin
The good news for the construction industry in 2016 is that it’s expected to continue growing overall, with the residential building sector leading the way followed closely by commercial. Some industry analysts predict that U.S. construction starts will increase 6 percent to $712 billion in 2016, following estimated gains of 13 percent in 2015.
But analyst predictions don’t do any good if your business isn’t seeing the profits you expect. Fortunately, 2016 also will bring some key industry trends to help you grow your business and improve return on investment (ROI).
Strategy to Stay in the Black
In today’s global economy, developments around the world increasingly affect businesses everywhere. Beyond keeping an eye on the local economy, it’s important to be aware of other factors helping to shape the future construction outlook, such as lower oil prices worldwide and foreign currency shifts. To improve their company’s ability to ride out these global ups and downs, many large construction firms are adopting new strategies and tools to track spending to make sure they’re able to stay in the black, regardless of the economic climate.
Speaking of the climate, the developments at the United Nations’ Conference on Climate Change late last year gave a boost to the topic of sustainability and green building. In fact, during the Greenbuild 2015 conference, the U.S. Green Buildings Council (USGBC) reported that the green building market is expected to exceed $3 billion by 2020. As USGBC CEO Rick Fedrizzi said, “Profitability is sustainable and sustainability is profitable.”
More and more companies are embracing technology tools to improve productivity and increase ROI. Robots are being used more than ever, big data aggregation applications are helping to save time and drones are flying above many job sites.
The importance of new technology advancements was emphasized at the recent Engineering News-Record FutureTech conference where the CTO for engineering consultant Black & Veatch said that today’s businesses need to be open to new technology including Building Information Modeling, mobile devices and data analysis tools. Staying ahead of the competition means learning how to adapt and putting advanced technology to work.
Additionally, the willingness to embrace new technology can help companies overcome the most commonly mentioned trend for the construction industry in 2016, which is the shortage of skilled labor. Although most experts predict this shortage will continue well into 2016, technology tools like ToolHound 5 help you maximize the productivity of your existing workforce by automating and streamlining equipment check-in/check-out for peak efficiency.
What trends do you think will be most important this year?
December 10th, 2015 | Posted by: superadmin
You have a lot of demands on your time. Between bidding projects, managing personnel, planning business strategy and keeping an eye on the balance sheet, you have more than enough to do.
Finding extra time in the day for purchasing materials is nearly impossible. Yet, efficient management of consumable inventory and tool replacement is key to avoiding stalled productivity.
Fortunately, the ToolHound tool and equipment tracking system offers access to the ToolHound Purchasing Module. The purchasing module allows you to automate the task of adding new items to inventory, simplifying the process of ordering, receiving and tracking inventory.
With automated reordering, you can replenish inventory using user-defined minimum and maximum quantities, automatically generating and sending purchase orders to selected suppliers.
The purchasing module not only monitors item availability and usage to create purchase orders, it also reports on usage history to help you make informed decisions about future inventory purchasing and forecasting.
The reporting feature makes it easy to view backorder reports or completed purchase orders at any time, and you can generate inventory receiving reports by supplier and/or purchase order number.
When your time is already at a premium, why spend hours creating purchase orders and tracking down backorders when you have an efficient, effective purchasing manager at your disposal with the ToolHound purchasing module?