To extend the lifespan of any equipment, maintenance plays a critical part. Equipment maintenance reflects the need to maintain the inventory first. For that reason, heavy equipment managers should have relevant spare parts and tools in place.
Construction projects revolve around heavy-duty operations along with the wear and tear of heavy machinery. This is why all the drivers, site inspectors and fleet managers should be aware of equipment up keeping practices. Right spare tools and inventory management approaches further help heavy equipment owners execute operations timely and cost-effectively.
Additionally, the integration of digital practices has eased inventory management for diverse heavy machinery.
So if you are looking to stack up new heavy machinery it is important to prioritize the condition of your inventory.
But the main query here is what are the right steps to take?
How to manage heavy equipment inventory without adding additional economic expenses?
Continue reading and explore the right ways of inventory management yourself;
Stocking The Relevant Repair Parts
The most important part of inventory management is maintaining the equipment storeroom. By that, you should have spare parts relevant to the inventory machinery. Repairs are common when it comes to heavy-duty construction operations. For a quick repair, you must have relevant spare parts in good condition because as sooner as the repair is done the more rapidly the operation can be resumed.
More importantly, the right tools present at the right time will save you time as a project contractor. It will add a plus point to your business reputation. Parallely, it will reflect your responsibility and attentiveness toward your heavy gadgets.
Digital Aid
When it comes to accomplishing a construction project successfully, each and every worker has a significant part. Digital tools like inventory management software make it easy for workers onsite to collaborate with warehouse managers. They can easily convey the insufficiencies and inventory managers can find relevant parts to maximize heavy equipment’s performance quickly.
This way, a business not only completes the operation quickly but also saves huge expenses that can go under uncertain heavy equipment breakdown.
In addition, through inventory management software, the communication barrier that construction workers face is also minimized. The team is more coordinated, part replacement becomes a hassle-free process and projects are completed safely on the given duration.
Remember as a heavy equipment owner and construction contractor, making smart use of the latest technologies will give business operations a sustainable boost.
Organizing The Inventory
Investing in high-tech technology brings us to the point where the construction industry is famous for. That is heavy equipment thievery, missing parts, lost tools and much more similar headlines are regular news coming out of the construction sector.
Surveillance System
Workers hired temporarily may tend to violate security policies. Therefore, to organize the inventory second step is to invest in a surveillance system. A 24/7 camera system will help you find the black sheep as well as manage the heavy equipment damage from external factors.
Even if any worker tries to exploit the company’s property through a security system you can provide the evidence to law enforcement authorities to get a reimbursement for the damage.
Alarm Systems
On the same side, installing an alarm system will serve as the cherry on top. If any worker gets missed by the camera an alarm system will turn on the lights or produce a sound to alert the workforce if any heavy equipment or its part is out of place.
Limited Access
Another smart move that you can make to manage your inventory is to limit access. Only allow relevant operators or higher management to access the heavy equipment warehouse. This way you can have eyes on all the involved parties and save the loss of heavy machinery parts.
The Bottom Line
Managing heavy equipment inventory is a difficult job that demands owners to work smartly. As a contractor, you need to cater to different projects simultaneously and with damaged or missing equipment parts it’s nearly impossible.
This is why you should invest in practices like a good security system, skilled labour and inventory management digital tools to make all the earbuds meet in your favour.
More importantly, building a team of trustworthy people will help you manage the inventory effectively. It doesn’t take one but a whole workforce to manage a heavy equipment inventory system.