TT Asset
TraceTracker Asset is a system for effective utilization of resources at equipment intensive companies. The solution manages and tracks all types of equipment, tools, vehicles and containers in near real-time, across diverse locations. It provides information about which assets are available and ensures that the right equipment is at the right place at the right time.
- Download:
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TT Asset Product Sheet (English) (171 KB) -
Grunnarbeid Case Study (English) (371 KB)
- Challenge
- Solution
- Benefits
- Features
- Use Cases
In a competitive industry such as construction, an effective cost leadership strategy is critical.
Every penny of a project's budget counts and every opportunity to lower logistics and equipment costs must be factored
in.
Expensive and unnecessary project delays due to missing tools or equipment can dramatically impact the bottom line, resulting in:
Expensive and unnecessary project delays due to missing tools or equipment can dramatically impact the bottom line, resulting in:
- Wasted time
- Unnecessary replacement costs
- Increased equipment costs
- Inaccurate internal invoice calculations
In addition, a lack of control over vehicle and container movements causes excess costs and liabilities. In order to maximize the utilization of physical assets and to increase productivity construction companies must work smarter not harder!
The system includes the following:
- Map application
- Find available equipment
- Equipment history
- Warehouse management
- Fleet management
- Electronic driving records
- Container tracking
- Equipment certification management
- Maintenance management
- Specialized reports
- Smart phone application- “Asset Mobile”
It is easy to get started. TraceTracker Asset is user friendly and accessible through any modern web browser. The system’s many functionalities can be implemented in stages, according to your company’s priorities.
TraceTracker Asset comes with a mobile application, “Asset Mobile” that enables companies to cut down the cost of equipment management. Workers out in the field can register assets, update their status or search for assets using the phone that they already have in their pocket.
TraceTracker Asset can save your company money through:
- Full control of equipment (movements, availability, use, exploitation)
- Improved logistics and utilization of equipment
- Improved accuracy of internal invoices
- Reduced work stoppages
- Optimization of the ratio of owned and leased assets
- Reduced theft and misuse
Based on assessments made in the construction industry, TraceTracker Asset could save
2-4% of a company's annual turnover.
- Scalable: TraceTracker Asset is suitable for companies of all sizes
- Free choice of data sources: Choose between passive RFID, active RFID, GSP-units, or bar codes together with smart telephones, handheld readers, fixed readers, and many types of inexpensive ID labels.
- Standardized: Data is stored in an international standardized format (EPCIS from GS1).
- SaaS: Delivered as a subscription based service on the web (Software-as-a-Service). There is a fixed monthly price for the entire solution including installation and hardware.
- Project management
- Define project locations and “electronic borders” on a map.
- Monitor asset use from anywhere, using any modern web browser.
- Have a full overview of all the equipment on a project site at any given time.
- Find the nearest available piece of equipment on your own or another project site.
- Equipment utilization
- Rapidly find needed equipment to increase project effectiveness and reduce the amount of time that equipment sits idle.
- Base internal invoices on accurate, timely information.
- Analyze utilization ratios with specialized reports.
- Optimize the relationship between owned and leased equipment.
- Loss and theft reduction
- Set alarms for abnormal movements of equipment.
- Receive notification by SMS or e-mail when requested equipment moves outside a determined project boundary.
- Find out quickly if an asset is missing.
- Find out where and when an asset was last seen.
- Track the movement of equipment.
- Safety and maintenance
- Identify tools in need of repair.
- Maintain effective lists of repairs and maintenance history.
- Notify key personnel when equipment certification must be renewed or when routine maintenance must take place.
Contact us for a demo today!
