5 Effective Ways to Manage Construction Equipment

Construction equipment is one of the most important but often forgotten assets, because contractors are usually exclusively more focused on projects and labor. In fact, good management of construction equipment is also one of the important keys to the success of the construction business. Currently Rhenus Lupprian offers a wide range of value-added logistics services for more and more markets. Not only that Rhenus Lupprian can also do technical installation. In this article, we outline several effective ways that can be implemented into your construction equipment management process for better visibility and profitability.

1. Manage Equipment Requests & Delivery Centrally

When you have many work locations that each need different equipment every day, it is important for you to have a centralized system that can handle requests and shipments for the distribution and allocation of your Construction Equipment. Inventory management system can facilitate this need.

Inventory management system is one of the most important software for construction companies. This system helps construction managers to monitor equipment availability, handle equipment requests, and allocate them to each work location.

An inventory management system from Rhenus Lupprians is available in various parts of the world, making it easier for construction managers to track equipment shipments. This way, they can easily find out how long it will take to send equipment to each work location.

2. Wear Fees for Use of Equipment in Certain Locations

You need to be aware that each work location has different challenges and needs. This must be considered when you manage bills and equipment requests too.

For example, you might want to set up each work location or project at a different rate. You may have a standard internal tariff for hydro excavators, but because of a remote work location or project density in certain areas, the rates may be higher. Rates must be controlled based on various variables, including hours, days, weeks, months, excess hours, or duration.

3. Inspection of Any Returned Equipment

Sometimes damage cannot be avoided. Your construction equipment may have been damaged again. Of course this should not be allowed continuously.

Therefore, the process of retrieving and returning equipment must include checks to assess the physical repair of the assets before they are loaded onto the truck. If you require each work location to sign the condition of the equipment at the time of delivery, there must be no dispute regarding who should be responsible when the damage occurs.

Some construction companies collect their work locations to lose income during termination of equipment usage, but all this depends on the policies and procedures of each company

To make the inspection process for your construction equipment easier, consider using an automated asset management solution. The Asset & Fleet Management System of Rhenus Lupprians makes it easy for you to record various problems related to your construction equipment and determine whether the equipment requires maintenance.

4. Schedule Periodic Construction Equipment Maintenance

During the life of your equipment, routine maintenance and checks are needed. Maintenance scheduling is very important for your use and equipment.

With the right asset management system, you can schedule maintenance of your construction equipment on a regular basis, depending on the type of equipment. The system will provide notifications when approaching maintenance time, so that all equipment can be maintained better.

5. Know the Value Produced from Each Equipment

Know which tools are used most often and give profit to your company and which are rarely used and do not provide many benefits for the company. This way, you can more wisely control the procurement of tools and materials for each of your projects.

With Asset & Fleet Management System from Rhenus Lupprians, you can analyze the value of each of your construction materials and equipment through real time analytical reports. You can easily compare the costs incurred to maintain equipment with the revenue you generate from using the equipment.