7 Key Tools and Equipment Management Metrics to Track
If you invest in resourcing projects with the best tools and equipment on the market, you likely want to know where they are, if they are missing, and if you're getting maximum usage and ROI from those assets. That’s where asset management comes in: track, assign, transfer, and maintain your assets efficiently to get projects done and get the highest utilization and ROI. Sounds simple, right? The problem is when contractors start actively managing their tools and equipment, they often struggle to understand which metrics to track. Well don't worry, we're here to help! After partnering with thousands of construction businesses over the years, we’ve broken down the top asset management metrics you should be tracking and how to start calculating them today.
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If you invest in resourcing projects with the best tools and equipment on the market, you likely want to know where they are, if they are missing, and if you're getting maximum usage and ROI from those assets.
That’s where asset management comes in: track, assign, transfer, and maintain your assets efficiently to get projects done and get the highest utilization and ROI. Sounds simple, right? The problem is when contractors start actively managing their tools and equipment, they often struggle to understand which metrics to track. Well don't worry, we're here to help!
After partnering with thousands of construction businesses over the years, we’ve broken down the top asset management metrics you should be tracking and how to start calculating them today.
